#United States #Long Beach #Sumitomo Forestry #Tokyo Tatemono #Jefferson Portico

Tokyo Tatemono and Sumitomo Forestry Launch Jefferson Portico in Long Beach, California

In a significant move towards addressing the housing demand in the US, Tokyo Tatemono Co., Ltd. and Sumitomo Forestry Co., Ltd. have officially commenced the construction of the Jefferson Portico project in Long Beach, California. The groundbreaking took place on November 18, 2025, marking their fourth collaborative venture in the United States through their respective subsidiaries, Tokyo Tatemono US Ltd. and the JPI Group.

Project Overview

The Jefferson Portico project boasts a prime location in Long Beach, roughly 40 minutes’ drive from downtown Los Angeles. This modern development will feature commercial facilities on the first two floors, including dining options, while the upper floors will be dedicated to residential units. The project offers a diverse range of apartment layouts from studio apartments to three-bedroom units, catering to the varying needs of individuals and families alike.

To enhance the living experience, Jefferson Portico will incorporate exceptional communal spaces, such as an expansive fitness center, a swimming pool, and a sky deck with stunning views of the Long Beach harbor. Additionally, amenities like a clubhouse, sauna, co-working spaces, and a pet spa will be available, promoting a quality lifestyle for all residents.

Property Details

• - Name: Jefferson Portico
• - Location: 450 the Promenade North, Long Beach, LA
• - Land Area: Approximately 6,394㎡
• - Total Floor Area: Approximately 22,498㎡
• - Structure: 8 floors, podium structure (residential units made of wood frame construction, with parts made of reinforced concrete)
• - Usage: 272 residential units and around 1,750㎡ of commercial space, including 16 affordable housing units
• - Construction Start Date: November 18, 2025
• - Rental Start Date: September 2027
• - Completion Date: March 2028

Location Benefits

Long Beach offers convenient access to major highways like the 710 and 405, making it easy to reach Los Angeles International Airport in about 30 minutes and Long Beach Airport in approximately 12 minutes. The property is also a short walk from the 5th St Station, providing direct light rail service to downtown Los Angeles, enhancing accessibility for residents.

Amidst ongoing redevelopment efforts totaling several hundred million dollars, Long Beach has evolved into a vibrant urban center, featuring a variety of restaurants and retail outlets along the Promenade. Notably, the popular Aquarium of the Pacific is at the core of waterfront development plans. Recent improvements include a new city hall completed in 2019 and a redeveloped library and Lincoln Park in 2022. Future plans involve expanding commercial facilities, housing units, and transportation infrastructure, promising growth in employment and economic activities.

Company Profiles

Tokyo Tatemono aims to evolve into a next-generation developer by 2030, emphasizing overseas business expansion as a key strategy. The current mid-term plan (2025-2027) involves an investment of 110 billion yen in international ventures. With a renewed focus on the US market since its re-establishment in 2023, the company has participated in 11 projects to date, including nine rental housing developments and two logistics facilities.

Sumitomo Forestry entered the US rental apartment development sector in 2018 and has since ranked fourth nationally in new construction permits for apartments as of 2024, with 5,344 units underway. JPI, a subsidiary of Sumitomo Forestry, excels in development, planning, and construction throughout Texas, particularly in the Dallas-Fort Worth area.

As part of their long-term vision, ‘Mission TREEING 2030,’ Sumitomo Forestry seeks to contribute to global decarbonization efforts through sustainable forestry management and wood-based construction initiatives.



As the Jefferson Portico project unfolds, it not only symbolizes an investment in the future of housing in California but also embodies a commitment to enhancing community living through thoughtful architectural design and sustainable practices.