Okumura Corporation (Location: Abeno-ku, Osaka; President and Representative Director: Takanori Okumura) and Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Kenji Morita; hereinafter “Mitsubishi Corporation Urban Development”) announce that they began construction of a new logistics facility on September 1, 2026, at the project site in Hirano-kita, Hirano-ku, Osaka-shi, Osaka Prefecture (hereinafter the “project site”). Completion of the logistics facility is scheduled for the winter of 2028.

Under this project, Mitsubishi Corporation Urban Development is developing retail and logistics facilities on land leased from Okumura Corporation.
Following the start of construction on the retail facility in September 2025, construction has now begun on the logistics facility.

The project site is located in the southeastern part of Osaka City and offers excellent access to key logistics hubs in the city. It is approximately 9 km from Osaka Station and approximately 12 km from Osaka Nanko (Osaka South Port), measured in a straight line. The site is also a two-minute walk from Hirano Station on the JR Kansai Main Line. Its proximity to the station and location in an area consisting mainly of low- and mid-rise housing provide an advantage in securing warehouse workers. Okumura Corporation and Mitsubishi Corporation Urban Development will develop a logistics facility that takes advantage of the characteristics of the site.

*1 Cold storage and processing center
*2 Automated cold storage

*3 Project management

Since its founding in 1907, Okumura Corporation has upheld its mission of contributing to society through its business activities, guided by its corporate principles of “steadfast management” and “sincere construction.” While focusing primarily on civil engineering and building construction, the company has developed a wide range of businesses, including real estate, infrastructure management, and renewable energy. Going forward, the company will continue to refine its technical capabilities and respond flexibly to the changing needs of society as it steadily works toward the realization of a sustainable society in which comfortable, safe, and secure living coexists with a beautiful natural environment.

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 cold storage, 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 retail 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.