[Mitsui Fudosan Co., Ltd.] Renewal of the former Sogo Kawaguchi store building that closed in 2021 Start of construction on the “(tentative name) Kawaguchi Station Commercial Facility Plan”
*Mitsui Fudosan Co., Ltd.*
Press release: August 22, 2024
Renewal of the former Sogo Kawaguchi store building that closed in 2021 Start of construction on the “(tentative name) Kawaguchi Station Commercial Facility Plan”
*~A commercial facility that will add even more convenience and liveliness to the station is scheduled to open in spring 2025~*
Mitsui Fudosan Co., Ltd. (located in Chuo-ku, Tokyo; President and CEO: Shun Ueda) has recently begun construction of the “(tentative name) Kawaguchi Station Commercial Facility Project” as a renewal plan for the former Sogo Kawaguchi store building in Kawaguchi City, Saitama Prefecture. I would like to inform you that I have done so. The opening is scheduled for spring 2025.
In this project, we will acquire Sogo Co., Ltd./Seibu Co., Ltd.’s equity interest in the former Sogo Kawaguchi store building, and will renovate and reopen it as a commercial facility under our brand. This building is connected to the east exit of Kawaguchi Station on the JR Keihin Tohoku Line by a pedestrian deck, and the bus stop in front of the station is serviced by about 30 route buses, making it convenient for transportation from many directions. Located in a convenient location.
While retaining the large clock and marble features of the former Sogo Kawaguchi store, which has long been popular with the local community, we have created an attractive commercial environment, as well as a variety of gourmet stores selling apparel, cosmetics, daily
necessities, fresh food, and sweets. By having approximately 100 stores, we will further improve the convenience and liveliness of the station area and contribute to the creation of a vibrant town. We will also work to realize a sustainable society by implementing
environmental measures in cooperation with each store.
“(Tentative name) Kawaguchi Station Commercial Facility Plan” Exterior renewal image
*Overview of “(tentative name) Kawaguchi Station Commercial Facility Plan”* Address: 3-5-1 Sakaemachi, Kawaguchi City, Saitama Prefecture Site area: Approximately 8,900 square meters (approximately 2,700 tsubo) Structural scale Steel-frame reinforced concrete construction, reinforced concrete construction, 11 floors above ground, 2 floors underground
Total floor area approximately 68,800 square meters (approximately 20,800 tsubo) Store area: Approximately 21,500 square meters (approximately 6,500 tsubo) Number of stores: Approximately 100 stores
Directly connected to Kawaguchi Station on the JR Keihin Tohoku Line via pedestrian deck
Schedule Construction start date: August 2024
Opening: Spring 2025 (planned)
Business owner Mitsui Fudosan Co., Ltd.
Design company Taisei Corporation
Construction company Taisei Construction Co., Ltd.
Environmental Design Space Co., Ltd.
*Location map*
*About the sustainability of the Mitsui Fudosan Group*
The Mitsui Fudosan Group is committed to creating social value and creating economic value based on the & mark philosophy of “creating new value through symbiosis, coexistence, and co-creation, and continuing to take on challenges to achieve this goal.” We believe that creating social value leads to the creation of economic value, and that we can use that economic value to create even greater social value.
In addition, when formulating the new group management philosophy in April 2024, “GROUP
MATERIALITY (priority issues)” are “1. Contribution to industrial competitiveness,” “2. Coexistence with the environment,” “3. Health and vitality,” “4. Safety and security,” and “5. We have identified six areas: “Diversity & Inclusion” and “6. Compliance and Governance.” We will address these material issues through our core business and contribute to sustainability.
[Reference]
・“Group long-term management policy formulation”
https://www.mitsuifudosan.co.jp/corporate/innovation2030/
・”Group materiality”
https://www.mitsuifudosan.co.jp/esg_csr/approach/materiality/