The building that once housed the head office of Japan’s Liberal Democratic Party (LDP) is going to be demolished and rebuilt starting next year. In recent years the 58-year old building has become increasingly worn out. The decision to rebuild was made after an inspection in 2014 found that the structure did not meet current earthquake-resistant standards.
A new building design will be selected in September and demolition will begin from April 2016. The new building is expected to be 7-storeys and should be completed sometime in 2018.
This content is available to paid subscribers only.
Sharing information on Japan’s real estate market has been a long passion dating back 14 years. However, gathering and preparing this content takes hours and hours each week. By joining our monthly subscription service, you can access over 3,100 articles dating back 14 years. Best of all, you’ll be supporting us in our endeavor to continue to provide investors with on-the-ground, expert information.
To join our paid subscription service and access over 3,100 news articles on Japan's real estate market, please register here.
Already a paid member? Log-in using your details below.