As of April 27, the population of Chuo Ward in central Tokyo reached 172,000 residents – the highest level since 1953.
In the 1950s, the ward’s population peaked at 172,100 residents. The period of rapid economic growth following WWII and the bubble economy of the 1980s saw property prices skyrocket, causing residents to move out to more affordable suburban districts. By 1997, the resident population had shrunk to 71,800.
In the early 2000s, the development of a number of high-rise apartment towers saw new residents move into the ward, with the population recovering to the 100,000 range in 2006. Since 1993 the local government had offered a floor area ratio allowance of 20 ~ 40% for residential developments in certain zones, boosting the number of apartments that could be built. This allowance was removed in 2019 in an effort to curb the rapidly growing population.
The population is expected to reach 200,000 by 2024. Between 2018 and 2045, the ward’s population is expected to increased by 34.9%. Almost 10,000 of those new residents are expected to move into the Athlete’s Village condo conversion in the mid-2020s.
Source: The Nikkei Shimbun, April 28, 2020.
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