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* Information contained in this news release is current as of its date of announcement. Be aware that information contained herein is subject to change without notice.
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Five new large-scale shopping center to open
in Tokyo metropolitan area coming Fall 2006 to Spring 2007
A jump from "Shopping Center" to "Life Solution Community"
February 1, 2005
Mitsui Fudosan Co., Ltd.
Currently at Mitsui Fudosan, we are actively developing new large-scale shopping center around the Tokyo metropolitan area. The following five projects are scheduled to inaugurate between Fall 2006 and Spring 2007.
Kawasaki Station West Exit Project
Shop floor area & # of shops: approx. 76,000 m2 (Approx. 23,000 tsubo), 300 retail lots
Grand Opening: Fall 2006 (Saiwai-ward, Kawasaki City, Kanagawa Pref.)
Kashiwanoha-Campus Station Project
Shop floor area & # of shops: approx. 36,400 m2 (Approx. 11,000 tsubo), 170 retail lots
Grand Opening: Fall 2006 (Kashiwa City, Chiba Pref.)
Toyosu Project
Shop floor area & # of shops: approx. 60,000 m2 (Approx. 18,000 tsubo), 200 retail lots
Grand Opening: Fall 2006 (Toyosu, Koto-ward, Tokyo)
LaLaport Yokohama
Shop floor area & # of shops: approx. 83,000 m2 (Approx. 25,000 tsubo), 300 retail lots
Grand Opening: Spring 2007 (Tsuzuki-ku, Yokohama City, Kanagawa Pref.)
Tokyo Midtown Project (former Defense Agency site in Roppongi)
Shop floor area & # of shops: approx. 20,500 m2 (Approx. 6,200 tsubo), 150 retail lots
Grand Opening: Spring 2007 (Akasaka, Minato-ward, Tokyo)
All the names of the facilities listed here are tentative
For further details, please refer to attachment #1 "Project Profile"
The sites are located either in the Tokyo suburban region which its large population generates a great marketing power, or in central Tokyo/Tokyo Bay area. We believe that the growing population among these areas will be a great potential market. All are carefully-selected locations and are conveniently situated close to terminal stations and/or major roadways. (Please refer to attachment #2 "map" for more details)
Mitsui Fudosan has applied the concept of "Life Solution Community", our latest concept for commercial facilities upon developing these projects.
"Life Solution Community" is a commercial complex which satisfies the various and always changing needs and demands of customer. It is a place not only to obtain "goods" but to enjoy interaction and communication as well as realization of ones unique way of life. Japan is now filled with "goods & products". We recognize that people is seeking for a "place & time" to enrich its life through inter-communication and various experience and encounter. The following represents our ways to realize such "community".
(1) Creation of a facility based on customer-participating marketing studies
(2) Development of various topics' "solution zones"
(3) Promotion of measures to form a local community
(1) Creation of a facility based on customer-participating marketing studies
From the planning phase, group interviews among local citizens and marketing studies via survey monitors are conducted to identify each project's area characteristics and preference in order to establish "life solution topics". A system that enables us to pay close attention to the customers' opinions and complaints will continuously evolve "life solution topics" and maintain a top-quality facility that always reflects the needs and demands of its customers.
(2) Development of various "solution zones" in line with topics
For each project, we will develop zones which combine various functions that satisfy the "life solution topics" identified respectively and exhibit synergy effect.
<Life Solution Topics and Development Vision 2>
Kawasaki Station West Exit Project: < Dine & create & learn > Development of approx. 5000tsubo food-related zone (this includes restaurants & cafes), one of the largest in the Tokyo metropolitan area
Kashiwanoha-Campus Station Project: < Soothe & create & look even better > Development of health & beauty zone based on LOHAS* concept (*abbreviation for: lifestyles of health and sustainability)
Toyosu Project: < Relax & color & invite > Development of living life zone for affluent urban residents
LaLaport Yokohama: < Create & learn & present > Development of over 4000tsubo huge culture zone
Tokyo Midtown Project: < Sense & interact & create > Development of complex of hotel, museum, restaurants and shops that creates relaxing space surrounded by the greenery
At every facility, we are planning to locate cinema complex, museum and such to enhance cultural and entertainment features along with shopping and dining features.
(3) Promotion of measures to form a local community
As we are doing at our LaLa Garden Tsukuba, we will promote measures such as hosting of "LaLa Club (a customer-based communication club)" and customer-participating events to assist community build-up. We believe that the creation of the hardware and software that attracts people of all ages and the enrichment of inter-communication are our ways to contribute to the society.
As a result of these measures, we are able to provide a place not just to buy "goods" but enhance inter-communication, stimulation of demand, expansion of consumption and also realize ones unique way of life.
The facility planning focuses on a pleasant space that signifies unwearying comfort and relaxation. We place a special emphasis on community features such as playgrounds, promenade, a place to feel nature, somewhat a park kind of a place by making the best use of outdoor environment such as greenery, water, etc. All the projects invite different architects/designers and attain high originality suiting the area characteristics. (Please refer to attachment #3 "Architect Profile & Concept" for more details)
In the adjacent areas of all the five projects, residential development (each consisting several hundreds of residences) is also underway. We intend to dedicate all our know-how in this field and provide service and community features as well as top-rate environment and streetscape.
From the past, Mitsui Fudosan has developed a variety of commercial facilities tailored to suit area characteristics and customers such as large-scale suburban shopping center, urban shopping center, community-focused shopping center, factory outlets, etc. In the future, we are committed to develop and operate even-better and competitive commercial facility by realization of "life solution community".
<Attachment 1> Project Profile
Kawasaki Station West Exit Project
| Location |
72-1 Horikawa-cho, Saiwai-ward, Kawasaki City, Kanagawa Pref. |
Access (via train)
(via car) |
Direct connection to JR Kawasaki Station
1.3 km from "Keibajyo-Mae" intersection or 1.2 km from "Motoki" intersection on Daiichi-Keihin Blvd.; 0.8 km from "Shitte" intersection on National Route #1 |
| Site Area |
approx. 72,000 m2 (approx. 22,000 tsubo) |
| Building Size |
6 floors + 1 basement level |
| Total Floor Area |
approx. 174,000 m2 (approx. 53,000 tsubo) |
| Shop Floor Area |
approx. 76,000 m2 (approx. 23,000 tsubo) |
| # of Retail Lots |
approx. 300 |
| # of Car Parking Lots |
approx. 2,000 |
| Population of the surrounding market |
0-5km radius: 450,000 households; 950,000 residents
0-10km radius: 1,190,000 households; 2,500,000 residents |
| Grand Opening |
Fall 2006 |
| Nearby Developments |
Condominium (670 residences, expected completion Spring 2007)
Office building (size, completion schedule TBA) |
Kashiwanoha-Campus Station Project
| Location |
Zone #150 of Northern Kashiwa City Planning Area, Kashiwa City, Chiba Pref. |
Access (via train)
(via car) |
1 min. walk from "Kashiwanoha-Campus" Station on the Tsukuba Express (Fall 2005 inauguration)
2.4 km from "Kashiwa" interchange of Joban Expressway |
| Site Area |
approx. 42,000 m2 (approx. 12,600 tsubo) |
| Building Size |
4 floors (+ 7 storeys parking building) |
| Total Floor Area |
approx. 159,000 m2 (approx. 48,000 tsubo) |
| Shop Floor Area |
approx. 36,400 m2 (approx. 11,000 tsubo) |
| # of Retail Lots |
approx. 170 |
| # of Car Parking Lots |
approx. 2,400 |
| Population of the surrounding market |
0-5km radius: 110,000 households; 300,000 residents
0-10km radius: 390,000 households; 1,030,000 residents |
| Grand Opening |
Fall 2006 |
| Nearby Developments |
Condominium (800 residences, expected completion TBA) |
Toyosu Project
| Location |
Zone #6 & #4-1, 2-chome Toyosu City Planning Area, Koto-ward, Tokyo |
Access (via train)
(via car) |
3 min. walk from "Toyosu" Station on the Tokyo Metro Yurakucho Line & Yurikamome
1.1 km from "Edagawa" exit or 2.5 km from "Kiba" exit of Metropolitan Expressway #9 |
| Site Area |
approx. 67,500 m2 (approx. 20,000 tsubo) |
| Building Size |
5 floors + 1 basement level |
| Total Floor Area |
approx. 170,000 m2 (approx. 51,000 tsubo) |
| Shop Floor Area |
approx. 60,000 m2 (approx. 18,000 tsubo) |
| # of Retail Lots |
approx. 200 |
| # of Car Parking Lots |
approx. 2,000 |
| Population of the surrounding market |
0-5km radius: 330,000 households; 660,000 residents
0-10km radius: 1,550,000 households; 3,060,000 residents |
| Grand Opening |
Fall 2006 |
| Nearby Developments |
Condominium (1,490 residences, expected completion 2008) |
LaLaport Yokohama
| Location |
4035-1 Ikebe-cho, Tsuzuki-ward, Yokohama City, Kanagawa Pref. |
Access (via train)
(via car) |
7 min. walk from "Kamoi" Station on the JR Yokohama Line
2.5 km from "Kohoku" interchange of Daisan-Keihin;
4 km from "Yokohama Aoba" interchange of Tomei Expressway |
| Site Area |
approx. 100,000 m2 (approx. 30,000 tsubo) |
| Building Size |
3 floors (partially 4 floors) + 1 basement level (+ 6 storeys parking building) |
| Total Floor Area |
approx. 215,000 m2 (approx. 65,000 tsubo) |
| Shop Floor Area |
approx. 83,000 m2 (approx. 25,000 tsubo) |
| # of Retail Lots |
approx. 300 |
| # of Car Parking Lots |
approx. 4,300 |
| Population of the surrounding market |
0-5km radius: 240,000 households; 590,000 residents
0-10km radius: 1,060,000 households; 2,520,000 residents |
| Grand Opening |
Spring 2007 |
| Nearby Developments |
Condominium (700 residences, expected completion Fall 2007) |
Tokyo Midtown Project (former Defense Agency site in Roppongi)
| Location |
9-chome Akasaka, Minato-ward, Tokyo |
| Access (via train) |
Direct connection to Roppongi Station on the Toei-Oedo & Tokyo Metro Hibiya Lines
3-minute walk from Nogizaka Station on the Tokyo Metro Chiyoda Line
8-minute walk from Roppongi 1-chome Station on the Tokyo Metro Namboku Line |
| Site Area |
approx. 78,400 m2 (approx. 23,700 tsubo) |
| Building Size |
Building "D" (Midtown West): 8 floors + 3 basement floors (Retail: 1st basement level - 3rd floor)
Building "E" (Midtown Front): 13 floors + 3 basement floors (Retail: 1st basement level - 2nd floor) |
| Total Floor Area |
approx. 569,000 m2 (? 172,000 tsubo)
* This includes retail portion of approx. 57,000 m2 (approx. 17,000 tsubo) |
| Shop Floor Area |
approx. 20,500 m2 (approx. 6,200 tsubo) |
| # of Retail Lots |
approx. 150 |
| # of Car Parking Lots |
approx. 800 (covering office, hotel and shopping facilities within the site) |
| Population of the surrounding market |
0-5km radius: 390,000 households; 740,000 residents
0-10km radius: 2,020,000 households; 4,040,000 residents |
| Grand Opening |
Spring 2007 |
| Nearby Developments |
Office building, residences (530 units), hotel (The Ritz-Carlton) and more. Grand opening scheduled for Spring 2007 |
Note: Please note that this project profile is currently under planning phase. Building size and other issues are subject to change without notice.
<Attachment 2> Architect Profile & Concept
Kawasaki Station West Exit Project
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Architect (Designer)
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Ricardo Bofill (Spain) |
| Works |
Tokyo Ginza Shiseido Bldg., Aoyama Palacio Tower, Cartier Headquarter Bldg. (Paris, France), Barcelona Airport (Barcelona, Spain), etc. |
| Building Concept |
The concept "renaissance" is symbolized by a "big roof". "A town with a big roof" has numerous open space despite this location is faced in front of a train terminal station. Comforting space where people gather to communicate is under creation. |
Kashiwanoha-Campus Station Project
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Architect (Designer)
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RTKL International Ltd. (U.S.A.) |
| Works |
LaLaport Funabashi, Yokohama Bayside Marina Shops & Restaurants, Garden Walk Makuhari, La Fete Tama Minami Osawa, Colombo (Portugal), Centro Oberhausen (Germany) |
| Building Concept |
Placing "LOHAS" as main concept, the design enjoys terraced greenery, curved walls, large staircase with green exterior environment. The abundant sunlight from the above and rich planting enables open environment.
- Using tranquil colors and materials, the design creates warm feeling and produces a new place for the community.
|
Toyosu Project
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Architect (Designer)
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John Low (U.S.A.) |
| Works |
LaLaport Funabashi, The Vianna Do Castelo Project (Portugal), Luz Del Tajo Shopping Center (Spain), Blue City (Poland), etc. |
| Building Concept |
Introduced ship as main motif for the building design due to the fact that the site was originally a shipbuilding dock. A combination of the shiplike curved building and straight line building creates varied scenery and space. |
LaLaport Yokohama
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Architect (Designer)
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The Buchan Group (Australia) |
| Works |
Chadstone Shopping Centre, No.1 Martin Place, Bondi Junction, etc. (all located in Australia) |
| Building Concept |
- Placing "natural slow life" as main concept, the design integrates enriched greenery landscape with sophisticated glass wave wall building. It creates an endlessly comforting space.
- The landscaping plans include preservation and utilization of 300 trees at its existing site, creation of the symbolic "center coat", and improvement of surrounding walkways and nearby parking space.
- First work in Japan.
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Tokyo Midtown Project (former Defense Agency site in Roppongi)
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Architect (Designer)
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< Commercial Facility Section >
Communication Arts, Inc. (U.S.A.)
Kengo Kuma & Associates |
| Works |
< Communication Arts, Inc. >
Bugis Junction (Singapore), Werthem Village (Germany)
< Kengo Kuma & Associates >
ONE Omotesando, LVMH Osaka |
| Building Concept |
- Under the development vision "Japan Value", the building introduces various Japanese features (such as paper screen "shoji" motif on the fa軋de, wooden finishing inside the mall, etc.) aimed to create high-quality space.
- To realize the "Diversity on the Green" development concept, 4 hectare, nearly 40% of the total planning area is greenery land where people can enjoy relaxation
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