On August 13, discount retail giant Don Quijote Holdings announced plans for a high-rise retail, office and hotel building to replace their former Shibuya Store in downtown Tokyo. Land readjustment work is scheduled to start next month with the new building scheduled for completion in April 2022.
The Shibuya Ward Dogenzaka 2 Chome Redevelopment Project (temporary name) will be a 28-storey, 120m tall mixed-use building with a total building area of 40,000 sqm (approx. 430,000 sq.ft). It sits on a 5,700 sqm (61,000 sq.ft) block of land with some street frontage onto Bunkamura Street and across the street from the Tokyu Department Store.
Floors 1 ~ 3 will have retail, 4 ~ 10 will have office, and 11 ~ 28 will have a hotel.
Don Quijote Holdings Press Release, August 13, 2018.
The Sankei Shimbun, August 13, 2018.
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