Bando Construction Acquires Private Development Site Near Cheonan Dujeong Station to Build Apartments
[Asia Economy Reporter Donghyun Choi] Bando Construction announced on the 13th that it will introduce 'Dujeong Station Bando Yubora (tentative name)' on the 'Woosung Feed Factory Site' and 'Cheonan Motors' site near Dujeong Station in Cheonan City.
At the end of December last year, Bando Construction purchased the former Woosung Feed factory site located at 393-21 Dujeong-dong, Seobuk-gu, Cheonan City. Recently, it additionally acquired the adjacent Cheonan Motors site, planning to develop a total area of 33,853㎡ with seven apartment buildings of 84m² (exclusive area) each, totaling 617 households, along with neighborhood living facilities. Construction is scheduled to begin in the second half of this year.
Currently, the Cheonan Dujeong district is undergoing large-scale residential development as its zoning has changed from a general industrial area to a Type 2 general residential area, with approximately 7,500 households expected to form a residential town. In particular, the Dujeong district is home to about 100,000 workers from large-scale industrial companies such as Asan Display, Samsung SDI, and Samsung Electronics within a 10km radius, providing abundant demand.
This project site is located within walking distance of Dujeong Station, considered a prime location within the Dujeong district. Dujeong Station is served by Seoul Metropolitan Subway Line 1 and the Gyeongbu Line, making travel to Seoul and nearby areas very convenient via public transportation. Additionally, the site is close to the Gyeongbu Expressway Cheonan IC and National Road No. 1 Cheonan-daero, offering excellent regional transportation networks.
The living infrastructure is also abundant. Within a 400m radius of the site is Dujeong Elementary School, accessible by walking, as well as public Dosol Kindergarten, Dujeong Middle School, Bukil High School, Bukil Girls' High School, and nearby universities such as Dankook University Cheonan Campus and Kongju National University Cheonan Campus. The Megabox cinema is a 10-minute walk away, and within 5km of the site are convenience facilities including Lotte Mart, E-Mart, Costco, Shinsegae Department Store, and Dankook University Hospital.
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A Bando Construction official stated, “Along with the large-scale development benefits of the Cheonan Dujeong district and the prime location within walking distance of Dujeong Station, there is already high interest from actual buyers. As the first introduction of the ‘Bando Yubora’ brand in the Cheonan area, we will do our best to make it the landmark complex of the Dujeong district by applying Bando Construction’s specialized designs, product competitiveness, and advanced systems that reflect customer needs.”
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