Large-scale redevelopment for Shirokane 1 Chome
A large redevelopment is planned for a 17,000sqm block in Shirokane 1 Chome area in Minato-ku. The development will include approximately 1,200 residential apartments. There will be three buildings of varying heights, with the highest being a 156m tall tower with 43 floors. The floorspace of the buildings will total 133,700 sqm (1,438,612 sqft). Construction is scheduled to begin in 2015 (it was originally planned for 2014) and the project should be completed by 2019.Read more
Chateau Mita to be demolished
The Chateau Mita apartment building in Mita, Minato-ku, is going to be demolished in March. The reason for demolition and reconstruction is because the 48 year old building was deteriorating. Reconstruction negotiations with the residents began in 2004.
During the 1960s and 1970s, several "Chateau" apartments were built in Tokyo. They were all developed by Kurokawa Kensetsu. Many of the "Chateau" series of vintage apartments are valued higher than other lesser apartments of the same age.Read more
Mitsui starts construction of 53-storey residential tower in Tsukishima
Mitsui Fudosan announced that they have started construction of the Tsukishima 1 Chome 3, 4, 5 Redevelopment Project on February 20, 2012. The large complex will include a 53-storey, 703 unit residential tower and a smaller 12-storey, 44 unit residence. The name of the condominium is "Capital Gate Place".
Shimizu Corporation is in charge of construction and completion is scheduled for summer of 2015. The high-rise tower will be constructed using vibration-control (seishin) earthquake-resistant construction with dampers. There will also be backup generators that can supply necessary power for up to three days in the event of a power shortage.Read more
Apartments for wine lovers in Shibuya
Apartment developer, Inovv Inc, announced plans for a new residential building in Shinsencho, Shibuya-ku, that will be designed for wine aficionados.
Construction of the tentatively titled "Shibuya Shinsen Wine Apartment Project" will start in May 2012. The 10-storey building will have 18 studio apartments ranging from 42 to 45 sqm (452 ~ 484 sqft). Apartments will be available for rent only, and will not be available for individual sale.Read more
On Sale: Mid Garden Akasaka Hikawa
With the first round of sales starting on January 14, price guidelines have been announced for Mid Garden Akasaka Hikawa. Two and three bedroom apartments are priced between 58 and 150 million Yen and the average price per square meter is 1,166,000 Yen. This property is competitively priced so sales are expected to go well. For a comparison, apartments in the recently completed luxury tower, The Tokyo Roppongi Club Residence, just 500 meters away are priced at approximately 1,650,000 Yen/sqm.Read more
mastermind JAPAN unveils new apartment building in Azabu Juban
Mastermind JAPAN and Veritas Investment have started sales on their investment-oriented condominium in Azabu Juban. The "mastermind JUBAN" residential building has 44 units priced between 29.5 ~ 69.9 million Yen (383,000 ~ 908,000 USD). Apartments range from 26.35 sqm (283 sqft) studios to the 66.18 sqm (712 sqft) 2-bedroom apartments.There are 40 studios and only 4 2-bedroom units.
Located in Higashi Azabu 2 Chome, the apartments are just 2 minutes walk from Azabu Juban Station and the well-appointed Azabu Juban restaurant and cafe-filled streets. However, the Higashi Azabu neighborhood itself is a fairly industrial area with lots of small home factories and workshops - far from glamorous.Read more