Mitsubishi Corporation Urban Development, Inc. (Location: Chiyoda-ku, Tokyo; President & CEO: Masahito Tamura) announces that it has completed construction of innoba OTA, developed as the first project in the innoba Series of industry creation/support shared facilities, on August 31, 2023.
In addition, the municipal government of Ota Ward, Tokyo and Mitsubishi Corporation Urban Development signed a partnership and cooperative agreement concerning innoba OTA on September 5, 2023.

Characteristics of the site
Ota-ku is an area of the Tokyo metropolitan region in which manufacturing companies are concentrated. Within Ota-ku, the Rokugodote area in which innoba OTA is located hosts a particularly large concentration of manufacturing businesses. The site is located along the Daiichi Keihin thoroughfare that that connects Tokyo and Kanagawa, and offers convenient access from railway stations, bus routes, and Haneda Airport.

Characteristics of the facility
・Flexible sectioning to meet diverse needs. (Total of 32 sections (approximately 60–230m2) with removable partitions between adjacent sections)
・Facility design that takes into consideration the size, weight, electrical capacity, and other characteristics of machinery used by tenant companies in manufacturing, research, and development.
・Water supply and drainage infrastructure for all sections.
・innoba Hall, a space for relaxation by employees and for interaction with parties inside and outside the facility.

Accelerator program
As a facility that supports manufacturing, innoba OTA plans to offer an accelerator program. The facility will appoint communication managers and will undertake initiatives to support business expansion by tenant companies in partnership with Ota Ward. The facility will also actively tackle ESG (Environment, Social, Governance) issues and contribute to enhancing corporate value.

The "innoba" brand business contributes to support for industrial promotion measures. Our company views the brand as an opportunity that connects to "Support for the Creation and Revitalization of Appealing Regions and Communities," a materiality specified in our Sustainability Policy. (Information on our Sustainability Policy: https://www.mcud.co.jp/sustainability/)
With the aim of contributing to ongoing advancement of local communities, we will continue to support industrial promotion measures in cooperation with local governments. Fully utilizing the Mitsubishi Corporation Group's overseas network and information-gathering capabilities, we will also continue to engage in development projects to provide the market with high-quality income-generating real estate in line with the needs of tenants and investors.