On January 19, the Tokyo Metropolitan Government approved the formation of the redevelopment committee for the Dogenzaka 2 Chome South District Redevelopment. This will see a 155-meter tall tower built near the west exit of Shibuya Station on the Inokashira Line.
The 30-story high-rise will have office and retail space. A second 60-meter tall building will have hotel and retail. The 4th floor will have a connecting passage to the nearby Shibuya Mark City tower.
Construction is scheduled to start in 2023 with completion in 2026. The total project cost is estimated at 76.7 billion Yen (approx. US$675 million).
The 0.8-hectare U-shaped site is currently home to seven older buildings, including several built in the 1960s and 1970s.
The Tokyo Metropolitan Government News Release, January 18, 2022.
The Shibuya Keizai Shimbun, January 19, 2022.
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