Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Kenji Morita; hereinafter "the Company") announced that, the development of a Neighborhood Shopping Center (NSC)* in the city of Higashimurayama in Tokyo, construction of MCUD Retail Higashimurayama was completed on April 30, 2026.

*Neighborhood Shopping Center (NSC) is a term used by Mitsubishi Corporation Urban Development for a relatively small-scale shopping center with a supermarket as its core tenant, serving nearby residential areas as a commercial center.

The facility is a two-story NSC with a supermarket as its core tenant. In its development, the Company aimed to create a NSC closely aligned with everyday needs, with a composition of stores suited to everyday patronage and abundant parking on the 1st and 2nd floors of the premises. This facility will serve as a community retail facility that enhances the convenience of living in the area, housing the supermarket Beisia as its core tenant, the drugstore Matsumotokiyoshi, and other stores that will make local lifestyles more convenient. The Beisia and Matsumotokiyoshi stores are scheduled to open on May 20, 2026.

The facility is located in a quiet residential neighborhood surrounded by the nature of the Musashino area, 14-minute walk from Higashimurayama Station on the Seibu Shinjuku Line. Near Higashimurayama Station, construction work is underway to elevate the railway and remove railroad crossings on the north-south Metropolitan Route 16 (known as Fuchu Kaido) and the east-west Metropolitan Route 129 (known as Taka no Michi) to eliminate local traffic jams. In parallel with this construction work, the East Exit Station-front plaza is undergoing renewal work that is expected to further ramp up commercial and community activity at the facility.

Taking “To nurture the future of urban spaces through our power to imagine and realize change” as its stated Purpose, Mitsubishi Corporation Urban Development, Inc. engages in real estate and urban development unbound by convention, primarily in the industrial, retail, and entertainment domains. In the industrial domain, the company works in the area of dry logistics warehouses as well as the development of automated and other refrigerated and frozen warehouses, multi-tenant life sciences R&D facilities (iPark Kobe), and multi-tenant manufacturing/R&D facilities under the innoba brand. In the retail and entertainment domains, the company engages in the development of urban commercial facilities, Neighborhood Shopping Centers (NSCs), and hotels, as well as event projects at Yokohama Red Brick Warehouse and other sites. The company also undertakes large-scale urban development centered on arenas and other features.

Fully leveraging the comprehensive strengths of the Mitsubishi Corporation Group, which interfaces with a vast range of industries and customers in Japan and overseas, Mitsubishi Corporation Urban Development will continue to open up the potential of cities together with customers and partners.