A tea house that once belonged to Okubo Toshimichi (1830-1878) has narrowly escaped demolition in Kyoto. The owner has temporarily suspended demolition while the tea house is carefully dismantled and stored. Due to its historical significance, Kyoto City is considering potential ways to relocate and reconstruct it.
Kyoto City is fast becoming a hotspot for out-of-towners buying holiday homes.
The heritage-listed Watanabe Residence in Maizuru City, Kyoto Prefecture, is listed for sale for 25,800,000 Yen (approx. 235,000 USD), leaving locals concerned about its fate. The 150-year old merchant house is registered as a Tangible Cultural Property.
The former Karasuma Church in Kyoto is facing imminent demolition. The 5-story concrete building is a local landmark for its unusual design.
Kyoto’s modern architecture (buildings built from the Meiji period through to pre-war) is starting to disappear as developers grow increasingly keen on grabbing new sites for development.
The owner of a 280-year old Inn in Muko City, Kyoto, has made an inevitable but unfortunate decision to demolish the historic property as maintenance becomes too costly.
In 2018, the Kansai area was struck by an earthquake in June and typhoon Jebi in September. Although the effects of these two events had very little impact on Kyoto’s tourism industry, they did affect Osaka which saw a drop in visitor arrivals from other Asian countries. STR’s Global Hotel Study for 2018 reported a 7.7% drop in the room revenue index for Osaka, while Kyoto saw a milder 0.2% decrease.
Given that these two cities are only 13 minutes apart by bullet train, why did Kyoto perform better than neighboring Osaka?
Kyoto’s traditional merchant townhouses (machiya, or kyo-machiya) form an integral part of the historic city’s charming streetscapes and culture, yet are being demolished at a shockingly fast pace.
On December 7, 2018, the Shinshu Otani-ha Buddhist movement announced that they were acquiring the former Ryotoku-ji temple in Kyoto City, and looking to find a new use for the property with the cooperation of Kyoto Prefecture.
The Sekisui House Reit has acquired 40% joint ownership of the trust beneficiary rights to the The Ritz Carlton Kyoto for 17.8 billion Yen (approx. 160 million USD). The sale took place on January 31 and the seller was the Reit’s sponsor, Sekisui House.