Mitsui Fudosan : First LaLaport in Kyushu to Open on Former Site of Fukuoka City Fruit and Vegetable Market Mitsui Shopping Park LaLaport FUKUOKA to Open in April 2022 - A Food Marche Emerges to Carry On Memories of the Old Fruit and Vegetable Market -

October 19, 2021

For immediate release

Mitsui Fudosan Co., Ltd.

Kyushu Electric Power Co., Inc.

Nishi-Nippon Railroad Co., Ltd.

First LaLaport in Kyushu to Open on Former Site of Fukuoka City Fruit and Vegetable Market

Mitsui Shopping Park LaLaport FUKUOKA to Open in April 2022

- A Food Marche Emerges to Carry On Memories of the Old Fruit and Vegetable Market -

Tokyo, Japan, October 19, 2021 - Mitsui Fudosan Co., Ltd., a leading global real estate company headquartered in Tokyo, Kyushu Electric Power Company, Inc. (Kyuden) and Nishi-Nippon Railroad Co., Ltd. (Nishitetsu) announced they have decided to open Mitsui Shopping Park LaLaport FUKUOKA (LaLaport FUKUOKA) in April 2022 on the former site of the Fukuoka City Fruit and Vegetable Market Site (hereinafter, the "old fruit and vegetable market"), where a project is ongoing.

LaLaport FUKUOKA will see the emergence of a food marche to carry on the memories of the old fruit and vegetable market and communicate the various charms of foods from Kyushu, including Fukuoka. A lineup of approx. 20 stores will appear at once with its core comprising the Reganet DAILY ENTERTAINMENT SQUARE, in which Nishitetsu Store Inc. is involved, and MARKET 351, which is operated by a wholesale intermediary that had longstanding involvement in the old fruit and vegetable market. Other tenants such as TOHO CINEMAS LTD. and BAYCREW'S CO., LTD. are among the collection of stores to be enjoyed by a wide range of ages in this new base for Fukuoka.

Perspective image of the food marche

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In the lead-up to the opening, Mitsui Fudosan will also move ahead on recruiting members of the Mitsui Shopping Park Point Service for use at retail facilities operated by the Mitsui Fudosan Group nationwide and on Mitsui Shopping Park &mall, the official Mitsui Shopping Park online shopping website. Mitsui Fudosan has plans for various benefits for new members in the run-up to the opening of LaLaport FUKUOKA, such as bonus points immediately usable to enjoy shopping on &mall and advance invitations to events.

Moreover, LaLaport FUKUOKA is also expected to provide new employment for over 3,000 people. With the aim of creating comfortable working environments, facilities such as an employee rest area paying attention to facility and design have been established in addition to the launch of the LaLaport FUKUOKA Recruitment Center, which will support the recruitment of employees for stores, and will start a series of recruiting activities with joint information sessions from November.

Names of some of the stores have been announced in advance, ahead of stores' recruiting activities. Names of stores and details of facilities not announced this time are scheduled for disclosure at a later date.

Mitsui Shopping Park Point Service

The Mitsui Shopping Park Point Service is a valuable, convenient point service that allows customers to earn and use Mitsui Shopping Park Points at retail facilities operated by the Mitsui Fudosan Group nationwide and

on Mitsui Shopping Park &mall, the official Mitsui				Facilities
		Stores inside applicable
Shopping Park online shopping website.
		Mitsui Fudosan Group
						facilities
	There are two types of point cards based on different
styles of use: the Mitsui Shopping Park Card (Saison; a		Earn points
				Both cards
point card with credit card functionality), which will		with both				usable!
	cards!
never charge an annual fee and provides numerous
usage benefits, and the Mitsui Shopping Park Point Card
(no credit card function).
	For details, please refer to the website (in Japanese).
	https://mitsui-shopping-park.com/msppoint/
			Every ¥100 (not including tax) purchased using a Mitsui Shopping Park Card
							(Saison) earns 2 points
			Every ¥100 (not including tax) purchased using a Mitsui Shopping Park Point
								Card earns 1 point

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Mitsui Shopping Park &mall

&mall is the official Mitsui Shopping Park online shopping website, with approx. 400 shops taking part. Handled products include not only fashion, but also cosmetics, interior goods, lifestyle sundries and items for babies and children, and since its launch in 2017, the website has evolved into an e-commerce site related to all lifestyles. Moreover, there is a full range of peripheral functions leveraging ICT, such as showrooming and RFID.

LaLaport FUKUOKA plans to set up an &mall DESK, a base for picking up products purchased through &mall and fitting services.

LaLaport FUKUOKA will also promote omnichanneling to

enable customers seamless use of both brick-and-mortar facilities and &mall. Please see the website for details.

https://mitsui-shopping-park.com/ec/

Omnichanneling

Brick-and-

mortarOnline

Customer

Live Commerce

Live streaming of products that store employees recommend and can be bought on &mall.

Showrooming

Hands-free shopping where customers can look at actual products in brick-and-mortar stores and buy them on &mall.

Receive products bought at brick-and-mortar stores or on &mall, try them on, and exchange or return them.

Chatbot

AI responds to general questions from customers, eliminating the labor of emailing or phoning.

RFID tags on products throughout the facility are read and linked as inventory that can be sold on &mall.

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Plan Overview

Developer		Hakata Nakaroku Kaihatsu Special Purpose Company
Location		23-1 Naka 6-chome,Hakata-ku,Fukuoka-shi, others
Site area		Approx. 932,100 ft2 (approx. 86,600 m2)
Structure		Store building: Steel frame construction, 5 floors above ground, 1 floor below ground
	Multi-story parking decks: Steel frame construction, 7 floors above ground, 2 buildings, etc.
Total floor area		Approx. 2,221,700 ft2 (approx. 206,400 m2) * Includes multi-story parking decks
Number of		Approx. 3,050
parking spaces
Access		9 minutes on foot from Takeshita Station on the JR
		Start of construction: November 2020
Schedul		End of construction: March 2022
		Opening: April 2022
Design company		Takenaka Corporation
		Store building: Joint construction group formed by Takenaka Corporation, Nankai Tatsumura
Construction		Construction Co., Ltd., Nishitetsu Construction Co., Ltd., Kobayashi Kensetsu Co., Ltd. and
companies		Sakashita Kensetsu Co., Ltd.
		Multi-story parking decks: Daiwa Lease Co., Ltd.
		Exterior: NONSCALE CORPORATION
Design		Landscape: STGK Inc.
		Interior: TANSEISHA Co., Ltd.
Operation and		Mitsui Fudosan Retail Management Co., Ltd.
management
Teaser site		https://mitsui-shopping-park.com/lalaport/special/fukuoka/
		Reference: Previous news releases
	https://www.mitsuifudosan.co.jp/english/corporate/news/2021/0713/
		https://www.mitsuifudosan.co.jp/corporate/news/2021/0816/(Japanese)
	https://www.mitsuifudosan.co.jp/corporate/news/2021/0915_02/(Japanese)

* The initiatives covered in this press release are contributing to three of the UN's SDGs.

Goal 8 Decent Work and Economic Growth

Goal 11 Sustainable Cities and Communities

Goal 17 Partnerships for the Goals

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