Developer buys land next to Osaka’s Yumeshima

On Friday, the Osaka city government announced that it had sold four lots of land on Sakishima—an island facing across a narrow channel to the anticipated site of the Yumeshima IR—to Ark Real Estate, a local developer. Since the developer plans to construct a 22-story, 600-room hotel, a shopping center, a restaurant complex, and a sports facility, it is likely to become part of the attraction of the Osaka IR, opening its doors around the same time… Read more