Tokio Marine Holdings has announced that Italian architect Renzo Piano will be designing the replacement for the Tokyo Marine Nichido Insurance Building in Marunouchi, Tokyo.
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Sapporo’s most expensive apartments go on sale
Like other cities across Japan, Sapporo is no stranger to rising home prices. New apartment prices have risen by 37.3% over the past ten years. One new luxury condominium in the city has gone on sale this June with all apartments priced over 200 million Yen.
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Touring the most expensive residential land in Japan
The Akasaka/Toranomon district is one part of Tokyo that is beating property price trends, despite the pandemic. It is home to the most expensive residential land in Japan. Exploring the neighborhood will help to explain why it is outperforming the others.
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Hamamatsucho Building redevelopment kicks off after a delayed start
The official groundbreaking ceremony for the Shibaura 1 Chome Project was held on September 28. This project will see the former Hamamatsucho Building replaced with two 235-meter tall towers.
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Game museum and office tower for Yokohama
A real estate developer and video game company have joined forces to develop a high-rise office tower and game museum in Yokohama’s Minato Mirai 21 waterfront district.
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New office building for Omotesando
Construction has started on a 60-meter tall office building in Omotesando. The joint project by Mitsubishi Jisho and Goko is scheduled to be completed by February 2023.
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Odakyu to demolish modernist department store in Shinjuku
On July 16, Odakyu Department Store Co., Ltd. announced that they will be closing their Shinjuku Main Store at the end of September 2022. This is to make way for a major redevelopment project on the western side of Shinjuku Station.
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More news on the redevelopment project surrounding the Imperial Hotel
Additional details on the Uchisaiwaicho 1 Chome District Redevelopment have been released. The 6.5-hectare site is across the street from Hibiya Park and includes the Imperial Hotel.
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40-story apartment tower for Nishi Shinjuku
On June 16, the Tokyo Metropolitan Government approved the land rights transfer proposal for the Nishi Shinjuku 5 Chome Central South District Redevelopment. This development will see several blocks of low-rise buildings replaced with a 40-story apartment tower.
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Apartment sales in Athletes’ Village to resume this fall
Sales of the apartments in the Athletes’ Village are expected to resume this fall or later, once the Olympics wraps up.
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