Why the Mayor of Glendale, USA Visited Dongtan: "Site Tour of Bando Construction Mixed-Use Complex"

Dan Brotman, the mayor of Glendale, California, USA, visited Dongtan 2 New Town and toured the residential-commercial complex apartments developed by Bando Construction.

Dan Brotman, Mayor of Glendale, California, USA (center), and his party are touring the Dongtan 2 New Town mixed-use complex 'Dongtan Station Pilot Bando Yubora' and 'Karim Avenue,' taking a commemorative photo in front of a sculpture by Karim Rashid, one of the world's top three industrial designers.

On the 27th, Bando Construction announced on the 31st that Mayor Dan Brotman of Glendale visited the residential-commercial complexes ‘Dongtan Station Prototype Bando Yubora Ivy Park 4.0’ and ‘Dongtan Station Bando Yubora Ivy Park 8.0’ in Dongtan 2 New Town, as well as the branded shopping area ‘Karim Avenue’ within the complex and the Bando Cultural Foundation’s Ivy Lounge in sequence.

Glendale highly appreciated Bando Construction’s pioneering spirit after successfully completing the ‘The BORA 3170’ residential-commercial project in Los Angeles, USA, in March as a self-developed project, marking Bando’s successful entry into the US housing market as a developer and contractor. Glendale expressed hope for collaboration related to urban development and has maintained an organic cooperative relationship by seeking advice on the architectural methods and development business models incorporating Korean-style residential culture demonstrated by Bando Construction.

Glendale is the third largest city among 88 cities in the Greater Los Angeles area and is facing a worsening housing shortage due to a growing population. The city is striving to ensure stable housing supply by offering various incentives such as height restrictions and increased floor area ratios. Additionally, Glendale is very interested in urban park projects utilizing space above highways and is known to have significant interest in similar development projects already underway in Korea.

In March, Bando Construction successfully completed ‘The BORA 3170’ residential-commercial project in Los Angeles as a self-developed project, attracting attention locally by incorporating Korean-style residential culture and achieving approximately 80% lease contract rate within six months.

‘The BORA 3170’ is a residential-commercial project consisting of 252 units that introduces the Bando Yubora brand and Korean residential culture to the US housing market. It is known to be well-received locally due to its development method involving Korean capital and design applying Korea’s high-end residential culture.

Meanwhile, Bando Construction plans to expand its housing business in Los Angeles by purchasing two additional lots near ‘The BORA 3170’ site to prepare new housing projects under the ‘The BORA’ brand, which will cover about 1,000 units. Through cooperative relationships with Taylor City in Texas and Glendale, with which it signed a Memorandum of Intent (MOI) for urban development cooperation in April, Bando aims to explore ways to participate in urban development projects and expand its presence in the US housing market.

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