Meiji University and Takenaka Corporation have signed a fixed-term building lease agreement for the Yamanoue Hotel in Tokyo, Japan.
The Yamanoue Hotel has been closed since February 13, 2024, due to aging facilities. In November of the same year, Meiji University acquired the land and buildings and announced that it would carry out redevelopment as part of the university’s 150th anniversary project. The lease term is approximately 18 years, excluding the renovation period.
Renovation work will begin with the aim of reopening around the summer of 2027. The property will be reborn as a classic hotel equipped with guest rooms, restaurants, and banquet halls. The hotel’s new name and operating company will be announced at a later date.
In addition, the former operating company Yamanoue Hotel has been made a subsidiary of Wise Table Corporation. It operates the Japanese restaurant “Tempura Yamanoue,” and going forward will expand its store openings and strengthen the group’s Japanese cuisine business.
Notice
This article was generated using automatic translation by GPT-4 API. The translation may not be accurate.
