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Shopping mall plans unveiled behind Camp Kinser

Date Posted: 2012-02-17

Developers are forging ahead with design plans for a major shopping mall complex to be constructed on reclaimed land behind the U.S. Marines’ Camp Kinser in Urasoe City.

A joint investment by Singapore’s government real property investment public corporation, GIC Real Estate Japan Company of Tokyo, and Keihan Group’s Commerce Facility Management Keihan Distribution Systems of Osaka say they’ll invest to building the sprawling facility that will house 300 tenants, including name brand stores such as Hello Kitty, and an entertainment complex.

Developers say the project, which will employ about 4,000,will open in 2014. The reclaimed land was created as a part of Urasoe City’s west side seashore development plan. The eight hectares site is also being studied to a site for a high-end hotel targeting a wealthy Okinawan, Japanese and international clientele. Urasoe City says it received an explanation of the development project, including commercial facility concept papers, from Keihan Group last fall.

A spokesman for Urasoe City says “we supposed the facility location will target foreigners and mainland customers, and if realized, will link the growth of Okinawa Prefecture’s economy and the Urasoe City economy. The Keihan Distribution Systems’ spokesman confirmed that “it is true we’re examining the plan, but we haven’t decided the investment scale and the actual number of shops. We’ll estimate demand, an then decide.”

Keihan Distribution Systems operates commercial facilities in the greater Tokyo Metropolitan area, Fukuoka City, and centering on the Kansai area. GIC Real Estate has invested in more than 30 countries, as well as Japan.

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