Nov. 08, 2022Marubeni Corporation
Marubeni Corporation (hereinafter “Marubeni”), as a member of the group represented by Tokyu Corporation (hereinafter “the Group”), was selected as the successful bidder in the general public tender for the “Redevelopment and Operation of Todoroki Ryokuchi Project” (hereinafter “the Project”) publicly solicited by Kawasaki City. The Project aims for the “realization of a future vision for the new Todoroki Ryokuchi” shown in the “Implementation Plan for Redevelopment of Todoroki Ryokuchi” formulated by Kawasaki City.
The Group consists of companies rooted in the local community, companies that have excellent track records in public infrastructure operations, and companies that have excellent track records in designing and constructing large-scale sports facilities; all these companies have come together to work on the Project. As the next step, the Group will proceed with preparations for concluding a basic agreement with Kawasaki City. Details of the Project will be announced as they become known in accordance with discussions with Kawasaki City.