Utsunomiya Station East Exit District Development Project: Community planning partnership agreement concluded with tenants
Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer: Masayuki Hyodo) is participating in the Utsunomiya Station East Exit District Development Project (hereinafter the “Project"), sponsored by Utsunomiya City. The company is engaged in a project for a commercial complex which is scheduled to open in August 2022. Recently, we have signed a community planning partnership agreement with planned major tenants of the complex. Based on this agreement, we will facilitate cooperation with the city government and local organizations, aiming to build an attractive community and create new value through the complex.
This Project is hosted by Utsunomiya City with the aim of building a “new, attractive and vibrant hub of exchange and creativity as a driver for future regional development.” This is a public-private joint program that embraces various development plans. These include a convention center with the region’s largest capacity,*1 a new public transportation LRT system,*2 a spacious greenery park, a major medical institution for highly specialized medical care services, lifestyle-oriented commercial facilities catering to local residents as well as those visiting for business or pleasure, a quality and convenience-focused hotel, family support functions, and business offices.
Since May 2018, when Sumitomo Corporation was granted a preferential negotiating right as a member of the bidding consortium led by Nomura Real Estate Development Co., Ltd., the company has discussed development plans with the city government in detail in that capacity. Within the Project, our undertaking is related to two facilities: a 14-story commercial complex (retail and hotel) that directly connects to JR Utsunomiya Station and the LRT station, and a five-level car park adjacent to the complex.
This business represents one of the latest of many similar projects undertaken by Sumitomo Corporation. The company has been engaged in a number of commercial complex projects in major cities across Japan, under public private partnership (PPP) agreements and within government-led urban development programs for town redevelopment and land readjustment. In these projects, Sumitomo Corporation uses its strengths as an integrated trading company, particularly its know-how for community planning and networks. We will promote the new Project, looking to contribute to Utsunomiya City’s economic and industrial growth and improve the convenience of residents and station users.
*2. LRT: Light rail transit
This next-generation tram system is attracting the attention of the public. Utsunomiya City is introducing the system to local public transportation networks, including for a planned service to connect Utsunomiya Station East Exit and the Haga-Takanezawa Industrial Park (14.6 km).
(Reference material)
【Profile of commercial complex】
Address
:
1-2 Miyamirai, Utsunomiya-shi, Tochigi
Access
:
One minute walk from Utsunomiya Station on the JR Tohoku Shinkansen Line and Tohoku Main Line
Site area
:
Approx. 7,700 m2
Building structure
:
14 stories, steel construction
Gross floor area
:
Approx. 37,400 m2 (including separate car park)
Construction period
:
April 2020 to July 2022 (scheduled)
Scheduled to open
:
August 2022
【Facility composition】
■Commercial (1st to 6th floors)
・Major tenant composition
6F
:
Offices
5F
:
Wedding venue/restaurant, offices
4F
:
Product retail
3F
:
Food service, product retail, non-food services
2F
:
Food service, product retail, non-food services
1F
:
Supermarket
■Hotel (5th to 14th floors)
・Trade name
:
CANDEO HOTELS UTSUNOMIYA (provisional)
・Number of guest rooms
:
288
・Floor area of rooms
:
18 to 20 m2
・Available functions
:
public bath (with open-air bath), sky view restaurant
■Multi-level car park (separate five-story building)
・Capacity
:
480 cars
■Related images (current plans subject to future changes)
South side: Convention center and park
West side: Commercial complex facing JR Utsunomiya Station
Sumitomo Corporation Group positions “Six Material Issues to Achieve Sustainable Growth with Society” as an important factor in developing business strategies and in the decision-making process for individual businesses. Going forward, we will pursue sustainable growth by resolving these issues through our business activities. This project especially contributes to the following material Issues.
Achieving Harmony with the Global Environment
To realize recycling-oriented society and mitigate climate change, we are working to establish frameworks for the efficient use of resources and stable supply of renewable energy. In doing so, we will achieve growth in harmony with the global environment.
Contributing to the Development of Local Communities and Industries
We steadily procure and provide goods and services to meet the needs of people in various countries and regions and contribute to developing industrial platforms. Through these means, we will create a virtuous cycle in which we can grow and develop together with local communities.
Establishing a Foundation for Comfortable and Enriching Lifestyles
We strive to realize more convenient and comfortable lifestyles by providing goods and services for daily use while also responding to needs for high-quality lifestyles in order to support the physical and mental health of people around the world.
Providing Diverse “Accessibility”
We provide diverse accessibility to open up the possibility of creating new value. To this end, we will improve mobility for safe and efficient flow of people and goods, and expand the network connecting information and finance.
Developing Human Resources and Promoting Diversity
In order to create new value and innovation by allowing our diverse personnel to fully exercise their abilities in a variety of fields, we will promote the development and empowerment of human resources, which represent our most important management resources.
Enhancing Governance
We will enhance our ability to draft and implement strategies for achieving sustainable growth and to provide appropriate supervision of these strategies, all while maintaining transparency. In this manner, we will improve management efficiency and maintain sound management.
Achieving Harmony with the Global Environment
Contributing to the Development of Local Communities and Industries
Establishing a Foundation for Comfortable and Enriching Lifestyles
Providing Diverse “Accessibility”
Developing Human Resources and Promoting Diversity
Enhancing Governance
