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Overview of Minato Mirai 21 District Business

Last update date April 1, 2024

Business Purpose

1.Strengthening the independence of Yokohama

The city center of Yokohama was divided into the Kannai and Isezakicho districts and the area around Yokohama Station. The Minato Mirai 21 district integrates these two central cities and integrates a variety of functions such as offices, cultural facilities, and commercial facilities. In this way, we will create a place for employment and liveliness for citizens, and strengthen the independence of Yokohama by revitalizing the economy and establishing an economic base.

2.Quality Transformation of Port Functions

We will develop parks and green spaces such as Rinko Park (Seaside Park) and Nippon-Maru Memorial Park on the seaside to create a waterfront space where citizens can relax and enjoy. In addition, international exchange functions and port management functions will be integrated.

3.Dividing business functions in the Tokyo metropolitan area

With the aim of achieving balanced development in the Tokyo metropolitan area, we aim to accumulate and expand functions such as business, commerce, and international exchange as the largest saucer for sharing the capital functions concentrated in Tokyo.

Plan frame

Plan frame
Working Population190,000
Resident population10,000
Land use186 hectares
  • Residential land: 87 hectares
  • Roads and railway sites: 42 hectares
  • Parks, green spaces, etc.: 46 hectares
  • Wharf site: 11 hectares
Business PeriodFrom FY1983 (Showa 58)

Recent situation

Land readjustment project
Completed in March 2011

Block development (as of April 1, 2024)
Total residential land area
About 87 ha
Full-scale useProvisional use
Completed
Open
Under constructionUnder planTotalIn useUnder constructionUnder planTotal
Development area
Approx. 86.3ha
About 76.0haAbout 1.2ha

About 4.5ha

Approx. 81.7haAbout 4.6ha0.0ha

0.0ha

About 4.6ha
Progress rate
Approx. 98.6%

Approx. 86.9%

Approx. 1.3%Approx. 5.2%Approx. 93.4%Approx. 5.2%0.0%0.0%Approx. 5.2%

For the Minato Mirai 21 development status map, go to the Minato Mirai 21 district overall map (Minato Mirai 21 district block development status) page

Number of Offices
end of 2023end of 2022end of 2021end of 2020End of Heisei 31 (Reiwa 1)end of 2018
Approximately 1,930 companiesApproximately 1,890 companiesApproximately 1,850 companiesApproximately 1,820 companiesApproximately 1,820 companiesApproximately 1,810 companies
Number of visitors (estimated)
2023202220212020Heisei 31 (Reiwa 1)2018
Approximately 77.3 millionApproximately 66.8 millionApproximately 61.5 millionApproximately 60.4 millionApproximately 83.4 millionApproximately 83 million
Contribution to finance (city tax revenue)
202220212020Fiscal Year 31 (Reiwa 1)20182017
¥21.0 billionApprox. ¥18 billionApprox. ¥18 billionApprox. ¥17.5 billionApprox. ¥17 billionApprox. ¥16 billion
Economic ripple effect
ItemsInvestments, etc.Economic ripple effect on the city
Construction investment
(Showa 58-FY2020)
Approx. ¥2,534 billion (cumulative)
[Breakdown]
Infrastructure development = approx. ¥537.8 billion
Building construction = Approx. 1,996.2 billion yen
Approx. ¥3,496.8 billion (cumulative)
Urban operation
(2020)
Approx. ¥2,121.9 billion (annual)
[Breakdown]
Individual consumption = Approx. 504.7 billion yen
Consumption associated with corporate production activities = approx. ¥1,610.9 billion
Event effect = Approx. 6.3 billion yen
Approx. ¥2,084.6 billion (annual)

Recent Major Trends

2019
April Opened Shiseido Global Innovation Center (S/PARK)

2019
July Yokohama Anpanman Kodomo Museum Open
September Opened the Keikyu Group Headquarters Building
October Yokohama Hammerhead Domestic Passenger Liners Terminal Intercontinental Hotel Yokohama Pier8 Open

2020
March Zepp Yokohama Open
April Yokohama Grand Gate Open
April Pacifico-yokohama North Open
July Pia Arena MM Open
September Yokohama Baycourt Club Hotel & Spa Resort
   The Kahara Hotel & Resort Yokohama Open
December Murata Mfg. Minatomirai Innovation Center Open

2021
April Opened Kanagawa University Minatomirai Campus
April Opened the Kanagawa Bureau of Metropolitan Expressway Co., Ltd.

2022
March Yokohama Gate Tower Open
March LG YOKOHAMA INNOVATION CENTER Open 
June Westin Hotel Yokohama
   The Apartment Bay YOKOHAMA Open

2023
April Yokohama Connect Square Open
May Yokohama New Port Joint Government Building Open
September Music Terrace (K Arena Yokohama, Hilton Yokohama, K Tower Yokohama) opened

2024
February Started construction of the 52nd block development project in Minato Mirai 21 Central District
March (tentative name) Start of the Rinko Park (Seaside Park) Project
   Completed Yokohama Sinfo Stage

Inquiries to this page

Urban Development Bureau Central Revitalization Promotion Department Minatomirai and Toshin Nagawa Coastal Promotion Division

Telephone: 045-671-2038

Telephone: 045-671-2038

Fax: 045-651-3164

Email address: tb-mmhigashikanarin@city.yokohama.lg.jp

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Page ID: 321-199-539

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