Bando Construction to Launch Sales of 'Yeongdeungpo Bando Ivy Valley' Knowledge Industry Center This Month

Yeongdeungpo Double Station Area and Downtown High-Density Development Expected to Benefit
52% Higher Exclusive Use Ratio... Specialized Design for Work Environment

Perspective View of the Knowledge Industry Center 'Yeongdeungpo Bando Ivy Valley'

Bando Construction announced on the 1st that it plans to launch sales of the knowledge industry center 'Yeongdeungpo Bando Ivy Valley' in the Yeongdeungpo-dong area of Yeongdeungpo-gu, Seoul, in April.

Yeongdeungpo Bando Ivy Valley will be developed at 145 Yeongdeungpo-dong 6-ga, Yeongdeungpo-gu, Seoul, with a total floor area of 38,870㎡ across 4 basement floors to 11 above-ground floors, comprising 228 units and 32 neighborhood living facilities. From the first basement floor (excluding parking) to the 11th floor above ground, all units will be manufacturing and factory-type, with neighborhood living facilities located on the first floor above ground.

With Yeongdeungpo-gu selected as one of the first candidate sites for the Seoul downtown public housing complex development project, a key part of the Ministry of Land, Infrastructure and Transport's 2·4 Supply Plan, the location conditions of Yeongdeungpo Bando Ivy Valley are expected to improve significantly. Additionally, the Yeongdeungpo area is scheduled for redevelopment projects including Yeongdeungpo downtown station area redevelopment, jjokbangchon (shantytown) redevelopment, Daeseonje-mill regeneration project, and the construction of the 2nd Sejong Cultural Center, which is expected to bring benefits from environmental improvements and development.

Yeongdeungpo Bando Ivy Valley is within walking distance of Yeongdeungpo Market Station on Subway Line 5 and Yeongdeungpo-gu Office Station, a transfer station for Lines 2 and 5. It also offers easy access to major roads such as Yeongsin-ro, Yeongdeungpo-ro, and Gukhoe-daero, facilitating entry northward toward Yanghwa Bridge and eastward toward Yeouido. This allows for travel by car to major business districts such as Yeouido Business District (YBD), Central Business District (CBD), Yongsan District, Sangam DMC, and Magok District within 10 to 20 minutes.

The transportation network is expected to improve further. Rail networks including the Sinansan Line (scheduled to open in 2024), Gangbuk Transversal Line (scheduled to open in 2026), and GTX-B (scheduled to open in 2027) will be expanded, greatly enhancing accessibility not only within Seoul but also to Gyeonggi and Incheon. Moreover, the Ministry of Land, Infrastructure and Transport plans to apply for a preliminary feasibility study in March to April for the undergrounding project of the Gyeongin Expressway section between Seoincheon IC and Sinwol IC.

Based on Bando Construction's expertise, Yeongdeungpo Bando Ivy Valley will introduce a specialized design unique to Bando Ivy Valley that maximizes work efficiency for tenant companies. First, the floor plans offer various sizes per floor, creating an optimal office environment for small and medium-sized enterprises, one-person companies, and startups. Additionally, with a high exclusive use ratio of 52%, the design provides a spacious usable area and excellent space efficiency. To ensure a pleasant working environment, meeting rooms and lounges will be provided on each floor, and rooftop relaxation gardens will be created on the 3rd and 11th floors.

The Yeongdeungpo Bando Ivy Valley sales promotion center is located at Unit 114, 1st floor, Foretna Yeongdeungpo Central Shopping Mall, 208 Yeongdeungpo-dong 7-ga, Yeongdeungpo-gu, Seoul, and operates on a 100% visit reservation basis to prevent the spread of COVID-19.

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