Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Kenji Morita) announces that it has acquired land for the development of its innoba shared manufacturing/R&D facility in Minamikurokawa, Asao-ku, Kawasaki, Kanagawa Prefecture. Completion of the work is scheduled for the autumn of 2027.

The brand name "innoba" is coined from "innovation" and the Japanese word "basho" (place), expressing a place where innovation is born.
innoba is a facility that meets the widely diverse leasing needs of companies engaged in manufacturing, R&D, or other business types for which general office spaces present difficulties in leasing. innoba also contributes to resolving societal issues such as the aging of existing manufacturing/R&D facilities. Phase 1 of the Series, innoba Ota, opened in 2023 in Ota-ku, Tokyo, an area in which many manufacturing firms are concentrated. The new development in Kawasaki will mark Phase 2 of the Series.

innoba's entrance and corridor widths are designed with consideration of loading paths for tenants' equipment. With a shared area that houses a rest space, meeting rooms, and cargo sorting parking lot, as well as private areas offering greater floor load and electrical power capacities than general leased offices, the space meets the multi-use needs of companies engaged in manufacturing, R&D, or other business types for which general office spaces present difficulties in leasing.

innoba supports business expansion and corporate value enhancement tailored to the needs of tenants by facilitating interaction among tenant companies and outside companies as well as networking with outside experts in numerous fields. Incubation-related support is also possible to meet the needs of new companies and small and medium enterprises.

innoba is a privately operated facility and places no restrictions on period of occupancy.

The planned site is located in the Kawasaki's Microcomputer Kawasaki City district, which actively attracts manufacturing and R&D firms and hosts a concentration of R&D functions. Just a 3-minute walk from Kurokawa Station on the Odakyu Tama Line and a 10-minute walk from Wakabadai Station on the Keio Sagamihara Line, it enjoys excellent access via two train lines. Its 5.9-km proximity to Chuo Expressway Inagi Interchange makes the site favorable for both commuting and transport.

innoba is a business that contributes to regional industrial promotion measures. Mitsubishi Corporation Urban Development positions innoba as connecting to "Support for the Creation and Revitalization of Appealing Regions and Communities," a material issue specified in the company's Sustainability Policy. The company will continue providing support for industrial promotion measures in cooperation with local governments, with the aim of continuously contributing to the advancement of local communities.