Nintendo announced that it acquired land located adjacent to its headquarters in Kyoto, Japan. The company will build a new development office on the land to reinforce its research and development progress. The new land area is sized at 10,028.55 square meters (~107,946 square feet). It previously hosted the 3,110.91 m2 (~33,485 ft2) Foundation Support Factory and the 6,917.64 m2 (74,460 ft2) Material and Disaster Prevention Center. The city offered the land via public proposal on December 8, 2021. It chose Nintendo as a valid business operator for the ground, with a bidding price of five billion yen (~$39.8 million). The Japanese press release includes a map of Nintendo’s offices in Kyoto. The pink squares show its existing headquarters and development center. The red area marks the new land that the company had acquired.