Hyundai Construction Consortium Wins Cheongju Samo 2 District Redevelopment Project... Worth 1.12 Trillion KRW

The Hyundai Construction consortium (Hyundai Construction, Daewoo Construction, Doosan Construction, Hanshin Engineering & Construction, etc.) announced on the 23rd that it has won the contract for the ‘Cheongju Samo 2 District Redevelopment Project’ worth approximately 1.12 trillion KRW.

Cheongju Samo 2 District is the largest redevelopment project in Cheongju, covering the area of 644 Sajik-dong, Seowon-gu, Cheongju. It consists of 50 buildings ranging from 4 basement floors to 29 above-ground floors, with a total of 4,148 residential units.

Perspective view of the SaMo 2 District Redevelopment Project in Cheongju. [Photo by Hyundai Engineering & Construction]

The Hyundai Construction consortium proposed the complex name ‘NOVA CITY CHEONGJU’ for the Cheongju Samo 2 District Redevelopment Project. The name combines ‘NOVA,’ representing newness, and ‘CITY,’ symbolizing the urban environment.

Additionally, to enhance the grandeur befitting the largest project site in Cheongju as a landmark complex, the plan includes applying a curtain wall look and a grand main gate, symbolizing a luxury apartment.

The top floor of the complex will feature a sky community, including a duplex gymnasium, indoor swimming pool, single-person study rooms, and sports facilities.

Cheongju Samo 2 District is within walking distance of Sajik Elementary School and Cheongju Girls’ Middle School, and the Chungcheongbuk-do Education Library is also nearby, providing excellent educational infrastructure.

Within about a 10-minute drive, there are lifestyle amenities such as supermarkets and movie theaters, and the Chungcheongbuk-do Provincial Office is adjacent, allowing convenient administrative services.

In particular, SK Hynix is carrying out large-scale facility expansions near the project site, having signed an investment agreement worth 15 trillion KRW with Chungcheongbuk-do and Cheongju City, raising expectations for job creation and regional development.

A Hyundai Construction official said, “We will join forces with the project team to focus our capabilities so that this can become the largest landmark complex representing Cheongju.”

This content was produced with the assistance of AI translation services.