Hatsukaichi City government has unveiled its plans for the revamped Miyajima Aquarium due to open in August 2011. The planned facility will feature a 350 ton tank which will allow the viewing of circling sharks and rays from below. The proposal, with a projected construction and maintenance cost of more than 50.5 billion yen for over 15 years was, made by a group of private companies which will form a special purpose corporation (特別目的会社) should it be approved by Hatsukaichi City councillors. According to a Chugoku Shinbun report the group this price tag was about 8 billion yen cheaper than the projected costs of Hatsukaichi City running the project themselves.
Full details of the plan in Japanese here (pdf).

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