Lotte E&C’s award-winning designs are setting the standard for luxury living. Lotte Castle is by far the most preferred brand in housing .
Renovation
What Is Renovation?
The formal definition of renovation is “the act of expansion, improvement, and major repairing to slow down or reverse the building’s declining value and functionality.” In general, renovation involves “raising the property value by improving the existing building’s esthetic, environmental, or energy-saving features, thereby enhancing the residents’ productivity and comfort.”
Resource Saving
Saves enormous resources put into constructing structures by lengthening the existing building’s life span
Environmentally Friendly
Reduces waste by extending the building’s life span
Economic Stimulus
Stimulates economic activity by expanding the market size to existing buildings
Job Creation
Creates jobs for workers with experience and technical expertise
Major Examples
We are committed to creating the most successful renovation projects yielding the highest value
Lotte Castle Pyungchang Renovation / Olympiad Hotel Pyungchang Renovation
The previously-named Olympiad Hotel located in the upscale neighborhood of Pyungchang-dong was renovated and reborn as a Lotte Castle
Scale : 8 buildings (5-12 stories above ground, 2 underground); 113 units Hotel Main Building : 2nd-12th floors and 2 basement floors underwent interior and exterior structural reinforcement Other Buildings : Five five-story buildings were newly built
Major Past Performance
interview
Korea’s Biggest Apartment Building Project “Lotte Castle Kaiser Hwamyeong” Completed
Interview exhibiting confidence in the company/technology/quality: We just completed the construction project “Lotte Castle Kaiser Hwamyeong” that will accommodate 5,239 families, the biggest in Korea’s history. In the beginning, we set out to do this job because it would be a good opportunity for us to brag about being Korea’s biggest while boosting our corporate reputation in Busan. The experience we gained from this project was enormous, including the drawn-out negotiations with cooperative members and regulatory agencies. We believe the project represents an important foundation upon which to build our future growth.
Project : LH Hwamyeong Renewal Project
Period : March 2009 – June 2012