Key Facts
• July 2025: Kintetsu Department Store opens ‘Abeno Well-Being Terrace’ medical mall.
• $100 million investment planned by 2028 for ‘Harukas Town’ development.
• Medical mall includes clinics, pharmacies, restaurants, and aims to open 7 stores by year-end.
• ‘Harukas Town’ focuses on enhancing area-wide visitor flow and economic impact.
• Adjacent facilities ‘Hoop’ and ‘And’ revamped to cater to diverse lifestyles.
• Spring 2026: ‘Hoop’ to feature a large amusement floor targeting younger audiences.
• Goal: 15% revenue growth for the main store by 2028 compared to 2024.
• Osaka’s Abeno area faces challenges from limited inbound tourism compared to Kita and Minami.
• Expert highlights need for unique tenants and functions to differentiate from existing facilities.
Summary
Kintetsu Department Store is advancing its ‘Harukas Town’ initiative around its Abeno Harukas flagship in Osaka, aiming to revitalize the area with a $100 million investment by 2028. The project includes the July 2025 launch of the ‘Abeno Well-Being Terrace,’ a medical mall featuring clinics, pharmacies, and restaurants, with plans for seven stores by year-end. Adjacent facilities ‘Hoop’ and ‘And’ are being revamped to enhance lifestyle offerings, with ‘Hoop’ set to introduce a large amusement floor in spring 2026 to attract younger visitors. The initiative seeks to boost area-wide visitor flow and achieve a 15% revenue increase by 2028. Experts emphasize the importance of unique features to stand out in the competitive Abeno area, which struggles to attract inbound tourism compared to other Osaka districts.
