Bando Construction Wins Bid for Gyeonggi Office of Education Southern Building Site... 500 Billion KRW Scale Development

Location Map of Gyeonggi Provincial Office of Education Southern Office

Bando Construction announced on the 18th that it won the bid for the site of the Gyeonggi Provincial Office of Education Southern Branch on the 16th. After the relocation of the Gyeonggi Provincial Office of Education in October next year, Bando Construction plans to proceed with the design and permits for the site and develop it into an apartment complex under the 'Bando Yubora' brand with a total project cost of 500 billion KRW.

This bidding was an open competitive bid, with 16 companies including major construction firms, financially strong mid-sized companies, and developers participating, and Bando Construction was selected as the final successful bidder. The site is located in 495 Jowon-dong, Jangan-gu, Suwon-si, with a land area of 33,620㎡. The sale includes 11 buildings such as the Gyeonggi Provincial Office of Education Southern Branch, Gyeonggi Education Information Records Center, and Gyeonggi Central Education Library.

The project site is expected to be connected to the extension of the Shinbundang Line subway and the double-track railway from Indeogwon to Dongtan, and it will also be linked to Hwaseo Station on Line 1 nearby, improving accessibility to Seoul. In addition, it has a wide-area transportation network including National Route 1, Jowon IC on Suwon Northern Ring Road, Dongsuwon IC on Yeongdong Expressway, and Gwanggyo Sanghyeon IC on Yongin-Seoul Expressway.

Moreover, within walking distance of the site are Yeonghwa Elementary School, Suwon Buk Middle School, and Suwon Agricultural Life Science High School, and it is close to Gyeonggi University Suwon Campus and Ajou University, providing an excellent educational environment. The surrounding area is well-equipped with major convenience facilities such as hospitals, large marts, and markets. Nearby cultural, sports, and healing spaces include Suwon Hwaseong Fortress, Suwon World Cup Stadium, Suwon Sports Complex, Suwon KT Wiz Park, Gwanggyo Lake Park, Gwanggyo Reservoir, Yeonghwa Park, Dong Park, Gwanggyo Park, and Gwanggyo Mountain Forest Bathing Area, boasting an outstanding location.

A Bando Construction official said, "This site is attracting attention as a location equipped with various living infrastructures such as transportation, education, culture, and convenience," adding, "We will continue the reputation of Bando Yubora, recognized in Dongtan 2 New City, in Suwon as well."

Meanwhile, Bando Construction plans to start sales of 'Machang Bridge Bando Yubora Ivy Park' in the Gapo Residential District of Changwon in March, and this year plans to sell about 5,000 households nationwide in Seoul, Busan, Daegu, Pyeongtaek, Cheonan, Cheongju, Geoje, and other areas.

This content was produced with the assistance of AI translation services.