On May 21, 2020, hotel developer and operator APA Group held the groundbreaking ceremony for a 1,001-room hotel and 212-unit condo development in Niigata City. This will be among the largest mixed-use hotel and residential development in East Japan. The 19-story hotel is scheduled to be completed by March 2022, with the apartments to be ready by the following August. Hotel facilities will include a large bath, outdoor rotenburo bath, pool, and gym. Apartment owners will be able to access these facilities at a discounted price. APA is developing similarly-sized projects in thirteen locations across Japan, including Ishikawa and Toyama prefectures. Although the current coronavirus pandemic is having a devastating impact on hotels and hospitality providers, APA has a 30-50 year outlook for their developments.
The site is located in the Bandai district. APA acquired the land from Panasonic in 2006.
For more on this story, go to Japan Property Central.