Skip to content

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 Power Station (Units 1, 2)

    • 1986.11

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

    • 1987.04

      Completed Apgujeong Hyundai Apartment Complex development

    • 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
    Hyundai Seorak Condominium

    Pioneering a New Era for the Brand

    Expanding spaces and enhancing our brand value, we have 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 the company name to its Korean name
      (Hyundai Development Company)

    • 1992.10

      Won the Grand Prize in the Residential Category at the 1st Korea Architectural Culture Awards (Bundang Si-beom Complex Hyundai Apt.)

    • 1993.05

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

    • 1994.05

      Completed Samcheonpo Power Station (Units 3, 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

    • 1994.11

      Acquired ISO 9001 Quality Management System Certification

    • 1995.02

      Awarded a Quality Management Award

    • 1996.04

      Selected as an Outstanding Contractor by Korea Expressway Corporation (Seoul 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

      Selected as the Best Apartment at the 2nd Best Place
      to Live Apartment Awards(Busan Haeundae Hyundai Apt.)

    • 1997.07

      Acquired ISO 14001 Environmental Management System 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

      Received the Outstanding Construction Site Award
      for Environmental Management from Korea Expressway Corporation
      (Jungang Expressway Andong–Yeongju Section 5 Site)

    • 1998.10

      Won the Grand Prize at the 7th Korea Architectural Culture Awards
      (Ulsan Hyundai Arts Center)

    • 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

    • 2000.01

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

    • 2001.03

      Launched the apartment brand IPARK

    • 2002.09

      Won the Grand Prize at the 2002 POSCO Steel Structure Awards
      (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 2002 Seoul Metropolitan Government Landscaping Awards (Gangnam Finance Center)

    • 2002.12

      Won First Prize in the Hwaseong Dongtan New Town Design Competition

    • 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
    IPARK Samsungdong

    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
      (IPARK Samsungdong)

    • 2004.07

      Won the Prime Minister's Award at the 8th Best Place to Live Apartment Awards (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

    • 2006.12

      Won the Grand Prize at the 2nd Korea Civil Engineering and Architecture Awards (New Daegu–Busan Expressway)

    • 2007.07

      Won the Prime Minister's Award at the 11th Best Place to Live Apartment Awards (Deokso IPARK)

    • 2007.09

      Won the Encouragement Award at the Seoul Social Welfare Conference (IPARK Volunteer Group)

    • 2007.11

      Won the Minister of Environment’s Award at the 2007 Healthy Housing Awards

    • 2007.12

      Received the Minister of Construction and Transportation’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
      (Masan Bay IPARK Coastal Area Urban Environmental Development Project)

    • 2011.09

      Received the Grand Prize in the Urban Regeneration Project Category at 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.)

    • 2012.07

      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)

    • 2012.12

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

  4. 2013 – 2017

    2013 – 2017 Key Milestones image
    Bukhang I-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

    • 2013.06

      Held the 1st Green Technology Competition

    • 2013.12

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

    • 2014.04

      Completed the Busan Port Bridge

    • 2015.09

      Completed the Gocheok Sky Dome

    • 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

    • 2016.11

      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

    • 2017.07

      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
    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

      Opened Park Roche Resort & Wellness

    • 2018.05

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

    • 2023.12

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

    • 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