POSCO E&C has been selected as the construction company for the remodeling project of the Isu Sin-dong A4 apartment complex in Seoul's Dongjak District, securing a contract worth 5.264 billion won (approximately $4.5 million).
According to the construction industry on October 24, POSCO E&C was chosen as the construction company during a general assembly of the Isu Sin-dong A4 remodeling project association held that afternoon, receiving 504 out of 544 votes (92.6%) in favor. The project will proceed as a negotiated contract since POSCO E&C submitted a sole bid.
The project site is located at 110 Dongjak-daero 29-gil, Dongjak-gu, Seoul. The remodeling will transform the existing eight buildings with 912 units into a new complex featuring six underground floors and 21 above-ground floors, totaling 1,048 units. This represents an increase of 136 units.
POSCO E&C proposed the new complex name 'The Sharp Isu Station El Platz,' combining the Spanish definite article 'El' with the German word for plaza, 'Platz.'
The new development will include amenities such as a fitness club, library, private study rooms, and a golf practice range, along with various community facilities like a botanical garden café and a kids' café for residents.
A representative from POSCO E&C stated, "We will provide the best living space based on our accumulated remodeling expertise and successful cases."
* This article has been translated by AI.
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