Hyundai Development Company Secures \256.6 Billion Contract for I-Park Gosodong in Gangneung

- On the 16th, a construction contract was signed for the new I-Park Gosodong project in Gangneung.

- The project spans from the 2nd basement floor to the 17th above ground floor, with a total of 794 units ranging from 75 to 142 square meters in size.

On the 16th, Hyundai Development Company secured a construction contract for I-Park Gosodong in Gangneung.

I-Park Gosodong in Gangneung is a contracted construction project with a total project cost of KRW 256.6 billion. It will be located at 244-2 Gosodong, Gangneung City, and will consist of 15 buildings spanning from the 2nd basement floor to the 17th above ground floor, totaling 794 units. Among these, the highly preferred 84㎡ units make up more than 70% of the project with 566 units. There are also 133 units of 75㎡, 83 units of 116㎡, and 6 units each of 100㎡ (PH) and 142㎡ (PH), which are designed as penthouses.

I-Park Gosodong in Gangneung offers a view of the ocean. Its design maximizes the ocean view along the East Sea coast, allowing residents to enjoy the relaxation of Gangneung's sea in their everyday lives. Additionally, it embraces exceptional natural landscapes such as Gangneung Songjeong Beach and Anmok Beach, and its proximity to Gangneung's café street allows residents to enjoy a coastal lifestyle on foot.

Located in the rising residential area of Songjeong and Gosodong in Gangneung, I-Park Gosodong enjoys convenient access to National Route 65 and National Route 7, providing easy transportation to Gangneung's city center. Furthermore, Gangneung Station is located within 4 km, ensuring excellent accessibility to Seoul through the KTX high-speed train. Various daily life facilities such as E-Mart and Homeplus are within 5 km, and Gangneung Dongin Hospital provides medical services in the vicinity.

An official from Hyundai Development Company stated, "We will develop I-Park Gosodong in Gangneung as a representative apartment complex in the region, combining coastal infrastructure and residential convenience." They also mentioned, "I-Park Gosodong in Gangneung is scheduled for pre-sale in the second half of this year, which is expected to positively impact Hyundai Development Company's sales and financial stability through swift and stable project execution." They added, "We will enhance our construction competitiveness along with the strengths in housing development, thus increasing our competitiveness in securing contracts."