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    Nintendo acquires Kyoto-owned land for development of Corporate Headquarters Development Center, Building No. 2

    Nintendo announced that they’ve acquired Kyoto-owned land for the development of Corporate Headquarters Development Center, Building No. 2. The new building is adjacent to the main Nintendo headquarters and aims to reinforce the company’s R&D (research and development) efforts. Development of the new building is planned to finish by December 2027.

    Read up on the full press release below:

    Nintendo Co., Ltd. (HQ: Kyoto, Minami-ku, Japan; Representative Director and President: Shuntaro Furukawa, “Nintendo” hereafter) today announced that it has been selected as the business operator for effective use of the Kyoto-city owned land (land of former Foundation Support Factory and former Material and Disaster Prevention Center) which was recruited by the city of Kyoto from December 8, 2021. Nintendo will be acquiring and utilizing the land.

    1.  Overview of the acquiring land

      • Location – 11-2-5 Hokotate-cho, Kamitoba, Minami-ku, Kyoto, Japan

      • Site area – 10,028.55㎡ (former Foundation Support Factory: 3,110.91㎡, former Material and Disaster Prevention Center: 6,917.64㎡)

    2. Bidding Price

      • 5,000,000,000 Yen

    3. Usage of the land

      • Facility name – Corporate Headquarters Development Center, Building No. 2 (tentative name)

      • Objective of the facility – R&D reinforcement

      • Floor area – Approximately 38,000㎡

      • Structure and height – 12 floor steel framed building, approximately 72m of height

      • Planned completion date – December 2027

    Perspective drawing of “Corporate Headquarters Development Center, Building No. 2” (tentative name)

    Nintendo Corporate Headquarters Development Center, Building No. 2

    Along with the R&D investments and capital investments, Nintendo believes acquiring and utilizing this land will carry an important role on reinforcing its R&D.

    Stay tuned at Final Weapon for the latest Japanese gaming news and updates!

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    Soul Kiwami
    Raul Ochoa, a.k.a. Soul Kiwami, is the Deputy Editor in Chief of Final Weapon. With a passion for the Japanese gaming industry, Raul is a huge fan of Nintendo Switch, PC hardware, JRPGs and fighting/action games. business email: [email protected]

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