#Japan #Fukuoka #Fukuoka City #Asahi Beer #Kyushu Railway

Significant Property Acquisition in Hakata City

On February 4, 2026, a consortium led by Kyushu Railway Company and including Nittetsu Kowa Real Estate Co., Ltd. and JA Mitsui Lease Kyushu Co., Ltd. formally signed a sale and purchase agreement with Asahi Beer Co., Ltd. to acquire a substantial piece of land in the heart of Hakata, Fukuoka Prefecture. This area, known for its vibrant local culture and strategic location, holds immense potential for future development.

Key Details of the Acquisition

• - Location: 3-5 Takeshita, Hakata, Fukuoka City, Fukuoka Prefecture
• - Site Area: 126,200 square meters (approximately 38,180 tsubo)
• - Contract Date: February 4, 2026
• - Expected Handover Date: December 2029 (tentative)
• - Development Plans: To be determined

The acquisition of the site, formerly used for Asahi Beer’s Hakata Brewery, symbolizes an exciting opportunity for revitalization and development in this bustling area. The land's significant size provides ample space for various potential projects, emphasizing a blend of commercial, residential, and recreational facilities.

Commitment to Community Development

Kyushu Railway Company and its partners are committed to collaborating with local stakeholders, including Fukuoka City officials. Drawing from their extensive knowledge and expertise in urban development, the consortium aims to enhance the attractiveness and livability of the Takeshita Station area. This initiative aligns with broader goals to stimulate economic growth and improve residents' quality of life through innovative urban planning.

In the coming years, the development will prioritize community input, ensuring that the new projects resonate with the needs and desires of local residents. Furthermore, by leveraging existing infrastructure and promoting sustainable practices, the consortium aspires to create a harmonious and thriving community space.

Looking to the Future

As the project progresses, more details regarding specific development plans will be announced. The consortium intends to actively engage with the local populace and stakeholders at each stage, fostering transparency and inclusivity.

The planned timeframe for handover in December 2029 provides ample opportunity for careful planning and execution, allowing the team to craft a vision that incorporates modern amenities while respecting the historical and cultural heritage of Hakata City.

This acquisition marks a significant step for Kyushu Railway Company and its partners, as they aim to leave a lasting positive impact on this iconic Japanese city. With a strong commitment to enhancing urban environments and elevating local traits, the consortium is poised to contribute significantly to Hakata’s urban landscape, setting a precedent for future developments in the region.

Stay tuned for more updates as we track the journey of this promising project and its implications for Fukuoka's future.