(Tentative Name) Namba Sennichimae 'Misono Building' Redevelopment Project Initiated
Mitsubishi Corp. Urban Development, Sankei Building, and Marubeni Urban Development have announced the development of a hotel and commercial complex on the former site of the 'Misono Building' in Namba Sennichimae, Osaka. Aiming for an opening in Spring 2031 or later, it is planned to become a new tourist hub in Namba.
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- 📰 Published: April 30, 2026 at 22:00
- 🔍 Collected: April 30, 2026 at 13:31
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Mitsubishi Corp. Urban Development (Location: Chiyoda-ku, Tokyo; President: Kenji Morita), Sankei Building Co., Ltd. (Location: Chiyoda-ku, Tokyo; President: Kazunobu Iijima), and Marubeni Urban Development Co., Ltd. (Location: Minato-ku, Tokyo; President: Kiyoto Kuramoto) are pleased to announce that they will develop a hotel and commercial complex after demolishing the Misono Building located in Sennichimae, Chuo-ku, Osaka City. The opening of this project is scheduled for Spring 2031 or later.
Location Characteristics
This project site is centrally located in the Namba Sennichimae tourist hub, which includes Shinsaibashi Shopping Street and Kuromon Market, and possesses high potential to attract visitors from both Japan and overseas. Additionally, it boasts excellent transportation convenience with multiple railway lines accessible: a 2-minute walk from Nippombashi Station on the Osaka Metro Sennichimae Line and Sakaisuji Line, and Kintetsu Nippombashi Station on the Kintetsu Namba Line. Namba Station, a major station in Osaka, is also within walking distance. Furthermore, the surrounding area is rich in diverse restaurants and entertainment facilities, with a historical background of developing as a regional cultural hub over many years.
Considering this background, this development aims to enhance its appeal as a tourist destination, while inheriting the region's history and promoting new value creation.
Project Outline
Location (Land Number): 2-155-1 Sennichimae, Chuo-ku, Osaka City
Access: 2-minute walk from Nippombashi Station on Osaka Metro Sakaisuji Line and Sennichimae Line
8-minute walk from Namba Station on Osaka Metro Midosuji Line and Sennichimae Line
2-minute walk from Kintetsu Nippombashi Station on Kintetsu Namba Line, 8-minute walk from Osaka Namba Station
Site Area: Approx. 3,500㎡ (Approx. 1,100 tsubo)
Usage: Hotel and Commercial Complex
Construction Start: Spring 2028 or later (planned)
Opening: Spring 2031 or later (planned)
Surrounding Map
About Mitsubishi Corp. Urban Development Co., Ltd.
Mitsubishi Corp. Urban Development is committed to its Purpose, "Fostering the future of cities with conceptual and realization capabilities," and undertakes unconventional real estate and urban development primarily in the industrial and retail & entertainment sectors. In the industrial sector, in addition to dry logistics warehouses, the company focuses on developing refrigerated and frozen warehouses including automated ones, multi-tenant manufacturing and R&D facilities (innoba), and multi-tenant life science R&D facilities (iPark Kobe). In the retail & entertainment sector, the company develops urban commercial facilities, NSC (neighborhood shopping centers), hotels, and also manages event businesses at locations like Yokohama Red Brick Warehouse. Furthermore, it is engaged in large-scale urban development projects centered around arenas.
The company will continue to maximize the comprehensive strengths of the Mitsubishi Corporation Group, which has a wide range of industrial and customer contacts both domestically and internationally, to expand the possibilities of cities together with customers and partners.
Mitsubishi Corp. Urban Development Co., Ltd. Toho Hibiya Promenade Building 7F, 1-5-2 Yurakucho, Chiyoda-ku, Tokyo
President: Kenji Morita https://www.mcud.co.jp
About Sankei Building Co., Ltd.
Since its establishment in 1951, Sankei Building Co., Ltd. has been dedicated to understanding the characteristics of cities and regions and creating business value in response to changes in society and the times. Currently, the company operates in six areas: building business, housing business, hotel resort business, senior business, logistics business, and overseas business, expanding its business areas from Hokkaido to Okinawa and overseas, primarily in the Tokyo metropolitan area and Kansai region.
As a "Culture Developer," the company will continue to propose unique ways to spend time and valuable experiences specific to each location, fostering new cultures that shape the future.
Sankei Building Co., Ltd. 1-7-2 Otemachi, Chiyoda-ku, Tokyo
President: Kazunobu Iijima https://www.sankeibldg.co.jp/
About Marubeni Urban Development Co., Ltd.
Marubeni Urban Development Co., Ltd. began its new journey in July 2025 as a core group company of "Dai-ichi Life Marubeni Real Estate Co., Ltd.", jointly established by Marubeni Corporation and Dai-ichi Life Holdings, Inc. (now Dai-ichi Life Group Co., Ltd.). In addition to its previous residential development business, the company has added non-residential asset development such as hotels and logistics to its lineup, and the new structure, integrating the strengths of both groups, has started operating.
While we have provided continuous value through urban development for about 40 years, this group reorganization marks a significant gear change, akin to a second founding. People's lifestyles and the external environment present new challenges and opportunities through complex interactions of various factors, but our group will continue to strive for new value creation without losing sight of the essentials, contributing to sustainable urban development.
Marubeni Urban Development Co., Ltd. 2-2-3 Toranomon, Minato-ku, Tokyo
Location Characteristics
This project site is centrally located in the Namba Sennichimae tourist hub, which includes Shinsaibashi Shopping Street and Kuromon Market, and possesses high potential to attract visitors from both Japan and overseas. Additionally, it boasts excellent transportation convenience with multiple railway lines accessible: a 2-minute walk from Nippombashi Station on the Osaka Metro Sennichimae Line and Sakaisuji Line, and Kintetsu Nippombashi Station on the Kintetsu Namba Line. Namba Station, a major station in Osaka, is also within walking distance. Furthermore, the surrounding area is rich in diverse restaurants and entertainment facilities, with a historical background of developing as a regional cultural hub over many years.
Considering this background, this development aims to enhance its appeal as a tourist destination, while inheriting the region's history and promoting new value creation.
Project Outline
Location (Land Number): 2-155-1 Sennichimae, Chuo-ku, Osaka City
Access: 2-minute walk from Nippombashi Station on Osaka Metro Sakaisuji Line and Sennichimae Line
8-minute walk from Namba Station on Osaka Metro Midosuji Line and Sennichimae Line
2-minute walk from Kintetsu Nippombashi Station on Kintetsu Namba Line, 8-minute walk from Osaka Namba Station
Site Area: Approx. 3,500㎡ (Approx. 1,100 tsubo)
Usage: Hotel and Commercial Complex
Construction Start: Spring 2028 or later (planned)
Opening: Spring 2031 or later (planned)
Surrounding Map
About Mitsubishi Corp. Urban Development Co., Ltd.
Mitsubishi Corp. Urban Development is committed to its Purpose, "Fostering the future of cities with conceptual and realization capabilities," and undertakes unconventional real estate and urban development primarily in the industrial and retail & entertainment sectors. In the industrial sector, in addition to dry logistics warehouses, the company focuses on developing refrigerated and frozen warehouses including automated ones, multi-tenant manufacturing and R&D facilities (innoba), and multi-tenant life science R&D facilities (iPark Kobe). In the retail & entertainment sector, the company develops urban commercial facilities, NSC (neighborhood shopping centers), hotels, and also manages event businesses at locations like Yokohama Red Brick Warehouse. Furthermore, it is engaged in large-scale urban development projects centered around arenas.
The company will continue to maximize the comprehensive strengths of the Mitsubishi Corporation Group, which has a wide range of industrial and customer contacts both domestically and internationally, to expand the possibilities of cities together with customers and partners.
Mitsubishi Corp. Urban Development Co., Ltd. Toho Hibiya Promenade Building 7F, 1-5-2 Yurakucho, Chiyoda-ku, Tokyo
President: Kenji Morita https://www.mcud.co.jp
About Sankei Building Co., Ltd.
Since its establishment in 1951, Sankei Building Co., Ltd. has been dedicated to understanding the characteristics of cities and regions and creating business value in response to changes in society and the times. Currently, the company operates in six areas: building business, housing business, hotel resort business, senior business, logistics business, and overseas business, expanding its business areas from Hokkaido to Okinawa and overseas, primarily in the Tokyo metropolitan area and Kansai region.
As a "Culture Developer," the company will continue to propose unique ways to spend time and valuable experiences specific to each location, fostering new cultures that shape the future.
Sankei Building Co., Ltd. 1-7-2 Otemachi, Chiyoda-ku, Tokyo
President: Kazunobu Iijima https://www.sankeibldg.co.jp/
About Marubeni Urban Development Co., Ltd.
Marubeni Urban Development Co., Ltd. began its new journey in July 2025 as a core group company of "Dai-ichi Life Marubeni Real Estate Co., Ltd.", jointly established by Marubeni Corporation and Dai-ichi Life Holdings, Inc. (now Dai-ichi Life Group Co., Ltd.). In addition to its previous residential development business, the company has added non-residential asset development such as hotels and logistics to its lineup, and the new structure, integrating the strengths of both groups, has started operating.
While we have provided continuous value through urban development for about 40 years, this group reorganization marks a significant gear change, akin to a second founding. People's lifestyles and the external environment present new challenges and opportunities through complex interactions of various factors, but our group will continue to strive for new value creation without losing sight of the essentials, contributing to sustainable urban development.
Marubeni Urban Development Co., Ltd. 2-2-3 Toranomon, Minato-ku, Tokyo