Kumho Engineering & Construction announced on the 10th that it has been selected as the preferred negotiator for the 'Uiwang Gunpo Ansan Public Housing District A1-1, A1-2, A1-4 block private participation public housing project' ordered by the Korea Land & Housing Corporation (LH).
This is a consecutive selection following the announcement of a 600 billion won project in the Namyangju Wangsuk District on the 8th, allowing Kumho Engineering & Construction to additionally secure the status of preferred negotiator for a large private participation public housing project worth 700 billion won.
Kumho Engineering & Construction will participate as the lead company holding 53% equity in the Uiwang Gunpo Ansan project, collaborating with ISU Construction, BS Hanyang, and Plus General Construction. A total project cost of 724.7 billion won will provide 2,800 units of public housing. The supply types include ▲ A1-1 block (956 units, New: Home standard type) ▲ A1-2 block (963 units, New: Home choice type) ▲ A1-4 block (897 units, New: Home sharing type). The three blocks are scheduled to break ground simultaneously in February 2031, with A1-1 and A1-4 blocks set to be completed in January 2034, and A1-2 block expected to be completed in February 2034.
The A1-1 block, a general sale complex, will enhance product appeal and sale competitiveness, while the A1-2 block, a rental option complex, will implement 'long-lasting house' certification based on strict standards of structural safety, durability, and maintenance. The A1-4 block, a sharing public sale complex, aims to increase consumer satisfaction by providing a high-quality residential environment at reasonable prices.
Kumho Engineering & Construction's new residential brand 'ARTERA' introduced last year will be applied across all complexes, and a large-scale Artera Town is expected to be established in the southwestern Gyeonggi region upon completion.
The Uiwang Gunpo Ansan area is one of the third-phase new towns, being developed into a large self-sufficient new town on approximately 5.98 square kilometers (about 1.81 million pyeong), capable of accommodating 42,000 households and 100,000 residents. It is gaining attention as a key balanced development hub in the southwestern metropolitan area, equipped with transportation, residential, and job functionalities alongside its geographical advantage adjacent to Seoul. Plans include railway transportation and a Bus Rapid Transit (BRT) system, with transfer facilities anticipated to greatly enhance accessibility to Seoul and the metropolitan area.
A representative from Kumho Engineering & Construction noted, "We will reflect Kumho Engineering & Construction's technological capabilities and project management skills as much as possible to present high-quality public housing in the Uiwang Gunpo Ansan area," adding, "This selection as the preferred negotiator allows us to once again prove our competitiveness in the field of private participation public housing projects."