April 1, 2022
Japan Overseas Infrastructure Investment Corporation
For Transport & Urban Development (JOIN)
JOIN Supports the Urban Development Project – Environment Oriented MultifamilyResidential Project – in the United States of America
Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN)
received approval from the Ministry of Land, Infrastructure, Transport and Tourism following its
decision to invest up to approximately JPY 3.1 billion to participate in the urban development project– Environment Oriented Multifamily Residential Project – in the U.S.A jointly with SumitomoForestry Co., Ltd. (SFC), Crescent Communities, LLC (Crescent), a wholly owned subsidiary of SFC,Kumagai Gumi Co., Ltd. (Kumagai), Haseko Corporation (Haseko), Fuyo General Lease Co., Ltd.
(Fuyo Lease), and others.
This project will construct, own and manage environment oriented multifamily residents in the fourcities of : Tampa, Florida; Washington, D.C.; Charlotte, North Carolina; and Atlanta, Georgia in theU.S.A.. Through JOIN’s participation in the project, it aims to support the Japanese companies’ entry
into this large-scale urban development in the U.S.A.
This project will supply environment oriented multifamily residents by obtaining environmental
certifications such as LEED*1, NGBS*2, and Fitwel*3 through the utilization of Japanese companies’
knowledge on design and construction methods along with energy-saving construction materials that
contribute to reducing the impact on the environment. The project also aims to contribute to the growthof the local communities by providing facilities that reflect the needs of each community through close
dialogues with local stakeholders.
This project will accelerate Japan’s priority policy on its contribution to resolve social issues andachieve Sustainable Development Goals (SDGs) in partner countries, which is stated in the Japanese
government's "Infrastructure System Overseas Promotion Strategy 2025" (Formulated at theMinisterial Meeting on Strategy relating Infrastructure Export and Economic Cooperation onDecember 10, 2020).
※1 LEED：LEED is a green building certification program developed by U.S. Green Building Council (USGBC).
※2 NGBS：The National Green Building Standard (NGBS) is the only green building rating system for homes andapartments approved by the American National Standards Institute (ANSI).
※3 Fitwel：Fitwel is the world’s leading certification system committed to building health for all® and was
originally created by the U.S. Centers for Disease Control (CDC) and Prevention and U.S. General Services
Administration.

（Project Overview）

・Use：Multifamily residents

・Site Area：Approximately 5.6ha

・Number of Units：Approximately 1,000Units

・Schedule：Commence Operation 2024（Plan）（Press Contacts）

Japan Overseas Infrastructure Investment Corporation for Transport &Urban Development
Project Department Sugiyama
TEL：+813-5293-6721
E-Mail：info@join-future.co.jp（Project Scheme）
SFC・Crescent

Kumagai

JOIN

HasekoEquityInvestors LPEquity
Real Estate Holding LP

Fuyo Lease

Other JapaneseCompanies（Location）
Tampa, Florida

Washington, D.C.
Project Site

Tampa Int’l Airport

Approx. 3km
Approx. 5km
Downtown
Tampa

Project Site

Union Sta.

Washington D.C.

US Capital Bldg.

Charlotte, North Carolina
CharlotteInt’l Airport

The White Downtown
House

Atlanta, Georgia
Downtown
Charlotte

Project Site

Approx. 16km

Project Site

Downtown
Atlanta©OpenStreetMapcontributors

https://www.openstreetmap.org（Completion Image）
Tampa, Florida

Washington, D.C.