Mitsui Fudosan Co., Ltd. (headquartered in Chuo-ku, Tokyo; President & CEO: Shun Ueda) announces that it has participated in the Innovation Square Phase III (tentative name) in Boston, Massachusetts, USA through its U.S. subsidiary Mitsui Fudosan America, Inc. (Mitsui Fudosan United States; Representative: John Kessler). The joint venture will be affiliated with Related Companies, a partner company in the Hudson Yard redevelopment project in Manhattan, New York, and will be Related Beal based in Boston. This is the fourth laboratory and office project in the United States, following the Innovation Square Phase II (Boston, Massachusetts) (sold in 2023), Tolley View (San Diego, CA) and Mission Rock Phase I (San Francisco, CA), which participated in 2021, will be completed in 2026.
For more information, please refer to this press release.