In Yokohama’s Minato Mirai 21 waterfront district, a real estate developer and a video game company are planning to build a video game museum and an office building.
Daiwa House Industry and an affiliated company of Koei Tecmo have signed a contract to purchase 6,199 square meters of land from the Ministry of Finance for 25.3 billion Yen (US$230 million). A further 5,618 square meters of city-owned land will be acquired by June 2022, bringing the total project site to a little over 11,000 square meters.
Plans are to build a 28-story office building with a total floor area of 110,000 square meters, along with a separate building housing a game art museum and retail space. Construction is scheduled to start in January 2023 with completion by July 2026.
Nearby, in June 2020 a 22,188 square meter lot was sold to a consortium of developers for 12.36 billion Yen (US$ 112 million) to build a 14-story mixed-use condominium, hotel, and aquarium by 2026.
For more on this story, go to Japan Property Central.