DL E&C and Hyundai Engineering & Construction Win 870 Billion Won Jangwi 9 District Project...Reborn as 'Bukseoul Centermark'

A total of 2,270 units to be built... A new landmark for Jangwi New Town in Seongbuk-gu
A triple advantage of nature, transportation, and development... Anticipated benefits from GTX and Dongbuk Line
DL E&C: "Accelerating bids for redevelopment projects such as Hannam 5 District and Apgujeong"

The consortium of DL E&C and Hyundai Engineering & Construction has been finally selected as the contractor for the Jangwi 9 District Public Redevelopment Project in Seongbuk-gu, Seoul.

Perspective view of Jangwi 9 District Public Redevelopment. Provided by DL E&C.

On April 28, DL E&C announced that, together with Hyundai Engineering & Construction, it had secured the contract for the Jangwi 9 District Public Redevelopment Project, which is valued at approximately 870 billion won. The share ratio between the two companies is 60% for DL E&C and 40% for Hyundai Engineering & Construction.

The Jangwi 9 District project is a large-scale development that will create a total of 2,270 apartment units and related welfare facilities in the area of 238-83 Jangwi-dong, Seongbuk-gu. The two companies won the construction rights as the sole bidder at the residents' general meeting held on April 26.

Jangwi 9 District boasts a pleasant natural environment, being adjacent to the Ui Stream, Jungnang Stream, and Northern Seoul Dream Forest. It also offers excellent transportation accessibility, with the Naebu Expressway and Subway Line 6 nearby. In particular, further transportation benefits are expected in the future with the planned opening of the GTX-C line and the Dongbuk Line. Additionally, the site will benefit from the development of Jangwi New Town, which will comprise 13,000 households, and the mixed-use development of the Gwangwoon University Station area.

For this project, DL E&C and Hyundai Engineering & Construction have proposed the name 'Bukseoul Centermark' for the complex. The name reflects their intention to establish a regional landmark that embraces nature and leads future growth.

'Bukseoul Centermark' will feature a modern pattern design that reflects the order and balance of the city, with a three-dimensional exterior that harmonizes with the overall landscape of Jangwi New Town. Approximately 74.5% of the total units will be arranged in a four-bay structure to enhance residential satisfaction. The project will also provide a differentiated living environment by including a 1.5-kilometer-long walking trail within the complex, 26 specialized community facilities, a noise reduction system, and a smart construction management solution.

A DL E&C representative stated, "We will create a landmark complex that leads the new future value of Jangwi New Town," adding, "We will also actively pursue the upcoming contract for Hannam 5 District next month and continue to strengthen our bidding activities in major redevelopment areas such as Apgujeong, Seongsu, and Yeouido."

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