A new 10-story block long commercial building going up in Sillim-Dong Seoul is simultaneously being torn down. The builing which lies on an east-west thouroughfare is being constructed by Daewoo Construction. It is being torn down by Hyundai Construction. Daewoo started on the eastern half of the building and are finishing up the western end of the building.
However, the building site was purchased by rival Hyundai which began demolishing the aforementioned eastern side of the building. Hyundai plans to construct a 10 story commercial building on the site. Daewoo officials hinted that they may repurchase the site and rereredevelop it.
Posted by theyangpa
at 10:56 PM JST
