Luxury rental apartment project near Canal City paused
Plans for a luxury mixed-use development next-door to Fukuoka’s Canal City might be put on hold due to a labor shortage and rising construction costs. The now-closed Canal City Hakata East Building opened in 2011 as a retail complex. Initially, tenants included many international fast fashion brands.Read more
Ace Hotel coming to Fukuoka
After opening its first Asian location in Kyoto in 2020, Fukuoka has been selected as Ace Hotel’s second location. The hip Seattle hotelier will take up 8 floors in a mixed-use building under construction in Tenjin.Read more
Fukuoka’s Island City has sold out
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Island City in Fukuoka has sold out, and it only took 28 years. The city-developed manmade island was created in Hakata Bay in 1994. The deficit at the time of completion was 18 billion Yen, but Fukuoka City was expecting land sales to result in a 12.5 billion Yen profit.