Shibuya City Office

The redevelopment of the ageing Shibuya City Offices will include a 37-storey apartment building with 414 apartments.

Part of the development site will be leased to a developer on a 70-year term. The revenue from the leasehold is expected to cover the costs of the city office redevelopment. Five developers are bidding for the project, and the final decision will be made in the next few months.

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