Namkwang & Kukdong Secure Incheon Apartment Project, First Win Under Unified 'Housstory' Brand

A consortium of Namkwang Engineering & Construction and Kukdong Engineering & Construction has secured the construction rights for the Incheon Dong-A Apartment 'garo-ju택' (street housing) redevelopment project. This achievement is significant as it is the first project won since the two companies integrated their housing brands under the unified name 'Housstory'.

The selection was confirmed on April 17 during a general meeting of the Incheon Dong-A Apartment LH Participation Type Garo-ju택 Redevelopment Association. Out of 360 participating 조합원 (members), 326 voted in favor of the consortium, resulting in a 90.5% approval rate among voters. The project aims to build a complex with a maximum of 39 floors and 994 units across six buildings in Yonghyeon-dong, Michuhol-gu, Incheon.

This redevelopment will proceed as a 'garo-ju택' project with the Korea Land & Housing Corporation (LH) participating as a co-executor. LH's involvement is expected to enhance project stability through support in management and funding. The consortium plans to apply their recently unveiled residential platform, 'The K-House,' which features flexible interior designs and integrated living services, to cater to evolving family needs and lifestyles.

Kukdong Engineering & Construction stated that this win, following the Housstory brand unification and The K-House unveiling, strengthens their position in the Seoul metropolitan area's redevelopment market. They aim to further expand their reach by developing housing products and services that meet the practical needs of residents.

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This is the first redevelopment project win since the Housstory brand was reorganized and The K-House was unveiled. We will solidify our foundation for securing redevelopment projects in the Seoul metropolitan area by concretizing residential products and services needed by actual residents.