Lead Real Estate Co., Ltd Announces Plan of New Hotel, ENT TERRACE TSUKIJI 6 CHOME, where the Urban Development Project of the Decade in Tokyo is Taking Place

Company Overview - Lead Real Estate Co., Ltd is a Japanese real estate developer specializing in luxury residential properties, including single-family homes and condominiums across Tokyo, Kanagawa prefecture, and Sapporo [3][8] - The company also operates hotels in Tokyo and leases apartment units to individual customers in Japan and Dallas, Texas [8] Project Announcement - The company announced plans for the construction of an extended stay hotel named ENT TERRACE Tsukiji 6 Chome, located in Tsukiji, Chuō-ku, Tokyo [3][4] - The hotel will feature 8 rooms, constructed from reinforced concrete, with 9 floors above ground, covering a building area of 6,698 square feet and a land area of 1,016 square feet [4] Location and Community Development - The hotel is situated in Tsukiji, an area known for its world-class restaurants and historical significance as the site of the world's largest fish market [5] - The project is part of the ongoing Tsukiji District Community Development Project initiated by the Tokyo Metropolitan Government in March 2022, aimed at transforming Tsukiji into a "waterfront city" [5][8] Project Details - The project site covers an area of 19 hectares with an estimated total construction cost of 600 million dollars [8] - The development will include a multifunctional super facility with a capacity for approximately 50,000 people, a new subway station, and boat transportation facilities [8]