Gangnam Nonhyeon-dong 4,000large-scale housing redevelopment gains momentum, construction firms begin bidding war
In Nonhyeon-dong, Gangnam-gu, 4,000a city public housing complex project for a housing-scale development is now moving ahead in earnest. Representatives from Samsung C&T and DL E&C attended a case presentation session, and GS Engineering & Construction has also been sounding out interest in winning the contract. The project site is about 190,761square meters and most of the buildings are old.
In Nonhyeon-dong, Gangnam-gu, 4,000as the housing-scale city public housing complex project has picked up speed, major construction firms have entered the bidding war.
The preparation committee held a case presentation session at Samik Art Hall near Hagdong Station on 2026year 6month 28day. About 200landowners attended.
Officials from Samsung C&T’s construction division and DL E&C attended the case presentation session. GS Engineering & Construction is separately reported to have sounded out the preparation committee about its intention to win the contract.
The project site is approximately 190,761 square meters in size. It was described as an area that is difficult to redevelop individually because of steep terrain, irregular blocks, and narrow alleys.
More than 80% of the buildings at the site are old, and the share of semi-basement households is close to half.
The promotion committee announced a plan to redevelop the existing 2,490 households into a large complex of 4,000 households or more.
If this project moves forward, it will become the second-largest among the urban public housing complex projects after the Gangseo area near the Gukhoe-daero corridor, which has 5,973 households.
The project site is a 'quadruple station area' within walking distance of 7 Line Hakdong and Nonhyeon stations and 9 Line Eonju and Nonhyeon stations. It is also accessible via the Sinbundang Line through Nonhyeon Station, and if the Wirye-Gwacheon Line passes through Hakdong and Eonju stations, its transportation conditions could improve further.
The urban public housing complex project is a public-led development model for aging downtown areas that are difficult to redevelop through private-sector projects.
Sources: 뉴시스 경제
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