A new theme park based on the popular book and movie franchise Harry Potter, is set to open in Tokyo in 2023.

It is believed that the Japanese holding company, Seibu Holdings, is in talks with Warner Bros. and the Tokyo Metropolitan government to finalise the agreement.

The Harry Potter theme park will be built on the site of the Toshimaen amusement park, which is being closed in stages after 2020.

Having opened in 1926, Toshimaen is one of Tokyo’s oldest amusement parks. The various attractions at Toshimaen, as well as the site’s swimming pool, will close in stages over an extended period.

The site is owned by Seibu Holdings and it is said that Warner Bros. are planning on borrowing a section of the 200,000 sq. mt. site to build the Harry Potter theme park.

The remainder of the site is likely to be purchased by the Tokyo Metropolitan government, which plan to convert the area into a large park.

The Harry Potter theme park will feature sets of the movie, which visitors can tour, similar to London’s Warner Bros. Studio Tour – The Making of Harry Potter.