Seibu Holdings has sold a portion of the land where the former Toshimaen amusement park was located.
The land, measuring 20,549.43 square meters, was transferred to Tokyo Metropolitan Government to support the Tokyo Urban Planning Park No. 5・5・10 Nerima Castle Ruins Park Project. The gain on sale amounts to 4.7 billion yen. The transfer price and book value are not disclosed.
Toshimaen, which opened in 1926, was an amusement park. The area around Toshimaen was designated as the urban planning park ‘Nerima Castle Ruins Park’ in 1957 and was designated as a priority area for the development of parks and green spaces as evacuation sites and disaster prevention bases in 2011. Following an agreement signed with Tokyo and others for the development of the Urban Planning Nerima Castle Ruins Park and considering future land use plans, the park was closed in August 2020.
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