TOKYO (CelebrityAccess) — Japanese ticketing vendor Pia announced plans to build and operate a dedicated concert arena in Tokyo.
According to Pia, the 10,000-seat concert hall will be located in the Mirai district of Yokohama, a major port city just south of Toyko on 12,000 acres of land leased from Mitsubishi.
The arena is slated to open in 2020 with an estimated cost of 10 billion yen (approximately $89.3 million USD).
While most Japanese arenas also host sporting events, Pia says the new venue will be focused entirely on concerts and will present about 200 shows a year, with an eye towards attracting major international artists.
Pia says the new concert facility is intended to alleviate a lack of venue seating in Japan. The last facility with a capacity of more than 10,000 fans built in the Tokyo market was the 36,500-capacity Saitama Super Arena, which opened in 2000, almost two decades ago.
Pia also revealed that they plan to begin management of four live music venues known as the Pit which have been established in Tokyo and Tohoku as part of recovery efforts from the 2011 earthquake.