Korea Developer Association Hosts First Developer Awards
Seungbae Kim, Association President: "We Will Continue to Discover Outstanding Cases"
The Korea Developer Association (KODA) presented its inaugural "KODA Developer Awards" in celebration of its 20th anniversary, with "Lake Como Dongtan" by Woomi Construction receiving the Grand Prize.
The association announced on the 26th that it selected and awarded five projects at the 20th anniversary event held on the 20th at the Grand Intercontinental Seoul Parnas in Gangnam-gu, Seoul.
Lake Como Dongtan, which won the Grand Prize, was recognized as a new-concept mixed-use commercial space that goes beyond residential and commercial functions to reflect the local lifestyle. As the largest commercial facility in Dongtan 2 New City, it achieved a 95% occupancy rate within three years of completion. The project received high marks for its "lifestyle park" concept, which leveraged its location near Lake Park, and for its systematic operation and management that contributed to stabilizing the local commercial area.
Seungbae Kim, President of the Korea Developer Association (third from left), is taking a commemorative photo with representatives of award-winning projects by category at the 20th anniversary event held on the 20th at the Grand Intercontinental Seoul Parnas in Gangnam-gu, Seoul. From left: Eunsoo Cho, CEO of Ulsan Complex City Development; Sungwoon Jung, CEO of RBDK; Seungbae Kim, President of the Association; Younghan Bae, CEO of Woomi Construction; Yonggak Kim, CEO of Eunrin Development; and a representative from Samsung C&T Construction Division. Korea Developer Association.
The Excellence Award went to "Hillstate Lapiano Samsong" by RBDK. This project introduced a new type of block-type detached house, combining the independence of a single-family home with apartment-level management. With features such as terraces, attics, and private yards, it was praised for offering an alternative to the apartment-dominated market.
Three projects were selected for the Merit Award. "Ulsan KTX Station Complex Specialized District" by Ulsan Complex City Development was recognized as Ulsan's first public-private urban development project, with Uljugun, Ulsan Urban Corporation, and Hanwha Solutions participating. "Yeongdeungpo Loft City" by Eunrin Development was highlighted as a case where the private sector planned and Seoul Housing & Communities Corporation (SH) acquired an urban regeneration-type rental housing project, raising the quality of public rental housing. "Jongno Hyojedong Development" by Samsung C&T was the first pure developer project to transform an undeveloped site in the city center into a mixed-use business facility.
The judging panel consisted of four experts: Kyungmin Kim, Professor at Seoul National University; Yoonseon Won, Researcher at Erasmus University; Montserrat Pareja-Eastaway, Professor at the University of Barcelona; and Changmin Lee, President of the Public Cooperation Institute.
Seungbae Kim, President of the Association, stated, "The KODA Developer Awards are the first official stage to spotlight the achievements of Korean developers," adding, "We will continue to encourage creative development and discover outstanding cases that illuminate the future of cities and housing, thereby enhancing both the professionalism and public value of the industry." This year, the association officially changed its name from "Korea Real Estate Development Association" to "Korea Developer Association."
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