Nomura is working together with seven other local companies, the conglomerate plans to build a whopping terminal, via a public-private partnership called "Yokohama Pier9”. The possibility of this
"We think Nomura Real Estate Development building strong relationships with retail, warehousing, and port companies in Yokohama might be a foundation for participating in integrated resort projects in Yokohama in future,” wrote Nomura analysts Daisuke Fukushima and Kentaro Maekawa. The term "integrated resort” or "IR” is typically a euphemism in Japan and elsewhere for a large-scale venue with a casino and other tourism facilities.
Yokohama Pier9 will be composed of five stories filled with entertainment, retail and restaurant facilities and is scheduled to open in the spring of 2019. An expected floor area of 28,600sqmt, assures there will be plenty of space to eventually add a casino when Japan government’s second bill finally passes.
Source: GMB / Innovate Gaming
