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USJ Explores Potential Long-Term Lease of Osaka City Land

Universal Studios Japan operator USJ LLC says it has entered preliminary discussions with Osaka City about potentially leasing city-owned land in Sakurajima 2-chome. The company said no details beyond its interest in exploring a long-term lease have been finalized.

USJ Explores Potential Long-Term Lease of Osaka City Land

Theme Park Report

USJ LLC has entered preliminary discussions with Osaka City about the potential long-term lease of city-owned land in Sakurajima 2-chome, Konohana-ku, according to a statement reported by Blooloop. The discussions follow Osaka City's September 1 announcement regarding the possible future use of the site. USJ LLC said it supports the city's tourism and economic development goals and wants to explore leasing the land. The company also emphasized that the process remains at an early stage. USJ LLC said it respects Osaka City's evaluation process and that, beyond expressing its desire to investigate a potential lease, no other details have been finalized. The statement does not confirm what the land could ultimately be used for, whether a lease agreement will be reached, or what timetable may apply. Osaka City's announcement concerns the potential future use of the city-owned property, while USJ LLC's involvement is currently limited to preliminary discussions.

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This story was assembled from reporting published by the following sources.