Hyundai Engineering Wins Songpa Garak Hyundai 6th Street Housing Maintenance Project Contract

Total Project Scale of 101.7 Billion KRW

Hyundai Engineering announced on the 27th that it was selected as the final contractor at the general meeting for the selection of the contractor for the Garak Hyundai 6th Apartment Street Housing Maintenance Project held on the 26th in Garak-dong, Songpa-gu, Seoul.

Perspective view of Garak Hyundai 6th Street Housing Redevelopment Project. [Photo by Hyundai Engineering]

Hyundai Engineering will carry out this project independently, with a total project scale of 101.7 billion KRW. This is the first street housing maintenance project for which Hyundai Engineering has secured the construction rights.

Through this maintenance project, the existing Garak Hyundai 6th Apartment, consisting of 160 households (basement 1st floor to 10th floor, 2 buildings), will be transformed into an apartment complex with 191 households (basement 3rd floor to 25th floor, 2 buildings) and auxiliary welfare facilities.

The street housing maintenance project is one of the maintenance projects under the "Special Act on the Maintenance of Vacant Houses and Small-scale Housing." It is a project implemented to improve the residential environment on a small scale while maintaining the existing street in a street block (an area surrounded by roads) where old and poor-quality buildings are densely concentrated.

A Hyundai Engineering official said, “Following the ‘Munjeong 136 Reconstruction Project’ and the ‘Garak Ssangyong 1st Remodeling Project’ currently underway in Songpa-gu, we have additionally secured construction rights. We expect this to serve as a foundation for securing construction rights linked to nearby areas, including future maintenance projects planned in Songpa-gu.”

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