Business Operation
Commercial Properties
Business Overview
We believe that developing new commercial properties means creating new lifestyle spaces.
Our concept of the Commercial Properties Business is:
Creating New Facilities for Life: Personal and Unique
In other words, NTT Urban Development pays personal attention to the local environment and culture, to create unique commercial properties. As a member of these communities, we aim to provide not only products or services, but also new vibrant and pleasant spaces with each property.
With this approach, we create environments that each day encourage new encounters that evolve into new stories. We cherish this role, and constantly aspire to help those who use our properties create a memorable page in their own stories.
In creating commercial properties, we aim to:
- constantly propose new excitement and offer the best services that connect us with our customers;
- respect the precious local culture developed by local residents, and encourage its development in the future;
- provide an environment in which our tenants can work with pride and pleasure.

Motomachi Cred by Kawasumi Architectural photograh office
Based on this concept, NTT Urban Development has created a number of commercial properties in Tokyo and other major cities in Japan.
In conjunction with Akihabara Crossfield, which was developed based on the concept of an IT center, Akiba Ichi, a food mall in Akihabara UDX, has proven popular with people who are interested in cutting-edge media. Meanwhile, with approximately 70 stores and a hall as a venue for entertainment, Pacela, a specialty store mall in Motomachi Cred, one of our largest commercial properties, offers visitors the opportunity to enjoy multidimensional attractions.
In developing new commercial properties based on existing facilities, NTT Urban Development is pursuing its vision of enhancing the potential of the Tokyo metropolitan area and other major cities in Japan, with urban commercial spaces that are tailored to the characteristics of their location.
In achieving this vision, NTT Urban Development creates commercial facilities that not only offer entertainment and convenience, but also become appealing spaces that respect local characteristics. We remain committed to developing and managing new properties that represent a comfortable and appealing lifestyle.
