Renovation of elevators of two high-rise buildings in Korea by Otis Korea

The renovation of the elevators of two high-rise buildings in Korea was carried out by Otis Korea in order to upgrade the systems, improve safety and reduce energy consumption.

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Korea’s Otis Elevator Company has renovated elevators for major projects including Gangnam Financial Center and Seoul Financial Center, both high-rise buildings. The renovation of the elevators of two high-rise buildings in Korea was carried out in these projects.

Both buildings are owned by GIC Private Limited and managed by CBRE, the world’s largest commercial real estate manager. Otis Korea started renovating the elevators in 2021 and the project was finally completed in October 2023. Otis Korea also secured five-year maintenance contracts for both buildings.

Jaehyup Kim, president of Otis Korea MOD, who oversaw the projects, said, “These projects clearly demonstrate why Otis is the world’s leading elevator company and demonstrate our commitment to safety and quality.

“Due to increasing urbanization, the scale and importance of the modernization market is increasing every year.” The renovation of the elevators of two high-rise buildings in Korea is an example of this increase.

Profile of Gangnam Financial Center

Gangnam financial center is about 206 meters high; This building has 45 floors above ground and eight floors below ground. The building’s systems include 16 high-speed Otis elevators and 16 conventional elevators and 10 escalators, all of which have been refurbished by Otis.

The renovation of the elevators of two high-rise buildings in Korea, including these buildings, demonstrates the capabilities of Otis. The Seoul Financial Center is 124 meters high and has 30 floors above the ground and eight floors below.

Otis Korea has renovated 30 elevators and escalators, including 16 high-speed elevators, 10 low-to-medium speed elevators, and four escalators.

Otis special services to customers

Otis creates significant value for our customers by providing the following during renovations:

  • Upgrading systems to the latest safety standards and regulations and ensuring a safer ride for passengers
  • Minimizing breakdowns and improving elevator performance and reliability for passengers
  • Plan for renovation works and include in the capital planning budget to better manage disruptions and unexpected repairs and control costs.
  • Managing the impact on the environment by increasing efficiency and reducing energy consumption
  • Increasing the property’s appeal and providing an easy commute for your tenants with shorter wait times and more convenient journeys

Source:

https://www.otis.com/en/us/news?cn=otis-korea-delivers-modernization-projects-for-key-global-customer

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