ベラ ジョン カジノ 出 金 銀行w store in the North Building of Daimaru Shinsaibashi
PARCO CO., LTD.
September 28, 2017
PARCO Co., Ltd. has concluded a basic agreement with Daimaru Matsuzakaya Department Stores Co., Ltd. to lease a portion of ベラ ジョン カジノ 出 金 銀行orth Building of Daimaru Shinsaibashi to open a new commercial facility.
1． About the planned site and the reason for the store opening
The Shinsaibashi district, where Daimaru Shinsaibashi is located, is one of Kansaiベラ ジョン カジノ 出 金 銀行squo;s iconic commercial districts. Shinsaibashi is a prime location in Osaka, featuring distinctive shopping areas like the Midosuji and Shinsaibashisuji shopping streets, and other distinctive districts including America-mura, Minami Semba, and Horie. Amid a background of increasing foreign visitors to Japan, the Osaka area is well-positioned as a prime location for cultivating new inbound demand.
Daimaru Shinsaibashi is composed of three buildings (the Main, North, and South Buildings) and thirteen peripheral stores, with the Main Building currently being reconstructed and scheduled to reopen in autumn 2019. PARCO plans to lease the space in ベラ ジョン カジノ 出 金 銀行orth Building from the second basement level up to the seventh floor (excluding certain areas which are outside of the lease agreement) and develop a new commercial facility. ベラ ジョン カジノ 出 金 銀行ew opening will follow a full renovation of ベラ ジョン カジノ 出 金 銀行orth Building set to take place after the reopening of the Main Building.
While PARCO operates two ZERO GATE stores in the Osaka area, there is no PARCO store currently open. The opening of ベラ ジョン カジノ 出 金 銀行ew facility in Shinsaibashi is a key component of PARCO’s FY2017-21 Medium-term Business Plan, specifically the tactic to “Evolve the store brand”. It will also further advance group synergy, following the joint project to open PARCO_ya in the Ueno Frontier Tower of Matsuzakaya Ueno, by opening a new store in a key area of J. Front Retailing Group’s Urban Dominant Strategy. Preparations for the launch are underway to ensure that ベラ ジョン カジノ 出 金 銀行ew store will fulfill ベラ ジョン カジノ 出 金 銀行eeds and expectations of local consumers and capture the essence of Shinsaibashi as an iconic commercial district in the Kansai region.
As of October 1, 2017, the “New business projectベラ ジョン カジノ 出 金 銀行dquo; listed by PARCOベラ ジョン カジノ 出 金 銀行squo;s New Business Planning Division will be renamed to “Shinsaibashi store preparation office,ベラ ジョン カジノ 出 金 銀行dquo; and store planning and tenant leasing will proceed accordingly.
Further details about planned facilities will be announced as they are decided.
2． Building overview
| Address | 1-8-3 Shinsaibashisuji, Chuo-ku, Osaka |
| Scale (North Building) | B2F-14F |
| Floor area (North Building) | 58,477.47m2 |
| PARCO lease portion | B2F-7F (excluding some areas) |
| PARCO floor space | Approx. 22,000m2 |
| Investment amount | Approx. ￥4.0 billion (planned) |
| Opening | FY 2021 Spring (planned) |
3. Outlook
No significant effect is expected for the current financial period (the year ended February 2018)
