– “We will provide the industry’s best customized construction service based on 50 years of building management know-how and expertise.”
– Successfully won the contract for the 'Flag One' Magok Camp located in the core commercial area of Magok through competitive bidding, and completed the design and construction
-Magok Camp, Magok ‘Botanic Park’ incarnated as a creative platform for organic exchange and cooperation
S&I Corporation ( CEO Hyung Won-jun, hereinafter referred to as S&I), a comprehensive real estate management company based on PropTech, announced on the 24th that it has completed the design and construction of Magok Camp, the third branch of 'Flag One', a premium shared office brand operated by LG Group.
'Flag One' Magok Camp is a shared office located in the core commercial area of Magok, Gangseo-gu, one of the four major business districts in Seoul. It is characterized by being designed as a creative platform where employees of the tenant companies can organically communicate and cooperate.
To this end, the main camp, a lounge within the office, was designed to resemble the Botanic Park, an ecological nature park symbolizing Magok, so that the flow of nature and the experience of staying in a park in the city can be felt throughout the space. In particular, the various movement paths of the Botanic Park were implemented in the form of patterns on the lounge floor to encourage smooth meetings between employees, thereby creating a work environment where creative ideas and communication are possible.
The selection of the design and construction company for this 'Flag One' Magok Camp was made through competitive bidding, and SNI succeeded in winning the final contract with its space management business capabilities accumulated over 50 years and its excellent design and construction competitiveness, solidifying its position as the industry leader.
Hyungwon Jun, CEO of SNI, said, “Based on the know-how in building management and expertise in construction services accumulated for 50 years, we were able to win the design and construction contract for the third branch of the premium shared office brand ‘Flag One’ following the first branch,” and added, “We will continue to strengthen our competitiveness in renovation projects beyond the realm of building management and provide the industry’s best customized construction services.”
Founded in 1975, S&I provides services that enhance the value of buildings and spaces, including facility management (FM), building remodeling, interior design, BPO (conservation & project construction), and specialized construction. It has continuously created new values in spatial experience by planning work spaces for LG Group affiliates such as 'Flag One' Gangnam Camp and LG Energy Solution Complex Rest Area (Yeouido, Ochang, Daejeon) as optimal work environments, from professional consulting to design planning, construction, and aftercare, including major domestic shared offices.
Meanwhile, S&I is a PropTech-based comprehensive real estate management company with experience in managing over 500 buildings and 21,000 stores, including major buildings of LG Group affiliates. It has led the industry’s digital transformation (DX) by introducing about 100 different space management solutions, including the Integrated Operation Center (IOC), Building Facility Management System (atG), Office Life Care App (Sandy App), Space Management Specialized E-Commerce Mall (Sandy Mall), and Real Estate Asset Management Platform (Sandy Property). In addition, it is actively pursuing a comprehensive real estate management business model that encompasses the entire commercial real estate value chain, including facility management (FM), real estate asset management (PM), renovation, and lease management (LM) including purchase and sale. As of last year, the renovation business recorded total sales of KRW 136 billion.
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