Shibuya City Office redevelopment under review
The redevelopment of the Shibuya City Office and Shibuya Public Hall (C.C. Lemon Hall) is under review due to a potential cost blowout. A shortage of skilled construction labour and rising material costs have caused the estimated construction costs to increase by around 30 ~ 50%.Read more
High-rise office and apartments for Takeshiba
On October 29, Tokyo Land and Kajima Corporation announced plans for high-rise office and residential buildings in the waterfront Takeshiba area in Minato-ku. The project will also provide facilities for trade and content promotion and international expansion. JR Hamamatsucho and Takeshiba Station will be connected via a 500 meter long pedestrian bridge.
The project is expected to be completed in 2019.Read more
Pembroke’s latest project in Roppongi
Pembroke Real Estate Japan have started the construction of a 14-storey office building in located across the street from Tokyo Midtown in Roppongi 7 Chome. Try-Seven Roppongi is scheduled for completion in 2016. The exterior was designed by Jun Mitsui & Associates Architects.
A shrine and shrine office on an adjoining 876 sqm block of land will also be redeveloped in conjunction with Try-Seven.
This is the fourth development for Pembroke. In 2002 they developed Hikawa Gardens, a rental apartment building in Akasaka, and in 2010 they completed Azabu Gardens, a luxury expat rental building near Roppongi Hills.
Sources:
The Asahi Shimbun, October 28, 2014.
The Daily Engineering & Construction News, October 29, 2014.
Mori Trust announces plans for high-rise office and hotel in Toranomon
On October 23, Mori Trust announced plans for a 180m mixed-use building for the former Toranomon Pastoral building site in Toranomon 4 Chome.
The 36-storey building will contain a hotel, serviced apartments, office and retail space. Construction is scheduled to begin in 2015 with completion by 2018. The new building will be approximately 500 meters from the proposed new station along the Hibiya Line.Read more
Major redevelopment planned for Yaesu district
In 2015, Mitsui Fudosan and Tokyo Tatemono will begin several large-scale redevelopment projects for the Yaesu district to the east of Tokyo Station. The project will include three buildings containing apartments, offices, retail space, education and cultural facilities.
Planning approval is expected to be announced next year. It is anticipated that the project will qualify for an allowance to the floor space index, which would a total floor area up to 1 million sqm (10.7 million sqft).
One of the features will be an underground bus terminal. While the Marunouchi district to the west of Tokyo Station has seen some very large redevelopment projects over the past few years, the Yaesu area has been lagging behind. The bus terminal currently located at the Yaesu Exit at Tokyo Station is relatively inconvenient, especially for passengers transferring to trains. By locating the terminal underground, it will offer direct access to the underground station area.Read more
Signs of life for vacant site between Daikanyama and Nakameguro
The large and vacant plot of land located between Daikanyama and Nakameguro may finally see some activity as the Tokyo Metropolitan Government and Meguro Ward have announced that they are seeking tenders from developers for the 8,500 sqm site.
The land was previously the site of lodgings for the Japanese National Railway Settlement Corporation (JNRSC). The property was acquired by the Tokyo Government and Meguro Ward in 1995 for approximately 6.4 billion Yen. Initial plans were for an aged-care facility and public housing.Read more