DistantNews
Support us
🇰🇷 South Korea /Energy & Infrastructure

Koramco to develop mixed-use complex with up to 40 floors and 590 homes near Government Complex Gwacheon Station

From Chosun Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement New plan
  • Koramco Asset Trust will participate as the developer of an urban mixed-use project near Government Complex Gwacheon Station in Gwacheon, Gyeonggi Province.
  • The planned complex will include about 590 homes and commercial facilities in a building ranging from six underground levels to 40 above-ground floors.
  • The 12,415-square-meter site will have an estimated total floor area of 156,300 square meters.

Koramco Asset Trust is joining the Government Complex Gwacheon Station District 1 urban mixed-use development project as its developer.

The project site covers 12,415 square meters in Byeolyang-dong, Gwacheon, Gyeonggi Province, next to Government Complex Gwacheon Station on Seoul Subway Line 4.

Under the plan, the site will be transformed into a mixed-use complex with about 590 homes and commercial facilities. The development will extend from six underground levels to 40 floors above ground, with an estimated total floor area of about 156,300 square meters.

About this summary

Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

More Stories

From Our Blog