Mar 31, 2011 12:41 GMT  ·  By

Video game company Nintendo is set to spent no less than 12.8 billion Yen, which is the equivalent of about 154 million dollars, in order to develop a new research and development facility in Kyoto, Japan.

There are more than 1,500 employees set to work there and the company says that some of the current R&D projects the company is conducting will be moved to the new facility.

Work on the new building will begin in 2012 and will be finished one year later with Nintendo saying that both hardware and software development will be done there.

The new Nintendo building will be close to the central office of the company and has been built over a former golf course.

It seems one of the main goals the hardware and software develops wants to achieve is to have better and quicker communication between the leaders of the company and those who are working on the next big thing.

At the moment Nintendo has launched the all-new 3DS handheld on all important markets, allowing gamers all over the world to experience full three-dimensional gaming without having to use any specialized glasses.

The new device performed very well on the Japanese market, but the performance of games that use the new 3D features has been less than impressive.

Rumors also suggest that it is working on an update for the Wii home console, with some sources saying that an official announcement about it might be made at the E3 trade show in June.

The new Wii device should offer the power to deliver High Definition graphics, an improved motion tracking system and more storage space.

The new Research & Division facility will probably see teams looking far into the future, planning new handhelds and home console and the video game experiences that could be launched for them.