The IHG and the Osaka Station North Yard Development Project have reached an agreement on the hotel, which will be opened under the InterContinental brand. This marks the debut of the InterContinental brand in Osaka and the debut of InterContinental residences in Japan. Both the hotel and residences are scheduled to be opened in 2013.

Osaka Station North Yard lies in the heart of the city and spans approximately 24 hectares. Work is already underway on the seven-hectare early development zone, where the new InterContinental hotel and residences will be located.

The seven-hectare area will feature a concentration of urban amenities, high-end offices, luxurious modern accommodation options and a 10,000 square meter plaza and pedestrian mall. The new luxury InterContinental will feature approximately 200 rooms and 50 residential apartments, along with restaurants and banqueting facilities.

IHG owns a portfolio of hotel brands including InterContinental Hotels & Resorts, Hotel Indigo, Crowne Plaza Hotels & Resorts, Holiday Inn Hotels and Resorts, Holiday Inn Express, Staybridge Suites and Candlewood Suites.