Kumho E&C said on the 23rd that it won the contract for the Public Procurement Service's Kangwon Land "Grand Hotel and Mountain Condo environmental improvement construction." The project is a large-scale facility upgrade targeting signature accommodations at High1 Resort in Jeongseon County, Gangwon Province.
The work will improve facilities at ▲ one 24-story Grand Hotel main tower above ground (total floor area 26,658㎡) ▲ five six-story Mountain Condo buildings above ground (total floor area 66,890㎡). The two facilities, which opened in the 2000s, now require a full environmental upgrade due to aging from long-term operation and rising demand for better user convenience.
The total project cost is 103.5 billion won. Kumho E&C will participate as the lead company in the consortium with 90% equity (93.1 billion won). The construction period is 711 days from the start date.
This project is an environmental improvement of a remodeling nature, focusing on insulation, sound absorption, and waterproofing enhancements, along with installing wheelchair lifts and ramps to improve accessibility for people with disabilities. It will also repair windows, doors, and ceilings in the guest rooms, and for the hotel, change the rooftop design to improve both appearance and function. This remodeling goes beyond simple repairs and aims for a comprehensive renewal that elevates the user experience.
In particular, the work will proceed while casino operations continue. Because the casino is located inside the Grand Hotel and remains in operation, the company plans to implement a work schedule that prioritizes safety and convenience, including strict noise and vibration control and separating the movement routes of guests and construction personnel.
The order is expected to serve as a springboard for Kumho E&C to enter the hotel and resort remodeling market in earnest. If the Grand Hotel and Mountain Condo are successfully upgraded, it is expected to provide a foothold for Kumho E&C to expand its business into remodeling large resorts and tourist facilities going forward. In a market where demand for renewing tourism and leisure infrastructure is rising, the outcome carries significant meaning for portfolio diversification, the company said.
A Kumho E&C official said, "Because the work is being carried out at an operating facility, we will strictly manage processes and quality to ensure guest safety and avoid disrupting operations," adding, "Based on our accumulated maintenance capabilities and construction experience, we will deliver a highly complete remodeling outcome."