News Releases
2000

* 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.

"TOKYO-BAY LaLaport"
-- One of the Largest Shopping Centers in Japan "LaLaport 3" --
A New Shopping Mall of Specialty Stores will open on Thursday, April 20!

January 26, 2000
LaLaport Co., Ltd.
Mitsui Fudosan Co., Ltd.
The Daiei, Inc.

LaLaport Co., Ltd., Mitsui Fudosan Co., Ltd., and The Daiei, Inc. will jointly open "LaLaport 3", a new shopping mall of specialty stores on Thursday, April 20, in "TOKYO-BAY LaLaport" (Funabashi, Chiba), one of the largest shopping centers in Japan operated by the said three companies, where remarkable number of 22 million people visit every year.

"LaLaport 3" offers a new standard of fixture items, having "Fine Standard" as the key word for merchandise concept. This concept represents the feelings of "comfortably pleasant, a little fashionable and smart, but just right". It consists of tenants that handles fashion/general-goods, health & beauty/cosmetics, restaurants, and others that will propose neoteric life-styles for the 21 century, focused on the needs of wide range of generations from the baby-boom juniors to "Heisei" new families.

Floors are laid out in three story: the first floor with shops that offers diversified life-styles; the second floor is for health and beauty/cosmetic related shops, as well as shops for couples and families' casual fashions, and young ladies' casual street fashions; finally the third floor holds a food court available with 370 seats, along with shops on interior goods and sports/outdoor goods, as well as commodity shops and restaurants under the theme of the United States.

The RTKL International Limited (U.S.), the world-renowned company for designing entertainment centers throughout the world, produced environmental design of "LaLaport 3" with exotic exterior. Moreover, a focused attention is given to make enjoyable environment for shopping by creating additional round open area with water fountain at the Harbor Avenue, a popular area for resting, as well as additional "five story drive-in parking facility" with capacity of 1,000 vehicles.

"TOKYO-BAY LaLaport" was established in business with "LaLaport 1" in April 1981, and with "LaLaport 2" in March 1988. Since the opening, for the last 20 years, it was noted and considered as one of the largest shopping centers in Japan. The additional "LaLaport 3", however will broadening the size even further: The total floor space of business area at "TOKYO-BAY LaLaport" will reach to approximately 141,000 m2 [approx. 126,000m2 for LaLaport 1 & 2], holding approximately 370 shops [approx. 300 shops in LaLaport 1 & 2], and the parking capacity will also enlarged to about 8,000 vehicles [approx. 7,000 at LaLaport 1 & 2].

Other features of the "LaLaport 3"

A 12-meter high, giant coconut tree is staging a resting area at the well-hole space (10 meter in largest of width, 21 meter of highest height to the top light).

Wide passageway is secured with the width of 6 to 10 meters on the first floor, and 3.5 to 6 meters on the second and third floors, along with the 3.5-meter high ceiling.

Rest rooms are created with a touch of entertaining atmosphere, conceptualized by each floor. All the ladies' rest rooms are equipped with powder spaces and baby seats. (LaLaport 3 meets the fundamental standard required in the Warm Heart Building Act.

Warm Heart Building Act is an Architectural law for the handicapped and aged.)

A new round open space arranged with a water fountain (which will be an addition to the "Harbor Avenue") will have a round-shaped penthouse, staged with 7 colors of lights at night. (Intended)

A circular shaped inner mall of 600 meter long is completed, which connects existing "LaLaport 1" and "LaLaport 2". The mall enables one to shop just as if strolling along the street without affected by the weather.

The Facility Outline

Name "LaLaport 3" at TOKYO-BAY LaLaport
Address LaLaport Shopping Center, LaLaport Funabashi, Hamacho 2-chome, Funabashi-shi, Chiba-ken
Structure Steal-framed, 7 story (1 to 3 floors are commercial facilities, and 4 to rooftop are parking areas)
Additional available parking space approximately 1,000 more vehicles. (Total of approximately 8,000 vehicles can be parked at TOKYO-BAY LaLaport.)
Total floor space approximately 64,000 m2
Business space approximately 15,000 m2 (*including restaurants and others)
Number of shops approximately 70 shops (total of 370 shops after the opening)
Undertaker LaLaport Co., Ltd., Mitsui Fudosan Co., Ltd., and The Daiei,Inc.
Schedule Opening is scheduled for Thursday April 20, 2000.

Conceptual Drawing