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History

Accumulated experience forms the foundation of today
and guides us to the city.

History

Our traces and footsteps,
setting new standards for living as cities transform.

  1. 1976 – 1990

    1976 – 1990 Key Milestones image
    Established Korea Urban Development Co., Ltd.

    The First Step Toward the City

    We built the foundation for South Korea’s urban growth, with a focus on residential and urban development.

    • 1976.03

      Established Korea Urban Development Co., Ltd.

    • 1977.10

      Established Halla Construction Co., Ltd.

    • 1983.08

      Registered as a securities issuer

    • 1984.02

      Completed Samcheonpo Thermal Power Plant Units 1 and 2

    • 1986.11

      Merged Halla Construction Co., Ltd. and Korea Urban Development Co., Ltd. to establish the current IPARK Hyundai Development Co., Ltd.

    • 1987.04

      Completed Apgujeong Hyundai Apartment Complex development
      (14th Hyundai Apartment)

    • 1989.09

      Won First Prize in the Bundang New Town Pilot Complex Design Competition

    • 1990.05

      First in Korea to introduce pre-move-in inspections for residents

  2. 1991 – 2003

    1991 – 2003 Key Milestones image
    Completed and opened Hyundai Seorak Condominium (Current: IPARK Condo)

    Pioneering a New Era for the Brand

    Expanding spaces and enhancing brand value, HDC Hyundai Development Company has set a new standard for urban living.

    • 1991.05

      Established the Research Institute

    • 1991.08

      Completed and opened Hyundai Seorak Condominium
      (Current: IPARK Condo)

    • 1992.10

      Changed company name in Korean
      (Hyundai Development Company)

    • 1992.10

      Won the Grand Prize in the Residential Category
      at the First Korean Architecture Culture Awards

    • 1993.05

      Completed the Yeoju PC Factory
      (Current: HDC Hyundai PCE Co., Ltd.)

    • 1994.05

      Completed Samcheonpo Thermal Power Plant Units 3 and 4

    • 1994.06

      Registered in the stocks over-the-counter market

    • 1994.06

      Established the Customer Satisfaction Center

    • 1994.08

      Held the 1st Student Design Competition for Apartment Housing

    • 1994.08

      CI Change

    • 1994.11

      Received ISO 9001 Certification

    • 1995.02

      Awarded a Quality Management Award

    • 1996.04

      Selected as a Korea Expressway Corporation Outstanding Contractor
      (for the Seoul Outer Ring Expressway Construction
      and Guma Expressway Expansion Project)

    • 1996.10

      Listed on the stock exchange

    • 1997.02

      Changed company name in English
      (Hyundai Industrial Development & Construction Co., Ltd.)

    • 1997.05

      Won Grand Prize at the Maeil Business Newspaper 2nd Best Place
      to Live Apartment Awards
      (Haeundae, Busan – Hyundai Apartment)

    • 1997.07

      Received ISO 14001 Certification

    • 1997.08

      Awarded the IR52 Jang Yeong-sil Award
      (Ultra-High-Strength PC Foundation Method)

    • 1998.02

      Awarded the Korea Institute of Architects Award

    • 1998.06

      Won the Korea Expressway Corporation
      Environmental Management Excellence Award
      (Central Expressway Andong–Yeongju Section 5 Site)

    • 1998.10

      Won at the 7th Korean Architecture Culture Awards
      (Ulsan Hyundai Arts Center)

    • 1999.01

      Established an affiliate, Hyundai Yeoksa Co., Ltd.
      (Current: IPARK Mall Co., Ltd.)

    • 1999.04

      Held an inauguration ceremony for Honorary Chairman Seyoung Chung
      and Chairman Monggyu Chung

    • 1999.08

      Changed company name in English
      (Hyundai Development Company)

    • 1999.08

      Separated from Hyundai Group

    • 1999.09

      Established an affiliate (Current: HDC Icontrols Co., Ltd.)

    • 1999.12

      Established an affiliate (Current: HDC i-Service Co., Ltd.)

    • 2000.01

      Established an affiliate, Hyundai Engineering Plastics Co., Ltd.
      (Current: HDC Hyundai EP Co., Ltd.).

    • 2000.01

      Announced our new CI and corporate slogan, “Think Innovation”

    • 2000.02

      Established an affiliate (Current: IPARK I&Cons Co., Ltd.)

    • 2000.03

      Founded the professional football club Busan Icons
      (Current: IPARK Sports Co., Ltd.).

    • 2000.06

      Established an affiliate I-Investment Trust Management Co., Ltd.
      (Current: HDC Asset Management Co., Ltd.)

    • 2001.03

      Launched the apartment brand IPARK

    • 2002.09

      Won the Grand Prize at the 2002 POSCO Steel Structure Awards
      (I-TOWER, Current: Gangnam Finance Center)

    • 2002.09

      Won the Gold Prize at the Daejeon Metropolitan City Architecture Awards
      (Daejeon World Cup Stadium)

    • 2002.10

      Won the Gold Prize at the Seoul Metropolitan Government Landscaping Awards
      (I-TOWER, Current: Gangnam Finance Center)

    • 2002.12

      Won First Prize in the Hwaseong Dongtan New Town Design Competition

    • 2003.02

      Established an affiliate Busan Icons Co., Ltd.
      (Current: IPARK Sports Co., Ltd.)

    • 2003.10

      Integrated residential and commercial building brands under IPARK

    • 2003.12

      Became first in the industry to adopt the Electronic Construction Performance Certification System

  3. 2004 – 2012

    2004 – 2012 Key Milestones image
    Completed IPARK Tower

    Expanding the City’s Possibilities

    We expanded our business into a wide range of urban sectors, including culture, leisure, and infrastructure.

    • 2004.07

      Became first in Korea to receive eco-friendly building certification
      (Samseong-dong IPARK)

    • 2004.07

      Won the Prime Minister’s Award in the Maeil Business Newspaper 8th Best Living Apartment Award (Deungchon-dong IPARK)

    • 2004.07

      Established the IPARK Community Service Corps

    • 2004.11

      Pioneered the industry’s first cyber-based quality management training system (I’Quality)

    • 2005.02

      Completed IPARK Tower

    • 2005.04

      Opened the Park Hyatt Seoul Hotel

    • 2005.10

      Established the Pony Chung Foundation

    • 2006.05

      Acquired Youngchang Musical Instruments Manufacturing Co., Ltd.
      (Current: IPARK Youngchang Co., Ltd.)

    • 2006.11

      Held the 30th Anniversary Founding Ceremony

    • 2006.12

      Awarded the Minister of Land, Infrastructure and Transport Award at the 2nd Korea Civil Engineering and Architecture Awards
      (New Daegu–Busan Expressway)

    • 2007.03

      Selected as an Excellent Construction Apartment in Gwangju Metropolitan City, 2006 (Gwangju Yongbong IPARK)

    • 2007.07

      Awarded the Prime Minister’s Award at the Maeil Business Newspaper 11th Best Living Apartment Awards (Deokso IPARK)

    • 2007.09

      Awarded an IPARK Volunteer Corps Receives Encouragement Award at the Seoul Social Welfare Conference

    • 2007.11

      Awarded a Minister of Environment Award at the 2007 Healthy Housing Awards

    • 2007.12

      Awarded the Minister of Land, Infrastructure and Transport’s Commendation at the 7th Housing Construction Day

    • 2008.05

      Opened Pony Chung Hall

    • 2008.10

      Won the 2008 Korea Public Design Award in the Residential Environment Design Category (Suwon IPARK CITY)

    • 2010.02

      Awarded the Minister of Land, Infrastructure and Transport Award (Haeundae IPARK)

    • 2010.06

      Received the Republic of Korea Government Silver Tower Order of Industrial Service Merit (Busan New Port Phase 1–2 Channel Dredging Project Site)

    • 2010.10

      Won Grand Prize in the 10th Natural Environment Award Competition from the Ministry of Environment and Korea Environmental Planning and Development Association (Minister of Environment Award, Masan Bay IPARK Coastal Area Urban Environmental Development Project)

    • 2011.09

      Won the 2011 Korea Land and Urban Design Award (Godeok IPARK)

    • 2011.11

      Won a 2011 Construction Quality Management Award from the Korea Construction Quality Association

    • 2011.12

      Relocated our headquarters to Yongsan IPARKMALL

    • 2012.01

      Launched new CI and BI

    • 2012.04

      Received a Prime Minister’s Commendation at the 45th Science Day Commemorative Ceremony (Development of Fire-Resistance Application Technology for High-Rise Building Curtain Walls, etc.)

    • 2012. 04

      Established the Vietnam Branch

    • 2012.07

      Won the Presidential Award at the Korea Economic Daily 16th Best Apartment Awards (Suwon IPARK CITY)

    • 2012.09

      Awarded the Republic of Korea Government Industrial Medal – Bronze Tower (Busan New Port Phase 2-3 Private Investment Project)

    • 2012.10

      Won at the 2012 Korean Architecture Culture Awards (Presidential Award, Haeundae IPARK, Minister of Land, Infrastructure and Transport Award, Daum Space.1)

    • 2012.10

      Awarded the Korea Landscape Architecture Award (Excellence Award, Park & Green Space Category, Masan Bay IPARK)

    • 2012.12

      Awarded 2012 Second Half Hankyung Residential Culture Grand Prize Winner (Grand Prize, Suwon IPARK CITY)

  4. 2013 – 2017

    2013 – 2017 Key Milestones image
    Completed the Busan Port Bridge

    Leaping Forward as a Comprehensive Developer

    By strengthening our capabilities in both landmark and mixed-use development, we have positioned ourselves as a comprehensive developer that shapes the future of cities.

    • 2013.02

      Opened the Park Hyatt Busan Hotel

    • 2013.05

      Established Tongyeong Eco Power Co., Ltd.

    • 2013.06

      Held the 1st Green Technology Competition

    • 2013.11

      Won in the 13th Natural Environment Award Competition (Grand Prize: Uwisangcheon Stream Creation Project for the Suwon Gwonseon District Urban Development Project – Suwon IPARK CITY)

    • 2013.12

      Won a 2013 Korea Marketing Award (Housing Marketing Award, IPARK Hyundai Development Company Masterpiece)

    • 2014.04

      Completed the Busan Port Bridge

    • 2014.05

      Established the South American Branch and won a contract for the Bolivia Vanegas Bridge Construction Project

    • 2015.05

      Established IPARK Shilla Duty Free Co., Ltd.

    • 2015.09

      Completed the Gocheok Sky Dome

    • 2015.09

      Listed iControls Co., Ltd. (Current: HDC LABS Co., Ltd.)

    • 2015.10

      Opened Pony Chung II

    • 2015.10

      Opened the Suwon IPARK Museum of Art (SIMA)

    • 2016.01

      Awarded the Vietnam Hung Ha Bridge Construction Project

    • 2016.03

      Opened Shilla IPARK Duty Free Shop

    • 2016.11

      Selected “Imagine IPARK” for slogan of the apartment brand IPARK

    • 2016.11

      Announced “Belief in a Better Life” as corporate value system and slogan of HDC Group to mark its 40th anniversary

    • 2017.06

      Opened the Suwon IPARK Museum of Art (SIMA) Nahyesuk Gallery

    • 2017.07

      Acquired a business license for HDC Private Rental Housing No. 1 Trust Management Real Estate Investment Company

    • 2017.10

      Completed the Vanegas Bridge in Bolivia

  5. 2018 – Present

    2018 – Present Key Milestones CI design image
    Opened Park Roche Resort & Wellness

    Designing Tomorrow’s Cities

    We are striving to build a sustainable future for people and cities, grounded in ESG principles and forward-looking technology.

    • 2018.02

      Acquired Real Estate 114 Co., Ltd.

    • 2018.02

      Opened Park Roche Resort & Wellness

    • 2018.05

      Divided Hyundai Development Company Co., Ltd. and IPARK Hyundai Development Company Co., Ltd.

    • 2019.02

      Incorporated Seoul-Chuncheon Expressway Co., Ltd. as an affiliate

    • 2019.06

      Acquired Oak Valley Resort and changed corporate name to IPARK Resort Co., Ltd.

    • 2020.12

      Acquired a business license for HDC IPARK REIT No. 2

    • 2021.03

      Renewed the IPARK 20th Anniversary “Premium Life Platform”

    • 2021.05

      Acquired a business license for HDC IPARK No. 1 Trust Management Real Estate Investment Company

    • 2022.05

      Began HDC SAFETY-I ACADEMY Operations

    • 2022.07

      Launched the Construction Innovation Division

    • 2022.10

      Won a Good Design Award in Outstanding Design Selection (Jeonju Taepyeong IPARK)

    • 2023.04

      First to receive building permit in South Korea for vertical extension remodeling on pile foundations (Daechi 1st Hyundai Apartment)

    • 2023.06

      Awarded the Shared Growth Management Award from the Specialty Construction Mutual Aid Association

    • 2023.10

      Acquired ISO 37001 Anti-Bribery Management System Certification

    • 2023.11

      Won Bronze Prize at the Good Design Awards (IPARK Water Objet)

    • 2023.11

      Won Grand Prize at the BIM Awards 2023 (Minister of Land, Infrastructure and Transport Award)

    • 2023.12

      Won Korea Management Grand Prix “Report of the Year” Award

    • 2023.12

      Acquired ISO 37301 Compliance Management System Certification

    • 2023.12

      Acquired ISO 27001 Information Security Management System Certification

    • 2024.07

      Applied for a patent for ultra-high-rise building demolition technology

    • 2024.07

      Won a Good Design Award for Excellence in Design Selection
      (THE H Firstier IPARK)

    • 2024.08

      Became the first construction company to receive the Korea Service Quality Excellence Certification

    • 2024.10

      Achieved an integrated A Rating in ESG evaluation

    • 2024.10

      Began commercial operations at Tongyeong Eco Power Natural Gas Combined-Cycle Power Plant

    • 2024.12

      Won Grand Prize in the ESG Category at the 2024 Korean Management Grand Prix

    • 2024.12

      Awarded the Minister of Trade, Industry and Energy Award by Korea Enterprise Innovation

    • 2024.12

      Obtained an “AA Rating” in the Fair Trade Voluntary Compliance Program

    • 2025.04

      Awarded a Korea Fair Trade Commission Chair’s Commendation Award

    • 2025.07

      Achieved an AAA Rating for Home Network Building Certification (Seodaemun Central IPARK)

    • 2025.11

      Received an “Excellent” rating in the Mutual Growth Index Evaluation

    • 2025.11

      Won the Silver Prize at the 2025 Good Design Awards Korea (Jamsil Raemian IPARK – Park Oasis)

    • 2025.11

      Achieved an integrated A Rating in ESG Evaluations for two consecutive years

    • 2025.12

      Received Community Contribution Certification for three consecutive years

    • 2025.12

      Obtained an “AA” Rating in the Voluntary Fair Trade Compliance Program

    • 2026.03

      Changed company name and CI (IPARK Hyundai Development Company Co., Ltd.)

    • 2026.03

      On the Occasion of Its 50th Anniversary, HDC Group Unveils Its Corporate Value Framework and Slogan: Toward Greater Value, HDC

    • 2026.03

      Awarded the Top Asia Design Prize for “Design of the Year”

    • 2026.04

      Obtained Louver Solar Power Generation System Green Technology Certification