* 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.
June 23, 2020
Mitsui Fudosan Co., Ltd.
Tokyo, Japan, June 23, 2020 - Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, announced today that Hisaya-odori Park (*1) combining a park and stores located in (the northern, Nagoya TV Tower area of) Hisaya Odori Park in Sakae-ku, Nagoya, will open in fall 2020.
This project was undertaken based on the Sakae Area Grand Vision formulated by the City of Nagoya and advanced after Mitsui Fudosan was selected in February 2018 to carry out renovations in the area from Nishiki-dori to Sotobori-dori after tenders were opened in October 2017. This project will be the largest of its kind in Japan to use the Park-PFI system (*2) to set up, operate and manage 24 retail facility buildings in a park running north to south for approximately 1 kilometer.
In the retail facilities, 35 stores will open, including nationally popular dining and sales stores, and in its role as a place for residents to take an everyday break, providing an array of services including fashion, sports, dining, communication and refreshment. Through this project, the park will create new value and become a new symbol of Nagoya that communicates a variety of information.
Further details will be announced later regarding the timing of store openings, business hours and measures such as the Three Cs measures to prevent the spread of COVID-19.
*All images are shown for illustration purposes only.
An artist’s impression of Hisaya-odori Park(Viewing the Nagoya TV Tower from Nishiki-odori)
An artist’s impression of Hisaya-odori Park(Viewing the water basin from the facility)
he Nagoya Station and Sakae areas are central to Nagoya’s bustle and Nagoya Castle, the center of historical tourism, is a symbolic base for sightseeing in Nagoya. Looking ahead, with the (planned) 2027 opening of the Chuo Shinkansen maglev line, the synergies of these three areas is expected to create further bustle in the area.
The opening of Hisaya-odori Park in Sakae-ku will enhance the liveliness of all of Nagoya.
Map of Central Nagoya Area
Revitalizing Hisaya Odori Park is a leading project with a ripple effect that will invigorate the entire Sakae area. A full reorganization was carried out to make the park even easier to use for residents and tourists from within and outside of Japan.
Each visit to Hisaya-odori Park provides space for creating communities that encounter new people, goods, experiences, and culture with each visit, exchange diverse sensitivities, and create new value. The park pursues both topicality, as a new tourist resource for Nagoya, and the everyday, as a place to relax, and aims to become a platform to add a smile to the area at any time at all. By connecting with activities and events in the area, bustle in the park will ripple out to the surrounding area.
|Location||Marunouchi 3-Chome, Nishiki 3-Chome and others, Naka-ku, Nagoya|
|Site area||Approx. 54,122 m2 (approx. 580,000 ft2)|
|Structure||2-story steel structure (partially single story)|
|Floor space||Approx. 8,062 m2 (approx. 87,000 ft2)|
|Rental floor space||Approx. 7,243 m2 (approx. 78,000 ft2)|
|Number of stores||Approx. 35|
|Access||Adjacent to Sakae Station on the Nagoya Municipal Subway
Higashiyama Line and Meijo Line
Adjacent to Hisaya-odori Station on the Nagoya Municipal Subway
Meijo Line and Sakura-dori Line
|Hours of Operation||Park: Open 24 hours (Some facilities are inaccessible at night)
Stores: 11:00-23:00 (planned)
* Store operation hours differ depending on the store
|Developer||Mitsui Fudosan Co., Ltd.|
|Park design||Nikken Sekkei Ltd., TAISEI CORPORATION|
|Architectural design||TAISEI CORPORATION|
|Landscaping and planting||Iwama Garden Create Co., Ltd.|
|Designated park manager||Mitsui Fudosan Co., Ltd.|
* The above list is current as of June 23, 2020, and is subject to change.