Mitsui Fudosan Residential Completes 768-Unit Supertall Tower at Makuhari Bay Park

“Makuhari Bay Park Risegate Tower,” being promoted jointly by Mitsui Fudosan Residential and six other companies, was completed on Feb. 24, 2026, with unit handovers to residents beginning the following day, Feb. 25. The property is a 38-story, 768-unit supertall, seismically isolated tower condominium, marking the fifth phase of “Makuhari Bay Park,” one of the Tokyo metro area’s largest mixed-use residential-and-commercial developments spanning more than a decade.

The tower is a 16-minute walk from JR Keiyo Line’s Kaihin-Makuhari Station and sits on a site of approximately 5,420 tsubo (approx. 192,861 sq. ft.). A single-story, wood-structure retail component is also planned on-site, with a Japanese restaurant, “Tsunaguba,” scheduled to open in April.

Makuhari Bay Park was planned as a “work, live, learn, and play” mixed-use community centered around Wakaba 3-chome Park, modeled after Portland, Oregon. With this completion, approximately 3,457 units have been delivered to date—about 70% of the overall plan of roughly 5,000 units—bringing the full buildout closer. Phase 6, “Bloom Terrace Tower” (650 units, 42 stories), is slated to launch its first sales phase in late April. In the same area, Hulic is also planning a large-scale arena with roughly 20,000 seats targeted to open in 2030, and synergies with sports and entertainment demand are anticipated (see related article: “Hulic to Develop Large-Scale Arena at Chiba Prefectural Makuhari Park”).

Makuhari Bay Park Development Timeline

Delivered to date: 3,457 units. Phase 6 “Bloom Terrace Tower” (650 units, 42 stories) is scheduled to begin first-phase sales in late April.

Key Facts

• Property Name: Makuhari Bay Park Risegate Tower

• Developers: Mitsui Fudosan Residential Co., Ltd.; Nomura Real Estate Development Co., Ltd.; Mitsubishi Jisho Residence Co., Ltd.; ITOCHU Urban Development Co., Ltd.; Toho Jisho Co., Ltd.; Fujimi Jisho Co., Ltd.; Sodegaura Kogyo Co., Ltd.

• Address: 3-1-13 Wakaba, Mihama-ku, Chiba City, Chiba Prefecture (lot number)

• Access: JR Keiyo Line “Kaihin-Makuhari” Station — 16-minute walk (North Exit) / 14-minute walk (Park Ticket Gate, 7:00–22:00)

• Completion: Feb. 2026

• Number of Floors: 38F / B0

• Site Area: Approx. 5,420 tsubo (approx. 192,861 sq. ft.)

• Unit Mix: 2LDK–4LDK

• Unit Size: 63.14–111.68 sq. m (approx. 680–1,202 sq. ft.)

• Total Units: 768

• Design & Construction: Kumagai Gumi Co., Ltd.