Posts Tagged “Nara”

HULIC wins bid for hotel development on historic site in Nara

HULIC wins bid for hotel development on historic site in Nara

Japanese real estate company HULIC has been selected to develop a hotel on a historic site within Nara Park. Nara Prefecture received bids from four companies during the month-long public tender process held in January 2017. The 1.3 hectare site was originally home to a sub temple, but sold off to private interests in the late…

Mori Trust to develop luxury hotel near Nara Park

Mori Trust to develop luxury hotel near Nara Park

Mori Trust has won the bid to develop a hotel on the edge of Nara’s Yoshikien Garden and Nara Park. Mori is planning to have architect Kengo Kuma design the buildings, and will be seeking out an international luxury hotel brand to operate the hotel. 

Japan’s first JW Marriott Hotel to open in Nara

Japan’s first JW Marriott Hotel to open in Nara

Mori Trust announced that the Marriott International hotel group will open their first JW Marriott luxury branded hotel in Nara City in 2020. The JW Marriott Hotel Nara will be built on vacant land across the street from the Nara City Hall and near the former Heijo Palace – a UNESCO World Heritage Site. Mori…

Nara Dreamland sold to Osaka real estate company

Nara Dreamland sold to Osaka real estate company

Nara Dreamland, the long-since closed amusement park modelled after California’s Disneyland, was purchased by an Osaka-based real estate company earlier this month for 730 million Yen (5.95 million USD). The buyer, SK Housing, was the only bidder at the public auction. It is unclear what the new owner plans to do with the site.

Nara Dreamland up for public auction for second time

Nara Dreamland up for public auction for second time

Nara City is putting the foreclosed ‘Nara Dreamland’ amusement park up for sale for a second time. The minimum price is again set at 730 million Yen, and bidding is open for 20 minutes on November 10, 2015. The park was first put up for auction in November 2014 with the same minimum price. No…

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