The Hokkaido Nippon Ham Fighters will build their proposed new stadium in Kitahiroshima, Hokkaido, the Pacific League ballclub said Monday.

The team, based in the capital of Japan's northernmost main island, has played at Sapporo Dome since 2004. The club formed a company in a bid to establish the new stadium within a park in the Sapporo suburb. The team aims to begin operations at the ballpark in 2023.

Sapporo Dome is owned by the city of Sapporo and managed by a nonprofit organization. The team is required to pay fees to use the facility with the total annual payout estimated in the neighborhood of ¥1.3 billion ($12.4 million) and does not profit from concession sales or advertising.