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HL D&I Halla

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uuid000mk7o

Namestring
HL D&I Halla
Legal namestring
Halla Corporation
Websiteurl
hldni.com
Company typeenum
Private
Founded yearint
1980
Descriptiontext

HL D&I Halla is a South Korea-based construction and real-estate development company operating as a subsidiary of the HL Group conglomerate (한라그룹), headquartered in Seoul (Songpa-gu). Founded in 1980 and rebranded to its current name in 2022 to signal a strategic pivot toward ICT, IoT, and AI-integrated construction, the company runs five business segments: civil engineering, building construction, residential housing under the EFETE (에피트) premium apartment brand, plant and environmental construction, and overseas projects. Its customer base spans public-sector infrastructure clients, commercial developers such as Hyundai, and middle-to-upper-income Korean apartment buyers.

The company's core technology stack combines conventional large-scale construction capabilities with proprietary smart-building and robotics IP. Flagship technology products include HL AI House — an integrated smart-living ecosystem on the touchHL AI platform featuring an AI Smart Mirror, 10-second ultra-fast heat exchanger, ZEB-based AI lighting, and the HL AI Hood air-quality-driven ventilation system — and HL DivotFiX, described as the world's first AI autonomous robot for golf-course fairway divot repair using AI, LiDAR, and vision-based sensors. Certifications include ISO 9001, ISO 14001, OHSAS 18001, and TCFD supporter status; the company holds a 2-year consecutive ESG A+ rating from KCGS and a CDP carbon/water double award.

Revenue is generated through two primary streams: one-time-sale residential apartment complexes under the EFETE brand, sold via direct sales teams and the brand website, and project-based construction contracts for civil, building, plant/environmental, and overseas work, secured through competitive tendering. Pricing is not publicly disclosed. As of early 2026 the order backlog stood at an all-time high of 6.2 trillion KRW, including a single 453.1 billion KRW The Hyundai Busan contract won in November 2025. The company supplements project revenue with hybrid capital instruments (800 billion KRW issued September 2025) and pursues M&A and partnerships — including the October 2024 acquisition of Stanley Robotics and a May 2024 residential partnership with Schindler Group — to extend into autonomous systems and premium residential vertical integration.

Short descriptiontext

HL D&I Halla is a South Korean construction and real-estate developer (HL Group subsidiary) operating civil engineering, building, plant, overseas, and premium EFETE apartment segments, with growing AI-integrated smart-home and robotics product lines.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersSeoul, South Korea
HQ citystring
Seoul
HQ countrystring
South Korea
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
civil engineering construction, residential development, building construction services, smart home technology, plant construction
NAICS code3 codes
  • New Housing For-Sale Builders236117
  • Residential Building Construction2361
  • Commercial and Institutional Building Construction236220
SIC code1 code
  • General Bldg Contractors - Residential Bldgs1520
Product category
Construction and Real Estate Development
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Residential Complex Sales (Efete Brand)
TypeOne Time License
Description

Development and sale of premium apartment complexes under the Efete brand in Korea, targeting end-use home buyers and investors.

hldni.com
2Construction Contracts
TypeOne Time License
Description

Civil engineering, building construction, plant/environmental construction, and overseas construction projects undertaken on a project-contract basis.

hldni.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B and B2C
B2B and B2C
Offering typeServices
Services
Brand1 record
1EFETE (에피트)
Description

Premium apartment brand by HL D&I Halla featuring modern residential complexes with smart home technologies and innovative living spaces.

hldni.com
Core offering1 text field

HL D&I Halla is a South Korean construction and real estate development company that executes civil engineering, building construction, plant/environmental, and overseas construction projects, and develops premium residential apartment complexes under its EFETE brand. The company has expanded into AI-integrated smart home technologies through proprietary systems including HL AI House, HL AI Hood, and the DivotFiX autonomous golf course robot, showcased at CES 2026.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 2 values shown
  • Order backlog reached all-time high of 6.2 trillion KRW
+1 more record
Product overview1 text field

HL D&I Halla is a construction and development company offering civil engineering, building construction, residential housing (EFETE brand), plant/environmental, and overseas business services. The company has expanded into AI-powered smart technologies including the touchHL AI platform ecosystem featuring HL AI House for integrated smart living, HL AI Hood for smart kitchen ventilation, and HL DivotFiX autonomous golf course maintenance robots.

Product and service8 records
1Civil Engineering Construction
CategoryCivil Engineering Construction
Description

Civil engineering and infrastructure construction services including roads, bridges, and public works, pursued through competitive tendering for public and private sector clients in Korea.

2Building Construction
CategoryBuilding Construction
Description

General building construction services for commercial, public, and mixed-use facilities, executed through direct business development and competitive bidding.

3EFETE Premium Residential Apartments
CategoryResidential Housing Development
Description

Premium apartment brand by HL D&I Halla featuring modern residential complexes with smart home technologies and innovative living spaces, targeting middle to upper-income home buyers in Korea. Examples include Cheongju Wolmyeong Park Efete (874 units, 8 buildings).

4Plant and Environmental Construction
CategoryPlant and Environmental Engineering
Description

Plant and environmental engineering construction services for industrial facilities and environmental projects, including coastal area maintenance.

5Overseas Construction
CategoryOverseas Construction Services
Description

Construction project execution outside of South Korea, forming one of the five core business segments of HL D&I Halla.

6HL AI House
CategorySmart Home Platform
Description

Integrated AI-based ecosystem for smart living featuring AI Smart Mirror, ultra-fast heat exchanger (10 seconds hot water), ZEB-based AI lighting, and HL AI Hood, all controlled through the touchHL AI platform for residential customers.

7HL AI Hood
CategorySmart Kitchen Appliance
Description

Next-generation kitchen ventilation system with real-time indoor air quality monitoring (PM, CO2, temperature, humidity), automatically adjusting operation based on air conditions and integrating with home ventilation systems.

8HL DivotFiX
CategoryAutonomous Robotics
Description

World's first AI autonomous robot for golf course fairway divot repair, using AI, LiDAR, and image-based sensors to detect divot damage, calculate optimal repair paths, and restore divots safely without human intervention.

Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2024-05-01
Description

Schindler Group, a global elevator and escalator manufacturer, formed a residential partnership with HL D&I Halla in May 2024. The partnership is focused on the residential segment, likely involving the installation of Schindler elevator systems in HL D&I Halla's residential complexes.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Largest Korean general contractor and apartment developer; directly comparable as a diversified construction and residential brand operator competing for both private residential and large commercial/civil contracts in Korea.

TypeDirect peer
Description

Major Korean construction company with a premium apartment brand (Xi/The Sharp) and significant civil/plant business; highly comparable business mix to HL D&I Halla including branded residential and project-based construction.

TypeDirect peer
Description

Diversified Korean contractor with apartment brand (Acro), civil engineering, and overseas construction; comparable in segment breadth and Korean premium residential positioning.

TypeDirect peer
Description

Korean construction arm of POSCO Group with a leading premium apartment brand (The Sharp) and large-scale civil/building portfolio; directly comparable in branded residential strategy.

TypeDirect peer
Description

Korean conglomerate-affiliated general contractor executing building, civil, plant, and residential projects; comparable in scale, parent-affiliation dynamics, and segment breadth.

TypeDirect peer
Description

Major Korean general contractor with both premium apartment brand (Prugio) and civil/plant business; closely comparable to HL D&I Halla in residential branding and project diversification.

TypeDirect peer
Description

Korean general contractor with apartment brand (I-Park) and diversified civil/plant operations; directly comparable in business model and Korean premium residential positioning.

TypeDirect peer
Description

Korean conglomerate-affiliated builder with branded apartment (Lotte Castle) and civil/building segments; comparable structure to HL D&I Halla as a group-affiliated residential contractor.

TypeDirect peer
Description

Mid-to-large Korean residential-focused builder with premium apartment brand (Hoban Summit); comparable for branded premium residential execution though smaller in civil/plant work.

TypeDirect peer
Description

Korean construction company with building, civil, and housing operations; comparable as a domestic-focused general contractor competing for similar project types.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

HL D&I Halla

Construction and Real Estate Developmenthldni.com

HL D&I Halla is a South Korean construction and real-estate developer (HL Group subsidiary) operating civil engineering, building, plant, overseas, and premium EFETE apartment segments, with growing AI-integrated smart-home and robotics product lines.

What HL D&I Halla does

HL D&I Halla is a South Korea-based construction and real-estate development company operating as a subsidiary of the HL Group conglomerate (한라그룹), headquartered in Seoul (Songpa-gu). Founded in 1980 and rebranded to its current name in 2022 to signal a strategic pivot toward ICT, IoT, and AI-integrated construction, the company runs five business segments: civil engineering, building construction, residential housing under the EFETE (에피트) premium apartment brand, plant and environmental construction, and overseas projects. Its customer base spans public-sector infrastructure clients, commercial developers such as Hyundai, and middle-to-upper-income Korean apartment buyers.

The company's core technology stack combines conventional large-scale construction capabilities with proprietary smart-building and robotics IP. Flagship technology products include HL AI House — an integrated smart-living ecosystem on the touchHL AI platform featuring an AI Smart Mirror, 10-second ultra-fast heat exchanger, ZEB-based AI lighting, and the HL AI Hood air-quality-driven ventilation system — and HL DivotFiX, described as the world's first AI autonomous robot for golf-course fairway divot repair using AI, LiDAR, and vision-based sensors. Certifications include ISO 9001, ISO 14001, OHSAS 18001, and TCFD supporter status; the company holds a 2-year consecutive ESG A+ rating from KCGS and a CDP carbon/water double award.

Revenue is generated through two primary streams: one-time-sale residential apartment complexes under the EFETE brand, sold via direct sales teams and the brand website, and project-based construction contracts for civil, building, plant/environmental, and overseas work, secured through competitive tendering. Pricing is not publicly disclosed. As of early 2026 the order backlog stood at an all-time high of 6.2 trillion KRW, including a single 453.1 billion KRW The Hyundai Busan contract won in November 2025. The company supplements project revenue with hybrid capital instruments (800 billion KRW issued September 2025) and pursues M&A and partnerships — including the October 2024 acquisition of Stanley Robotics and a May 2024 residential partnership with Schindler Group — to extend into autonomous systems and premium residential vertical integration.

HL D&I Halla firmographics

Firmographics
Name
HL D&I Halla
Legal name
Halla Corporation
Website
https://hldni.com
Company type
Private
Founded year
1980
Operating status
Operating
Headcount range
501–1,000 employees
Short description
HL D&I Halla is a South Korean construction and real-estate developer (HL Group subsidiary) operating civil engineering, building, plant, overseas, and premium EFETE apartment segments, with growing AI-integrated smart-home and robotics product lines.
Ownership category
akta.pro rank

Where HL D&I Halla is headquartered

Location

Headquarters

HQ city
Seoul
HQ country
South Korea
HQ region
Asia

Offices1 record

Markets served

HL D&I Halla business model

Business model
GTM type
B2B and B2C
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Residential Complex Sales (Efete Brand): Development and sale of premium apartment complexes under the Efete brand in Korea, targeting end-use home buyers and investors.
  2. Construction Contracts: Civil engineering, building construction, plant/environmental construction, and overseas construction projects undertaken on a project-contract basis.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

HL D&I Halla product offering

Product offering

Core offering

HL D&I Halla is a South Korean construction and real estate development company that executes civil engineering, building construction, plant/environmental, and overseas construction projects, and develops premium residential apartment complexes under its EFETE brand. The company has expanded into AI-integrated smart home technologies through proprietary systems including HL AI House, HL AI Hood, and the DivotFiX autonomous golf course robot, showcased at CES 2026.

Product overview

HL D&I Halla is a construction and development company offering civil engineering, building construction, residential housing (EFETE brand), plant/environmental, and overseas business services. The company has expanded into AI-powered smart technologies including the touchHL AI platform ecosystem featuring HL AI House for integrated smart living, HL AI Hood for smart kitchen ventilation, and HL DivotFiX autonomous golf course maintenance robots.

Differentiator

Problem solved

Functional benefit

Brands

  • EFETE (에피트): Premium apartment brand by HL D&I Halla featuring modern residential complexes with smart home technologies and innovative living spaces.

Products and services

  • Civil Engineering Construction Civil engineering and infrastructure construction services including roads, bridges, and public works, pursued through competitive tendering for public and private sector clients in Korea.
  • Building Construction General building construction services for commercial, public, and mixed-use facilities, executed through direct business development and competitive bidding.
  • EFETE Premium Residential Apartments Premium apartment brand by HL D&I Halla featuring modern residential complexes with smart home technologies and innovative living spaces, targeting middle to upper-income home buyers in Korea. Examples include Cheongju Wolmyeong Park Efete (874 units, 8 buildings).
  • Plant and Environmental Construction Plant and environmental engineering construction services for industrial facilities and environmental projects, including coastal area maintenance.
  • Overseas Construction Construction project execution outside of South Korea, forming one of the five core business segments of HL D&I Halla.
  • HL AI House Integrated AI-based ecosystem for smart living featuring AI Smart Mirror, ultra-fast heat exchanger (10 seconds hot water), ZEB-based AI lighting, and HL AI Hood, all controlled through the touchHL AI platform for residential customers.
  • HL AI Hood Next-generation kitchen ventilation system with real-time indoor air quality monitoring (PM, CO2, temperature, humidity), automatically adjusting operation based on air conditions and integrating with home ventilation systems.
  • HL DivotFiX World's first AI autonomous robot for golf course fairway divot repair, using AI, LiDAR, and image-based sensors to detect divot damage, calculate optimal repair paths, and restore divots safely without human intervention.

Quantifiable outcome

  • Order backlog reached all-time high of 6.2 trillion KRW
  • +1 more outcomes

Companies that use HL D&I Halla

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles2 records

HL D&I Halla technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

HL D&I Halla partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Schindler GroupminorStrategic or Co-development Partner · 1 May 2024Schindler Group, a global elevator and escalator manufacturer, formed a residential partnership with HL D&I Halla in May 2024. The partnership is focused on the residential segment, likely involving the installation of Schindler elevator systems in HL D&I Halla's residential complexes.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

HL D&I Halla competitors and assessment

Company assessment

Direct peers

  • Hyundai Engineering & Construction: Largest Korean general contractor and apartment developer; directly comparable as a diversified construction and residential brand operator competing for both private residential and large commercial/civil contracts in Korea.
  • GS Engineering & Construction: Major Korean construction company with a premium apartment brand (Xi/The Sharp) and significant civil/plant business; highly comparable business mix to HL D&I Halla including branded residential and project-based construction.
  • DL E&C (formerly Daelim Industrial): Diversified Korean contractor with apartment brand (Acro), civil engineering, and overseas construction; comparable in segment breadth and Korean premium residential positioning.
  • POSCO E&C: Korean construction arm of POSCO Group with a leading premium apartment brand (The Sharp) and large-scale civil/building portfolio; directly comparable in branded residential strategy.
  • Samsung C&T (Construction & Trading): Korean conglomerate-affiliated general contractor executing building, civil, plant, and residential projects; comparable in scale, parent-affiliation dynamics, and segment breadth.
  • Daewoo Engineering & Construction: Major Korean general contractor with both premium apartment brand (Prugio) and civil/plant business; closely comparable to HL D&I Halla in residential branding and project diversification.
  • Hanwha Engineering & Construction: Korean general contractor with apartment brand (I-Park) and diversified civil/plant operations; directly comparable in business model and Korean premium residential positioning.
  • Lotte Engineering & Construction: Korean conglomerate-affiliated builder with branded apartment (Lotte Castle) and civil/building segments; comparable structure to HL D&I Halla as a group-affiliated residential contractor.
  • Hoban Construction: Mid-to-large Korean residential-focused builder with premium apartment brand (Hoban Summit); comparable for branded premium residential execution though smaller in civil/plant work.
  • Kumho Industrial (Construction Division): Korean construction company with building, civil, and housing operations; comparable as a domestic-focused general contractor competing for similar project types.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

HL D&I Halla social profiles

Digital presence

HL D&I Halla compliance and trust

Trust signal

Compliance4 records

HL D&I Halla financial estimates

Financial estimate

Revenue estimate

Valuation estimate

HL D&I Halla leadership team

Management profile

Number of profiles

HL D&I Halla funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

HL D&I Halla M&A and investment

M&A and investment

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HL D&I Halla

What does HL D&I Halla do?

HL D&I Halla is a South Korean construction and real estate development company that executes civil engineering, building construction, plant/environmental, and overseas construction projects, and develops premium residential apartment complexes under its EFETE brand. The company has expanded into AI-integrated smart home technologies through proprietary systems including HL AI House, HL AI Hood, and the DivotFiX autonomous golf course robot, showcased at CES 2026.

Is HL D&I Halla a public or private company?

HL D&I Halla is a private company. It is classified as corporate owned and is currently operating.

When was HL D&I Halla founded?

HL D&I Halla was founded in 1980. It employs 501 to 1,000 people.

Where is HL D&I Halla based?

HL D&I Halla is headquartered in Seoul, South Korea, in the Asia region.

How does HL D&I Halla make money?

Two revenue lines are on record. Residential Complex Sales (Efete Brand) is the primary driver. The others are construction Contracts.

Who are HL D&I Halla's main competitors?

Direct peers on record are Hyundai Engineering & Construction, GS Engineering & Construction, DL E&C (formerly Daelim Industrial), POSCO E&C, Samsung C&T (Construction & Trading), Daewoo Engineering & Construction, Hanwha Engineering & Construction, Lotte Engineering & Construction, Hoban Construction and Kumho Industrial (Construction Division).

Does HL D&I Halla have an API?

No public API is recorded for HL D&I Halla.

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Live signals
NateHL디앤아이한라, 청주에 '신분평 에피트 더웨이시티' 분양…소형 29% : 네이트 뉴스HL Di&AI Hanra will launch 'Shinbeonpyeong Epit Deway City' in Cheongju's Seowon-gu this month, with 992 units. About 28.7% are small apartments under 59 sqm, higher than the city's 16% average. The project is the first in the company's Epit brand.NaverHL디앤아이한라, 청주에 '신분평 에피트 더웨이시티' 분양…소형 29%HL Di&Nai Hanra will develop 'Shinbip-epti Deway City' in Cheongju's Seowon-gu, offering 992 units with 28.7% small apartments (59 sqm). This is the first use of the Epit brand in Cheongju, and the area will eventually include 3,948 units across three complexes.Naver1인 가구 증가하는 청주…HL디앤아이한라, ‘신분평 에피트’ 소형 29% 비중으로 이달 분양HL Di&N Hanra will launch the 992-unit Shindaeung Epit Deway City in Cheongju this month, with 28.7% of units being 59-square-meter small apartments. This exceeds the 16% small-unit share in recent Cheongju developments, reflecting rising single-person households in the city.NateHL디앤아이한라, 청주 남부에 3만7000가구…신흥 주거지 : 네이트 뉴스HL디앤아이한라 will develop '신분평 에피트 더웨이시티' in Cheongju's Seongwon-gu, offering 992 units across 10 buildings. The project aims to create a new residential belt with 37,000 households, including schools and parks, and connects to major industrial zones.NaverHL디앤아이한라, 청주 남부에 3만7000가구…신흥 주거지HL디앤아이한라 will develop '신분평 에피트 더웨이시티' in Cheongju's Seongwon-gu, offering 992 units across 10 buildings. The project aims to form a new residential belt with about 37,000 households, including schools and parks. It targets commuters to nearby industrial zones like SK Hynix.NateHL디앤아이한라, 청주 '신분평 에피트 더웨이시티' 10월 분양 : 네이트 뉴스HL Di&AI Hanra will launch 'Shinbeonpyeong Epit The Way City' in Cheongju's Shinbeonpyeong district, with 992 units built by HM Group. The 10-building complex spans 59-112 sqm units, and three more towers totaling 3,948 units are planned. A primary school is scheduled to open in 2029.Naver2순환로 따라 남청주권 ‘신분평 에피트 더웨이시티’ 10월 분양HL디앤아이한라 will develop '신분평 에피트 더웨이시티' in Cheongju's Shinhunpyeong area, with 992 units across 10 buildings. The development includes a primary school and commercial facilities, and is part of a larger 3,948-unit brand town plan.Nate[핀포인트] [HL D&I한라] 순차입금 6000억 고착, 영업익 개선 불구 : 네이트 뉴스HL D&I한라's sequential debt remained at 6168B won in the first half, despite a 34.1% rise in operating profit. Cash flow from operations was 214B won, with 203B won in interest payments, leaving little for debt repayment. The company's assets tied up in land, inventory, and receivables total 1.172 trillion won.Nate[핀포인트] [HL D&I한라] BBB+의 민낯…9%대 조달금리에 차환 부담 : 네이트 뉴스HL D&I한라's bond market yield rose to 9.5%, a 160bp spread over its BBB+ rating, while its debt-to-equity ratio reached 250%. The company faces refinancing pressure as 2700 billion won in private bonds mature, with current rates exceeding historical issuance costs. A 2027 call option on new capital securities adds further financial risk.The future of tradingHL D&I Halla wins KRW 89.97 billion Seongsu-dong office construction contractHL D&I Halla won a construction contract for phase 2 of the Seongsu-dong 2-ga office development project, with a contract value of KRW 89.97 billion. The scope includes a new build with six basement floors and 14 above-ground floors, and the project is scheduled to take 35 months from groundbreaking.