Akihabara News (Tokyo) — Major real estate developer Mitsui Fudosan is deepening its support for Japan’s startup community, announcing that it is expanding its workspace offering to a seventh location near Tokyo Station.
The new location, which will be called The E.A.S.T. Nihonbashi 1-Chome, is scheduled to open on July 1. Like the six existing locations, it is within walking distance of Tokyo Station, as well as the Ginza district. This new location will be located on the fifth floor of a building which is directly connected to Nihonbashi Station.
Mitsui originally launched its “co-creation project” 31Ventures in 2015 in order to become directly involved in promoting and sometimes partnering with Japanese startups. This has included facilitating meetings between innovative firms and offering funding to those startups which the company regards as the most promising.
The flagship workspace is The E.A.S.T. Nihonbashi Tomizawacho, which opened in April last year.
The seventh location at Nihonbashi 1-Chome–which like its predecessors is aimed at “adult entrepreneurs”–will feature shared spaces, private offices, two meeting rooms, and five “web booths.” The latter two features are operated under an hourly pay-as-you-go system.
Prospective tenants will be screened in an attempt to ensure that only promising ventures are allowed to enter.
The name The E.A.S.T. refers to the east side of Tokyo Station, where Mitsui Fudosan owns a great deal of property.
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