Local News

Nishitetsu Announces Island City Development Project

Nishitetsu has announced plans to build a mixed-use complex on Island City, with buildings opening in phases starting in fiscal 2018. Facilities on the 4.1-hectare site located next to the Fukuoka City Children’s Hospital will include high-rise condos for senior citizens, a supermarket and a bus depot. Nishitetsu also plans to build a community center where people of all ages can mingle and engage in cultural activities. The total cost of the project, including land acquisition, will be about ¥25 billion, and the first phase of development will begin sometime in fiscal 2016. Source: Nishitetsu press release, 4/18

island city redevelopment

Category
Business
Published: Apr 28, 2016 / Last Updated: Apr 28, 2016

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