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List Development Signs Tripartite Agreement for "Uraga Station Front Area Revitalization Project," Participating in Large-Scale Mixed-Use Development Project through Public-Private Partnership

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List Development signs a tripartite agreement to participate in the revitalization project for the Uraga Station front area in Yokosuka City.

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Frequently Asked Questions

Q: What is the "Uraga Station Front Area Revitalization Project"?
A: It is a large-scale mixed-use development project aimed at revitalizing the area around Uraga Station in Yokosuka City, Japan. It includes a super yacht marina, residences, hotel, commercial facilities, and cultural/educational spaces, driven by public-private collaboration.
Q: Who are the key parties involved in this project?
A: The key parties are Yokosuka City, Sumitomo Heavy Industries, Ltd., and "Team Perry's," a corporate group led by Index Corporation, which includes List Development Co., Ltd. (LD) as a member.
Q: What is List Development's (LD) role in the project?
A: LD is responsible for a portion of the private land development, specifically planning the development of residences with yacht and cruiser mooring rights in the luxury and villa zones of the marina area.
Q: What is the historical significance of Uraga?
A: Uraga is historically significant as the location where Commodore Perry's fleet arrived in 1853, marking a pivotal moment in Japan's opening to the world.
Q: When is the project expected to be completed or operational?
A: Following surveys and preparations from FY2026-2027 and design/construction from FY2027-2028, phased opening is planned from FY2029 onwards.