HanmiGlobal and Heerim Architects & Planners have been selected as the construction project management (CM/PM) consortium partner for the redevelopment of Eunma Apartment in Daechi-dong, Gangnam, Seoul. Completed in 1979, the complex is regarded as a symbol of reconstruction in the district because of its educational environment and transportation access. The project passed an integrated redevelopment review in February this year and received project implementation plan approval in July, moving into full execution. The existing 14-story complex has 4,424 units, while the redevelopment plan calls for 5,850 units across 29 residential buildings, with six basement levels and 49 floors above ground. Construction is targeted to begin in 2028 after management and disposition plan approval, resident relocation and demolition. The consortium will manage the full pre-construction phase, including independent reviews of construction costs and contract terms before the association signs a final general-contractor agreement. It will also pursue savings through design-phase value engineering and economic feasibility reviews. HanmiGlobal cited cost reductions of about 39 billion won at Yongsan International Building District 4 and about 12 billion won at District 5. The company is also providing CM/PM services on major redevelopment projects in Seoul and Busan.