July 27, 2021
Mitsubishi Estate-Simon Co., Ltd.

Name Decided and Construction Starts for
Fukaya-Hanazono Premium Outlets®
Mitsubishi Estate-Simon Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Chief Executive Officer: Masaki
Yamagishi) today announced its decision to use Fukaya-Hanazono Premium Outlets as the name foran outlet shopping center it is currently planning as part of the Hanazono IC Area Improvement
Project in Fukaya City, Saitama Prefecture. Construction will start in August 2021 with the scheduled
opening in fall 2022. Fukaya-Hanazono Premium Outlets, the tenth Premium Outlets location in Japan,
will be the first center to be opened by the Company in almost nine years, and together with its
existing outlet centers, expand the Premium Outlets network along the major expressways in theKanto area.
Fukaya City has been advancing the Hanazono IC Base Development Project with the aim of broader
regional activation by promoting the agriculture and tourism. Fukaya-Hanazono Premium Outlets will
open at an excellent location easily accessible by both car and public transportation (approx. 1.5 km
from Hanazono Exit on the Kan’etsu Expressway and a few minutes’ walk from Fukaya-Hanazono
Station on the Chichibu Railway). The site is surrounded by the grand nature of northwestern Saitama
Prefecture, including Fukaya City and the Chichibu district, as well as a favorable environment richwith tourist resources such as a hot-spring area. As part of the project, Kewpie Corporation is planningto open Fukaya Terrace Vegetable Friends Farm at an adjoining site while Fukaya City will be building
Fukaya Terrace Park.
In light of the center’s role of enhancing the appeal of the region for this project and connecting
regional resources and neighboring communities, its architectural design will be changed completelyfrom the one the Company usually uses for its other centers, to a contemporary design style. Built on
the concept of harmonious coexistence with regional communities, the center’s design will focus on
harmony with the local environment, using bricks associated with Fukaya City and featuring an image
reminiscent of the verdant natural environment of northwestern Saitama Prefecture. Moreover, inorder to promote recognition among visitors, the Company decided to use the name Fukaya, wherethe center is located, and Hanazono, the name of the closest expressway exit, as part the center’sname.
The Company will convey the appeal and values of northwestern Saitama Prefecture by utilizing thecharacteristics of the broad-based trade area, while striving to create a facility/site that contributes toregional development.

Fukaya-Hanazono Premium Outlets
Artist’s impression (1)Bird’s-eye view image[Fukaya-Hanazono Premium Outlets Plan Overview]
Open date: Fall 2022 (plan)
Construction starts: Sunday, August 1, 2021
Site area: Approx. 176,800 m²
Store area: Approx. 27,000 m²
Number of stores: Approx. 120
Parking spaces: Approx. 3,000
Directions & Transportation:[By car] 3 minutes (approx. 1.5 km) from Hanazono Exit on theKan’etsu Expressway[By train] 3 minutes’ walk from Fukaya-Hanazono Station on theChichibu Railway[Artist’s impression of the exterior]

Fukaya-Hanazono Premium Outlets
Artist’s impression (2)Fukaya-Hanazono Premium Outlets
Artist’s impression (3)Fukaya-Hanazono Premium Outlets
Artist’s impression (4)Small-scale map

Large-scale map

[Premium Outlets in the suburbs of Kanto][About Premium Outlets]
Premium Outlets are outlet shopping centers born in the U.S. Its first outlet center in Japan, Gotemba
Premium Outlets, opened in July 2000 in Gotemba City, Shizuoka Prefecture. At present, there arenine Premium Outlets operated in Japan, attracting many visitors from both Japan and overseas since
their openings as a place with the look of a resort where people can enjoy brand shopping atextraordinary savings or a destination where people can feel as if they are on a trip. Premium Outlets
are also operated across the U.S., including Woodbury Common Premium Outlets in the suburbs ofNew York, Desert Hills Premium Outlets in the suburbs of Los Angeles and Waikele Premium Outlets inthe suburbs of Honolulu, Hawaii, as well as in South Korea, Canada, Mexico, Puerto Rico, Malaysia andThailand.
*PREMIUM OUTLET SHOPPING® and PREMIUM OUTLETS® are trademarks of Simon Property Group,Inc.

[About Mitsubishi Estate-Simon Co., Ltd.]
Mitsubishi Estate-Simon Co., Ltd., a joint venture between Mitsubishi Estate Co., Ltd. and Simon
Property Group, Inc., develops, owns and operates outlet malls in Japan as its main business. It
currently operates Premium Outlets at nine locations across Japan.
URL： https://www.premiumoutlets.co.jp/en/