| Concept |
| The
atmosphere of Palm Springs, Las Vegas or an upscale suburb of Los Angeles has
been recreated just a few minutes outside Gifu at the Riverside Mall-central Japan's
most innovative and colorful multi-activity complex. Feel the fun and excitement
as you drive under the shade of the palm trees up to the Mall's entrance, or stroll
the broad walkways of this open, spacious mall. The Riverside Mall is the premier
life and entertainment center in the region-a vast shopping, dining and amusement
complex with something for everyone. |
| | |
| Characteristics/Highlights |
| This is an open-structured, innovative
and original complex. The Main Building features broad corridors, spacious sales
floors (43 stores and outlets), a large cinema complex with 16 screens and 3,108
seats (operated by UNITED CINEMAS, the number one movie theater operator in the
U.S.), an amusement park (Club Sega) and pachinko parlor, a spa with natural hot
springs, and twenty restaurants (Japanese, Western, Chinese, Italian, and more)
to provide an atmosphere for fun and excitement all through the day. |
| |  |
| Market Area and Customer Base |
- Six million four hundred thousand consumers live
within a 50-km (31-mile) radius. - Broad customer base including young couples,
families, and seniors. | | | | Turnover
and customer traffic at the Mall since opening |
| Our performance: First year of operation |
| Turnover | Customers |
| Projected
1st year performance | 104.17
million US dollars | 4.3
million | | Actual
1st year performance | 114.17
million US dollars | 5.57
million Actual/planned ratio 129% |
| Actual 2nd year performance | 118.3
million US dollars 103.6% on a year-on-year basis | 5.9
million 105.9% on a year-on-year basis | |
|
| | |
| What
do we do to attract visitors? |
The
complex tries to provide something for all our visitors to enjoy, whether they
are families, young couples, or the elderly. Our Ferris wheel, merry-go-round,
and miniature train are very popular with families. On the main stage on the
Mall's patio, we hold an average 240 live concerts, performances and other events
on 120 days of the year for the enjoyment of visitors. |
| | |
| Why are we so successful? |
Why have we enjoyed such excellent
results, exceeding initial projections? One of the simplest reasons is that the
complex has attracted consumer attention as a multi-activity shopping complex.
Visitors are tempted to stay for a long time, sometimes enjoying an entire day
here. Moreover, our customers are not only from Gifu Prefecture. A large number
are from other prefectures (accounting for 46% of our visitors) such as Aichi
(Nagoya, in particular, and Owari), Mie (Kuwana, Yokkaichi), Shizuoka (Hamamatsu),
Shiga, Fukui and Ishikawa. The complex is now one of the most popular dating spots
for young people and couples in the Chubu area! Another reason for its success
is that the complex has something for people of all ages, including families and
seniors: a cinema complex, spa, amusement park, and other facilities. Still
another reason we receive customers from a very wide area may be the start of
the shuttle bus service (three routes) and the large capacity of our 6,400 car
parking lots including those of adjoining Rio World. |
| | |
| Parking lots will be further
expanded |
Parking space: 33,000
m2 (8.16 acres) Capacity: 3,600 vehicles
We expect further development of the area as access improves with such projects
as the widening of Prefectural Road No. 53 (Gifu-Sekigahara) to four lanes, the
construction of the Tokai Beltway, and other improvements. |
| |
| Floor
plans |