DL E&C effectively secures Seongsu 2nd District redevelopment rights with 2.0137 trillion-won bid

  • DL E&C effectively secured construction rights after becoming preferred bidder for Seongsu 2nd District.
  • The planned complex covers 11 buildings and 2,381 households at 2.0137 trillion won.
  • The association plans to select the construction company at a November 21 general meeting.

DL E&C has effectively secured construction rights for the Seongsu Strategic Maintenance Zone 2nd District Housing Maintenance-Type Redevelopment Project in Seoul’s Seongdong-gu after submitting a negotiated-contract bid on the 1st and becoming the preferred bidder. The association plans to review the proposal and hold a general meeting on November 21 to select the contractor. The redevelopment would create a complex with six underground levels, up to 65 above-ground floors, 11 buildings and 2,381 households, at a project cost of 2.0137 trillion Korean won. DL E&C proposed the name ACRO SEONGSU and plans to combine international structural, architectural, interior, landscape and lighting specialists with river views for every household, a panoramic sky lounge and household-specific private studios.

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DL E&C effectively secures Seongsu 2nd District redevelopment rights with 2.0137 trillion-won bid - CoinPost Terminal