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Developer gives up on plan to construct major theme park on returned land in Yokohama 

  • May 27, 2021
  • , Asahi evening edition
  • JMH Summary

Thursday evening’s Asahi wrote that Sotetsu Holdings, a Yokohama-based holding company of a group of businesses related to transport, real estate, hotels, and other fields, has given up on its plan to construct a major theme park like Tokyo Disneyland on the land returned to Japan from the U.S. military in 2015 in the western region of Yokohama. The U.S. military’s Kamiseya Communications Station used to be located there. According to the paper, discussions are underway for a major real estate company to take over the plan. Sotetsu discussed the possibility of the joint operation of the envisaged theme park with major American film companies but they failed to reach an agreement. The paper wrote that although the city government of Yokohama is planning to pour public funds into the development of the area, it has become unclear whether the theme park project will be realized. This morning’s Nikkei ran a similar report.  

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