Hyundai Engineering said on the 23rd it plans to begin sales next month for Hills State Guwol Art Park, to be unveiled by developing the former Lotte Department Store site in Guwol-dong, Namdong-gu, Incheon. Located in the heart of Incheon's old downtown, the project is expected to draw strong interest as a complex signaling the start of redevelopment there.
Hills State Guwol Art Park will comprise four buildings with six basement levels to a maximum 39 stories above ground, exclusively sized at 84 and 101 square meters, for a total of 496 homes. It features a mix of the popular national standard size and the mid- to large-size layouts that have recently gained attention. By type, the counts are: ▲84㎡A 248 homes ▲84㎡B 124 homes ▲101㎡ 124 homes.
As it is being built on the symbolic former Lotte Department Store site in Guwol-dong, Hills State Guwol Art Park stands out for its setting that balances comfort and convenience.
In particular, the complex offers excellent transportation convenience as a transit-area development directly connected to Arts Center Station on Incheon Line 1. At Incheon City Hall Station (transfer station for Incheon Lines 1 and 2), one stop from Arts Center Station, the GTX-B line linking Songdo to Maseok is scheduled to stop, further enhancing access. Once GTX-B opens, using Arts Center Station from the complex will put major parts of central Seoul, including Yeouido and Seoul Station, about 20 to 30 minutes away.
Right in front of the complex is Central Park, about 350,000 square meters, and Seunghak Mountain and Incheon Aettle are nearby, allowing residents to enjoy both city and nature. The area already boasts infrastructure such as Lotte Department Store Incheon, Guwol-dong Rodeo Street, and Gachon University Gil Medical Center, and a large commercial facility of about 6,337 pyeong is planned within the complex, ensuring strong residential convenience.
Hills State Guwol Art Park also carries the symbolism of heralding the beginning of change in Guwol-dong, Incheon's old downtown where development is concentrating. Various favorable development projects planned across Guwol-dong are nearby, and the complex is expected to benefit from the resulting future value.
Large-scale developments are in progress around the project site. Notably, the Incheon Housing & City Development Corporation is pursuing the Guwol i-City project to develop about 2.2 million square meters in Guwol-dong. The plan calls for about 16,000 homes and a population of more than 39,000, and envisions a specialized city for health care with a mixed-use space that combines culture and startups.
A project to redevelop the former Guwol agricultural and fisheries market site into a mixed-use town is also underway, and another project is in progress to link the Incheon Integrated Bus Terminal with Lotte Department Store to create a mixed cultural space where shopping, business, residential, and culture coexist.
The complex will apply a curtain-wall-look specialized exterior to strengthen its landmark symbolism as a signal flare for the revival of Incheon's old downtown. It will also feature a predominantly south-facing layout and a 4-bay slab-type design for all units, and, with cross-ventilation structures (except some units), will enhance daylighting, ventilation, and openness. By type, entries and corridor pantries, powder rooms, and dressing rooms will expand storage and spatial efficiency.
A sales official said, "There is strong anticipation among buyers because this brings together a prime location in Incheon's representative old downtown and a Hills State brand complex that leads the housing market," adding, "We will devote utmost effort to presenting a landmark complex that can serve as the catalyst to accelerate change in Incheon's old downtown."
The model home for Hills State Guwol Art Park will be set up at 1547-1, Guwol-dong, Namdong-gu, Incheon, and is slated to open in April.