A leading Chinese television production and distribution company recently announced that they will be developing a luxury resort condominium in Otaru, Hokkaido. The project will be marketed to wealthy Chinese.
HaiRun Movies & TV plan to build a 9-storey building containing 22 condominium apartments, a restaurant, pool, sauna, and party room. Each apartment will have its own private open air bath (rotenburo).
Previous reports have suggested that apartments in the Hairun Otaru Kokan Project (aka One Ocean Green) will range in size from 110 ~ 300 sqm (1184 ~ 3228 sqft).
Earlier this year, HaiRun announced that they would be investing 3 billion Yen into the project which initially had a completion date in Winter 2014. However, construction has been postponed until Spring 2014, with completion expected in mid-2016.
The 3,100 sqm development site is located on an elevated position near the waterfront in Hariusucho.
HaiRun is also developing a resort in Kutchan.
The Yomiuri Shimbun, December 14, 2013.
The Hokkaido Shimbun, December 11, 2013.
The Nikkei Shimbun, March 26, 2013.
28 total views, 3 views today