Uijeongbu City and Yangwoo Construction Sign Third 'Apartment 3No Innovation' Agreement, Launching Full-Scale 'Residential Innovation'

Uijeongbu City to Transform Its Skyline with 49-Story Towers
1,252-Unit Landmark to Be Completed by 2030
Boosting Project Credibility and Anticipating a Residential Revolution

Uijeongbu City in Gyeonggi Province signed its third win-win agreement with Yangwoo Construction Co., Ltd. on the 6th to enhance the effectiveness of the 'Apartment 3No (None) Innovation 10 Major Projects,' marking the full-scale launch of its initiatives to build a foundation for mutual growth within the local construction industry and revitalize the regional economy. Notably, the agreement ceremony was attended in person by CEO Ko Mooncheol of Yangwoo Construction Co., Ltd., who expressed his strong commitment to cooperation with the city, thereby boosting credibility in the project's implementation.

Kim Donggeun, Mayor of Uijeongbu (left), is signing the third win-win agreement with Yangwoo Construction Co., Ltd. on the 6th to enhance the effectiveness of the ‘Apartment 3-No (Without) Innovation 10 Major Projects’. Provided by Uijeongbu City

Establishing a Win-win Cooperation Model to Revitalize the Local Economy

This agreement targets a large-scale apartment complex construction project currently underway in the 424 Uijeongbu-dong area. The main points of the agreement include: ▲ expanding participation by local companies ▲ increasing the use of local resources ▲ ensuring project safety ▲ and strengthening win-win cooperation. Based on these principles, the city and the construction company have agreed to establish a sustainable foundation for shared growth between the local construction industry and the community.

Through this agreement, the city plans to inject new vitality into the stagnant local construction market, lead practical co-growth with local companies, and take the lead in revitalizing the regional economy.

New Residential Landmark in Uijeongbu Targeted for Completion in 2030

The project is being implemented as a regional housing cooperative and consists of 987 members. After receiving approval for cooperative establishment in 2019 and project implementation in 2023, the construction start notification was completed in 2025, and the project has entered full-scale development this year.

The complex will comprise five buildings, ranging from six basement levels to 49 floors above ground, and is planned as a large-scale residential community with 1,252 apartment units and 48 officetels.

With completion targeted for 2030, the project is expected to become a landmark that will radically improve the residential environment in downtown Uijeongbu.

An official from Uijeongbu City stated, "This third win-win agreement will serve as a precedent for shared growth between the local community and construction companies, going beyond a simple construction project. In particular, we aim to renovate the aging environment near Uijeongbu Station, where the GTX-C line will be established, and provide a high-quality residential environment that instills civic pride through the creation of a super high-rise landmark."

Meanwhile, Uijeongbu City's 'Apartment 3No (None) Innovation 10 Major Projects' initiative is aimed at enhancing safety and quality at construction sites and promoting regional cooperation. The city plans to continue expanding the scope of such agreements to major construction sites throughout the city in the future.

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