The current bridge was constructed in 1929, and was designated as a nationally Important Cultural Property in July 2004.

Japan National Route 7 crosses the bridge, connecting Niigata Station to the areas south of the Shinano River.

The second Bandai Bridge was completed in December 1909, and quickly became the transportation hub of the growing city of Niigata.

The new bridge was built using planks recovered from the remains of the 1908 fire as a base, and was the same size as the original model.

On August 28, 1948, during the Niigata Festival a fireworks accident on the bridge caused over 100 spectators to fall into the Shinano River, resulting in 29 casualties.

On June 16, 1964, a magnitude 7.5 earthquake hit Niigata, causing major damage to nearly all bridges on the Shinano River.