Kasumigaseki Capital to Manage Sendai Aoba-Dori Hotel Development After Land Sale
Kasumigaseki Capital announced on August 28 that it has sold a development site it owned to an undisclosed buyer and will take on the project management role for the Sendai Aoba-Dori Hotel Project. The sale price was not disclosed.
The planned hotel will rise 10 stories above ground, with a gross floor area of 3,367.14㎡ (approx. 36,238 sq. ft.) and 70 guestrooms. Construction is slated to begin in January 2026, with completion in September 2027 and opening in January 2028.
Key Facts
Project Name: Sendai Aoba-Dori Hotel Project
Buyer: Undisclosed
Seller: Kasumigaseki Capital Co., Ltd.
Transaction Price: Undisclosed
Location: 3-3-27 Ichibancho, Aoba-ku, Sendai-shi, Miyagi Prefecture
Completion: September 2027 (planned)
Number of Floors: 10F
Guestrooms: 70 (planned)
Gross Floor Area: 3,367.14㎡ (approx. 36,238 sq. ft.) (planned)