History
Our traces and footsteps,setting new standards for living as cities transform.
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1976 – 1990
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.
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1976.03
Established Korea Urban Development Co., Ltd.
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1977.10
Established Halla Construction Co., Ltd.
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1983.08
Registered as a securities issuer
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1984.02
Completed Samcheonpo Power Station (Units 1, 2)
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1986.11
Merged Korea Urban Development Co., Ltd. and Halla Construction Co., Ltd. to establish the current IPARK Hyundai Development Co., Ltd.
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1987.04
Completed Apgujeong Hyundai Apartment Complex development
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1989.09
Won First Prize in the Bundang New Town Pilot Complex Design Competition
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1990.05
First in Korea to introduce pre-move-in inspections for residents
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1991 – 2003
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.
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1991.05
Established the Research Institute
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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.)
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1993.05
Completed the Yeoju PC Factory
(Current: HDC Hyundai PCE Co., Ltd.) -
1994.05
Completed Samcheonpo Power Station (Units 3, 4)
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1994.06
Registered in the stocks over-the-counter market
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1994.06
Established the Customer Satisfaction Center
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1994.08
Held the 1st Student Design Competition for Apartment Housing
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1994.11
Acquired ISO 9001 Quality Management System Certification
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1995.02
Awarded a Quality Management Award
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1996.04
Selected as an Outstanding Contractor by Korea Expressway Corporation (Seoul Ring Expressway Construction and Guma Expressway Expansion Project)
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1996.10
Listed on the stock exchange
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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
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1997.08
Awarded the IR52 Jang Yeong-sil Award
(Ultra-High-Strength PC Foundation Method) -
1998.02
Awarded the Korea Institute of Architects Award
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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
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2000.01
Announced our new CI and corporate slogan, “Think Innovation”
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2001.03
Launched the apartment brand IPARK
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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)
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2002.12
Won First Prize in the Hwaseong Dongtan New Town Design Competition
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2003.10
Integrated residential and commercial building brands under IPARK
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2003.12
Became first in the industry to adopt the Electronic Construction Performance Certification System
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2004 – 2012
IPARK Samsungdong Expanding the City’s Possibilities
We expanded our business into a wide range of urban sectors, including culture, leisure, and infrastructure.
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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)
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2004.07
Established the IPARK Community Service Corps
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2004.11
Pioneered the industry’s first cyber-based quality management training system (I’Quality)
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2005.02
Completed IPARK Tower
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2005.04
Opened the Park Hyatt Seoul Hotel
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2006.12
Won the Grand Prize at the 2nd Korea Civil Engineering and Architecture Awards (New Daegu–Busan Expressway)
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2007.07
Won the Prime Minister's Award at the 11th Best Place to Live Apartment Awards (Deokso IPARK)
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2007.09
Won the Encouragement Award at the Seoul Social Welfare Conference (IPARK Volunteer Group)
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2007.11
Won the Minister of Environment’s Award at the 2007 Healthy Housing Awards
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2007.12
Received the Minister of Construction and Transportation’s Commendation at the 7th Housing Construction Day
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2008.05
Opened Pony Chung Hall
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2008.10
Won the 2008 Korea Public Design Award in the Residential Environment Design Category (Suwon IPARK CITY)
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2010.02
Awarded the Minister of Land, Infrastructure and Transport Award (Haeundae IPARK)
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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)
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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)
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2011.11
Won a 2011 Construction Quality Management Award from the Korea Construction Quality Association
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2011.12
Relocated our headquarters to Yongsan IPARKMALL
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2012.01
Launched new CI and BI
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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.)
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2012.07
Won the Presidential Award at the Korea Economic Daily 16th Best Apartment Awards (Suwon IPARK CITY)
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2012.09
Awarded the Republic of Korea Government Industrial Medal – Bronze Tower (Busan New Port Phase 2-3 Private Investment Project)
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2012.10
Won at the 2012 Korean Architecture Culture Awards (Presidential Award, Haeundae IPARK, Minister of Land, Infrastructure and Transport Award, Daum Space.1)
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2012.12
Awarded 2012 Second Half Hankyung Residential Culture Grand Prize Winner (Grand Prize, Suwon IPARK CITY)
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2013 – 2017
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.
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2013.02
Opened the Park Hyatt Busan Hotel
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2013.06
Held the 1st Green Technology Competition
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2013.12
Won a 2013 Korea Marketing Award (Housing Marketing Award, IPARK Hyundai Development Company Masterpiece)
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2014.04
Completed the Busan Port Bridge
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2015.09
Completed the Gocheok Sky Dome
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2015.10
Opened Pony Chung II
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2015.10
Opened the Suwon IPARK Museum of Art (SIMA)
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2016.01
Awarded the Vietnam Hung Ha Bridge Construction Project
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2016.11
Selected “Imagine IPARK” for slogan of the apartment brand IPARK
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2016.11
Announced “Belief in a Better Life” as corporate value system and slogan of HDC Group to mark its 40th anniversary
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2017.07
Acquired a business license for HDC Private Rental Housing No. 1 Trust Management Real Estate Investment Company
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2017.10
Completed the Vanegas Bridge in Bolivia
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2018 – Present
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.
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2018.02
Opened Park Roche Resort & Wellness
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2018.05
Divided Hyundai Development Company Co., Ltd. and IPARK Hyundai Development Company Co., Ltd.
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2020.12
Acquired a business license for HDC IPARK REIT No. 2
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2021.03
Renewed the IPARK 20th Anniversary “Premium Life Platform”
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2021.05
Acquired a business license for HDC IPARK No. 1 Trust Management Real Estate Investment Company
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2022.05
Began HDC SAFETY-I ACADEMY Operations
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2022.07
Launched the Construction Innovation Division
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2022.10
Won a Good Design Award in Outstanding Design Selection (Jeonju Taepyeong IPARK)
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2023.04
First to receive building permit in South Korea for vertical extension remodeling on pile foundations (Daechi 1st Hyundai Apartment)
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2023.06
Awarded the Shared Growth Management Award from the Specialty Construction Mutual Aid Association
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2023.10
Acquired ISO 37001 Anti-Bribery Management System Certification
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2023.11
Won Grand Prize at the BIM Awards 2023 (Minister of Land, Infrastructure and Transport Award)
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2023.12
Won Korea Management Grand Prix “Report of the Year” Award
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2023.12
Acquired ISO 37301 Compliance Management System Certification
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2023.12
Acquired ISO 27001 Information Security Management System Certification
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2023.12
Obtained an “AA Rating” in the Fair Trade Voluntary Compliance Program
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2024.07
Applied for a patent for ultra-high-rise building demolition technology
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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
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2024.10
Achieved an integrated A Rating in ESG evaluation
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2024.10
Began commercial operations at Tongyeong Eco Power Natural Gas Combined-Cycle Power Plant
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2024.12
Won Grand Prize in the ESG Category at the 2024 Korean Management Grand Prix
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2024.12
Awarded the Minister of Trade, Industry and Energy Award by Korea Enterprise Innovation
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2024.12
Obtained an “AA Rating” in the Fair Trade Voluntary Compliance Program
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2025.04
Awarded a Korea Fair Trade Commission Chair’s Commendation Award
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2025.07
Achieved an AAA Rating for Home Network Building Certification (Seodaemun Central IPARK)
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2025.11
Received an “Excellent” rating in the Mutual Growth Index Evaluation
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2025.11
Won the Silver Prize at the 2025 Good Design Awards Korea (Jamsil Raemian IPARK – Park Oasis)
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2025.11
Achieved an integrated A Rating in ESG Evaluations for two consecutive years
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2025.12
Received Community Contribution Certification for three consecutive years
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2025.12
Obtained an “AA” Rating in the Voluntary Fair Trade Compliance Program
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2026.03
Changed company name and CI (IPARK Hyundai Development Company Co., Ltd.)
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2026.03
On the Occasion of Its 50th Anniversary, HDC Group Unveils Its Corporate Value Framework and Slogan: Toward Greater Value, HDC
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2026.03
Awarded the Top Asia Design Prize for “Design of the Year”
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2026.04
Obtained Louver Solar Power Generation System Green Technology Certification
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