POSCO E&C Wins 526.4 Billion Won Isu Shindong-A 4 Complex Remodeling Project

Households to increase from 912 to 1,048... Contractor selected with 92.6% approval

POSCO E&C has won the remodeling project for the Isu Shindong-A 4 Complex apartment complex in Dongjak-gu, Seoul. The project is valued at 526.4 billion won.

According to the construction industry on October 24, POSCO E&C was finally selected as the contractor at a general meeting of the Isu Shindong-A 4 Complex remodeling project association held that day. It received 504 votes in favor out of 544, for an approval rate of 92.6%.

The project will proceed as a private contract after POSCO E&C was the only company to submit a bid.

The project site is located around 110 Dongjak-daero 29-gil, Dongjak-gu, Seoul. The remodeling plan will transform the existing apartment complex, with eight buildings and 912 households, into a complex with eight buildings, 21 floors above ground and six basement levels, and 1,048 households. The number of households will increase by 136.

POSCO E&C proposed “The Sharp Isu Station El Platz” as the new name for the complex. The name combines the Spanish definite article “El” with “Platz,” the German word for a plaza.

The complex is set to include a range of resident amenities, such as a fitness club, library, private reading rooms, golf practice range, botanical garden cafe and kids' cafe.

A POSCO E&C official said, “We will provide the best residential spaces by drawing on our accumulated remodeling expertise and successful track record.”

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