Kumho Construction Wins Contract for Apartment Construction of 1,420 Units in Dong-gu, Daejeon

LH Ordered 'Daejeon Daedong 2 Residential Environment Improvement Project'
Total Construction Cost 270.3 Billion KRW, Construction Period 52 Months

Kumho Construction has secured a contract to build a large-scale apartment complex with 1,420 households in Daejeon.

On the 24th, Kumho Construction announced that it had won the bid for the "Daejeon Daedong 2 Residential Environment Improvement Project 1 and 2 Block Apartment Construction and Development Project" commissioned by Korea Land and Housing Corporation (LH).

Aerial view of the "Daejeon Daedong 2 Residential Environment Improvement Project Blocks 1 and 2 Joint Housing Construction and Development" in Dong-gu, Daejeon. Photo by Kumho Construction

The "Daejeon Daedong 2 Residential Environment Improvement Project" is a large-scale project with a total budget of 455.7 billion KRW aimed at improving aging and poor residential infrastructure in low-income residential areas of Dong-gu, Daejeon.

Kumho Construction formed a consortium with DL E&C and Gyeryong Construction to build a total of 1,420 apartment units across 19 buildings ranging from 2 basement floors to a maximum of 35 floors above ground in the areas of 33 Daedong, Dong-gu, and 447 Yongun-dong. Block 1, located on the west side of the complex, will have 1,130 units, and Block 2, on the east side, will have 209 units. The total construction cost is 270.3 billion KRW, and the construction period is 52 months.

All units will be supplied as public sale apartments and will consist of popular exclusive areas of 59㎡ and 84㎡, favored by actual homebuyers.

A Kumho Construction official said, "We won this project based on our extensive experience in constructing various public sale apartment projects," adding, "We will successfully complete the construction and create a residential space that satisfies everyone when the move-in is completed."

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