Samsung C&T Selected as Construction Contractor for Gwacheon Jugong 10 Complex Reconstruction

Reborn as 'Raemian One Majesty'
Achieving 2.1 Trillion Won in Maintenance Project Orders This Year

Samsung C&T has won the reconstruction project for Gwacheon Jugong Complex 10. Samsung C&T's order amount for maintenance projects this year has surpassed 2 trillion won.

Perspective view of Gwacheon Jugong Complex 10 reconstruction (Photo by Samsung C&T)

Samsung C&T announced on the 28th that it was selected as the construction company at the temporary general meeting of the Gwacheon Complex 10 Reconstruction Association. Gwacheon Jugong Complex 10 will be transformed into 'Raemian One Majesty.'

The Gwacheon Complex 10 reconstruction project is located at 67 Jungang-dong, Gwacheon-si, Gyeonggi-do, and involves constructing 18 buildings with 1,179 households ranging from 3 basement floors to 28 above-ground floors, along with auxiliary facilities. The construction cost is approximately 682.1 billion won.

Samsung C&T proposed the name 'Raemian One Majesty (ONE MAJESTY)' for the Gwacheon Complex 10 reconstruction. The name combines 'One,' meaning the only premium residence, with 'Majesty,' signifying status and honor, to convey the meaning of a special residential space representing Korea.

Aerial view of the Gwacheon Jugong 10 Complex reconstruction project site, 'Raemian One Majesty' (Photo by Samsung C&T)

The Gwacheon Complex 10 reconstruction project is the last reconstruction site in the Gwacheon area, equipped with both residential environment and transportation infrastructure. It is adjacent to Gwacheon Station on Subway Line 4 and is located at the gateway to Seoul. Nearby are Gwanaksan Mountain, Yangjaecheon Stream, and Gwacheon Central Park, and within a 10-minute walking distance are excellent school districts such as Gwacheon Elementary, Gwacheon Middle, and Gwacheon High School.

Samsung C&T has achieved over 2.1 trillion won in maintenance project orders this year while pursuing a selective order strategy. The urban maintenance projects won this year include ▲ Songpa Garak Sang-A 2nd Apartment Remodeling (375.3 billion won) ▲ Songpa Garak Ssangyong 2nd Apartment Remodeling (266.7 billion won) ▲ Ulsan Jung-gu B-04 Redevelopment Project (771 billion won), among others.

A Samsung C&T official explained, "We will make Gwacheon Complex 10 a landmark complex that sets the principles and standards for premium residences not only in the Gwacheon area but also nationwide."

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