History
HDC's Growth as a Continuous Journey
HDC has always prioritized direction over scale.
The milestones of growth and transformation accumulated along this journey
have become the standards and direction that define HDC today.
HDC's history is more than a record of the past.
It shows how the decisions and expansions of each era have shaped the HDC of today.
HDC began by building the foundation for its growth through housing and urban development.
HDC expanded its business beyond housing to create spaces where everyday life and culture connect.
HDC expanded into infrastructure—including cities, mobility, and energy—to diversify the pillars of corporate growth.
By integrating technology across development and operations, HDC improved both efficiency and execution across its business structure.
Following the transition to a holding company, HDC strengthened business specialization and established a more streamlined, integrated management framework.
We create long-term sustainable value through eco-friendly materials, energy innovation, and digital platforms.
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1976.03
Korea Urban Development established
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1977.10
Established Halla Construction Co., Ltd.
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1986.11
Halla Construction merged with Korea Urban Development; company renamed Hyundai Development Company
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1987.04
Completed the Apgujeong Hyundai Apartment Complex development
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1991.08
Began operation of Hyundai Seorak Condominium (now IPARK Condominium)
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1993.05
Completed the Yeoju PC Plant (now Hyundai PCE Co., Ltd.)
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1994.11
Completed the Petrochemical Plant (now HDC Hyundai EP Co., Ltd.)
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1996.10
Listed on the Korea Stock Exchange
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1998.06
Launched the Petrochemical Business Division (now HDC Hyundai EP Co., Ltd.)
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1999.01
Established Hyundai Yeoksa Co., Ltd. (now HDC IPARK Mall Co., Ltd.)
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1999.04
Chung Se-yung appointed Honorary Chairman; Chung Mong-gyu appointed Chairman
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1999.08
Separated from Hyundai Group
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1999.09
Acquired the IBS Business Division of Hyundai Information Technology Co., Ltd.; established I-Controls Co., Ltd. (now HDC I-Controls Co., Ltd.)
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2000.01
Established Hyundai Engineering Plastics Co., Ltd. (now HDC Hyundai EP Co., Ltd.)
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2000.02
Established I&Cons Co., Ltd. (now HDC I&Cons Co., Ltd.)
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2000.02
Acquired Busan Daewoo Royals Football Club; founded Busan Icons Co., Ltd. (now HDC Sports Co., Ltd.)
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2000.06
Established I Investment Trust Management Co., Ltd. (now HDC Asset Management Co., Ltd.)
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2001.03
IPARK brand launched
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2004.10
Hyundai Yeoksa Co., Ltd. (now HDC IPARK Mall Co., Ltd.) opened Space 9
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2005.02
Completed IPARK Tower
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2005.02
Hotel IPARK established
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2005.04
Opened Park Hyatt Seoul
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2005.10
Established Pony Chung Foundation
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2006.01
New Daegu Busan Expressway opened
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2006.05
Acquired Young Chang Musical Instruments Manufacturing Co., Ltd. (now HDC Young Chang Co., Ltd.)
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2006.07
Bukhang I-Bridge established
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2006.08
Hyundai Engineering Plastics Co., Ltd. renamed Hyundai EP Co., Ltd. (now HDC Hyundai EP Co., Ltd.)
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2006.08
Hyundai IPARK Mall Co., Ltd. (now HDC IPARK Mall Co., Ltd.) opened IPARK Department Store
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2008.05
Opened Pony Chung Hall
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2009.07
Seoul Chuncheon Highway opened
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2013.02
Opened Park Hyatt Busan
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2013.05
Tongyeong Eco Power established
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2014.04
Bukhang I-Bridge Co., Ltd. opened Busan Harbor Bridge
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2014.05
Hyundai PCE established
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2015.05
Established HDC Shilla Duty Free Ltd.
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2015.09
I-Controls Co., Ltd. listed (now HDC LABS Co., Ltd.)
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2016.06
HDC Shilla Duty Free Ltd. opened Shilla IPARK Duty Free
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2016.11
Marked 40th anniversary; announced the HDC Group's corporate value system and the slogan "Belief in a Better Life"
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2018.02
Real Estate 114 acquired
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2018.02
Opened Park Roche Resort & Wellness
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2018.05
Hyundai Development Company split into HDC and HDC Hyundai Development Company
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2019.06
Acquired Oak Valley Resort and renamed the operating company HDC Resort Co., Ltd.
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2021.12
Launched HDC LABS Co., Ltd. (HDC I-Controls Co., Ltd. and HDC I-Service Co., Ltd. merged)
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2022.09
HDC Resort opened Seongmunan CC, a premium public golf course
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2022.10
HDC Hyundai EP obtained Korea's first global eco-friendly 'ISCC PLUS' certification
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2022.11
HDC I&Cons received the Minister of Environment Award at the '2022 Carbon Neutral & Green Management Awards'
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2023.01
CJ HDC Biosol (a joint venture between HDC Hyundai EP and CJ CheilJedang) completed an eco-friendly biodegradable materials compounding plant
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2023.11
Tongyeong Eco Power held its first LNG carrier arrival ceremony
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2024.02
HDC LABS launched "Insite," an integrated building management platform
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2024.08
HDC Hyundai Development Company became the first construction firm to receive the Korea Service Quality Excellence Certification
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2024.10
Tongyeong Eco Power's combined-cycle gas turbine (CCGT) power plant began commercial operations
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2024.12
HDC Hyundai Development Company received the Grand Prize in the ESG category at the 2024 Korea Management Awards
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2025.03
HDC Hyundai EP completed its third plant in India
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2025.04
HDC LABS acquired Real Estate 114's brokerage platform and real estate data business division.
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2025.04
Merger with Real Estate 114 completed