Bando Construction Wins 310 Billion KRW Joint Housing Project in Hwaseong Jang-an District
Perspective view of a large apartment complex with 1,595 units of exclusive areas 59㎡ and 84㎡ in Hwaseong Jangan Residential District, constructed by Bando Construction
Bando Construction announced on the 15th that it has secured a contract for the construction of a multi-family residential complex worth 310 billion KRW in Hwaseong Jang-an District, Hwaseong City, Gyeonggi Province.
This is Bando Construction's first contract win in the second half of the year, signing a contract with Jang-an Development Co., Ltd. for the "Hwaseong Jang-an Residential District Multi-family Housing Construction Project" consisting of 1,595 units.
The project site for the Hwaseong Jang-an Residential District multi-family housing construction is located at 477 Sarang-ri, Jang-an-myeon, Hwaseong City, Gyeonggi Province. The site covers an area of 85,847㎡, with 14 buildings ranging from one basement floor to 26 floors above ground. The project includes 273 apartments with a net floor area of 59㎡, 1,322 apartments with 84㎡, totaling 1,595 units, along with neighborhood living facilities. Construction is scheduled to begin by the end of the year, with sales planned for early next year.
The planned "Hwaseong Jang-an Bando Yubora (tentative name)" will be located at the center of approximately 11 industrial complexes, including Kia Motors Hwaseong Plant and Hyundai-Kia Motors Research Institute. It is highly regarded for its excellent location as an emerging residential complex catering to the demand of over 55,000 workers in the area.
Near the complex, there is a wide-area bus stop and Joam Intercity Bus Terminal, allowing travel to Seoul Sadang Station by wide-area bus in about 1 hour and 30 minutes. Public transportation access to nearby areas is also convenient.
Additionally, the nearby Joam IC connects to Pyeongtaek-Siheung Expressway and Pyeongtaek-Jecheon Expressway, and via Pyeongtaek JC, the Seohaean Expressway is accessible, enabling travel to Seoul and surrounding cities.
Jangan Girls' Middle School is located right next to the complex, and Jangan Elementary School, Samgwe Middle School, and Samgwe High School are all within walking distance for students.
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A Bando Construction official stated, "This is a large-scale complex supplied in the Jangan-myeon area of Hwaseong City for the first time in 12 years, and there has been no new apartment supply for a long time, so expectations from nearby demanders are high. Following Hwaseong Dongtan and Songsan, we will create another sales success story in the Jangan District."
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