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Samsung C&T partners with US firm SMDP for Mokdong reconstruction
Major South Korean construction companies are intensifying competition for reconstruction projects in the Mokdong area of Seoul. Samsung C&T has announced a collaboration with the US-based architectural firm SMDP to bid for the Mokdong Complex 13 reconstruction project. The project aims to replace 2,280 existing units with 3,852 new units across buildings up to 49 stories high, with an estimated construction cost of approximately 2.3763 trillion KRW.
Other industry players are also active in the region. Daewoo E&C is partnering with US firm STOSS for the Sinwol Si-young Apartment reconstruction, proposing a landscape concept featuring eight themed gardens. Additionally, GS Engineering & Construction is launching subscriptions for the Mokdong Yunseul Xi residential complex, while POSCO E&C is introducing its 'The Sharp' brand to Yeoju, Gyeonggi Province.
The broader Mokdong reconstruction initiative, which encompasses 14 complexes, is expected to transform the area into a residential hub of approximately 47,000 units, with a total estimated project value of 30 trillion KRW.
Entities
Daewoo E&C · GS Engineering & Construction · POSCO E&C · SMDP · Samsung C&T
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] The estimated construction cost for the Mokdong Complex 13 project is approximately 2.3763 trillion KRW. sateconomy.co.kr · www.techholic.co.kr · biz.heraldcorp.com
- [● 3 SOURCES] Samsung C&T is collaborating with US architecture firm SMDP to win the Mokdong Complex 13 reconstruction project. sateconomy.co.kr · www.techholic.co.kr · biz.heraldcorp.com
- [● 3 SOURCES] The Mokdong Complex 13 reconstruction project involves replacing 2,280 existing units with 3,852 units. sateconomy.co.kr · www.techholic.co.kr · biz.heraldcorp.com
- [○ 1 SOURCE] POSCO E&C is supplying its first 'The Sharp' brand complex in Yeoju, Gyeonggi Province. sateconomy.co.kr
- [○ 1 SOURCE] Daewoo E&C is partnering with US landscape and urban design firm STOSS for the Sinwol Si-young Apartment reconstruction. sateconomy.co.kr
- [○ 1 SOURCE] The total estimated business cost for the Mokdong reconstruction area is approximately 30 trillion KRW. biz.heraldcorp.com
- [● 3 SOURCES] The proposed Mokdong Complex 13 buildings will reach a maximum height of 49 floors. sateconomy.co.kr · www.techholic.co.kr · biz.heraldcorp.com
- [○ 1 SOURCE] GS Engineering & Construction is proceeding with subscriptions for the Mokdong Yunseul Xi residential officetel. sateconomy.co.kr