Jp¥online 繁中简中EN2026/07/24

Mitsui Fudosan Towns That Improve With Age: How Kashiwanoha Keeps Winning Mega Projects

Source: 東洋経済オンライン· Published: 2026/07/24 05:30 JST· Section: REAL ESTATE & TOURISM
Mitsui Fudosan Towns That Improve With Age: How Kashiwanoha Keeps Winning Mega Projects
Illustration: AI-generated (Jp¥online)
# Mitsui Fudosan# Kashiwanoha# smart city# area development
Key Points
  • Kashiwanoha Smart City exemplifies Mitsui Fudosan area-wide development
  • Community building and quality of life anchor district value
  • The aging-well concept has become a weapon for winning large projects
Analysis

Buildings age; Mitsui Fudosan sells the opposite story—districts that improve with time. Toyo Keizai dissects Kashiwanoha Smart City to explain how the developer keeps winning large projects through area-wide development. The core method enlarges the unit of development from a single building to an entire district: academia-government-industry collaboration, energy management, healthcare, education, and retail planned together, with the developer holding and operating core assets long-term so that neighborhood quality collateralizes every property. The moat is time itself—sell-and-leave developers exit, while an area developer's brand appreciates with the district, making landowners and municipalities hand it the next parcel. Practical takeaway for buyers: weight 'who develops and who keeps operating' above unit spec sheets; resale prices in such districts hold up demonstrably better.

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