New Construction – Page 64 – JAPAN PROPERTY CENTRAL K.K.

Apartment being built directly on top of fault line

In Toyonaka City, Osaka, construction work is continuing on a 14-storey apartment building on a site that is directly above an active fault line.

"Uniheim Senri Momoyamadai" is located in Higashi-izumigaoka 3 Chome and is directly above the Butsunenjiyama Fault - an active fault line that runs from the north of Toyonaka and south to Suita in Osaka. It is an extension to the Uemachi Fault, a relatively active fault line which has a 2~3% chance of producing an earthquake within the next 30 years, and a hypothesized magnitude of 7.2 would result in an estimated death toll of 42,000.Read more

by Zoe Ward

Harajuku Danchi Reconstruction Plans

Nippon Steel City Produce and Mitsui are redeveloping the Harajuku Danchi apartments alongside Gaien Nishidori in Shibuya-ku's Jingumae 3 Chome neighborhood.

The original 6 buildings were completed in 1957. The buildings were considered modern for their time and were a landmark for the area. Due to aging and deterioration, reconstruction plans were made and the apartments were vacated in 2010.Read more

by Zoe Ward

Miyashita-cho Apartment site redevelopment tenders open to public

miyashita-cho-apartment-site

Tokyo City announced plans to redevelop 3 sites with a total size of 2.6 hectares just minutes from Shibuya Station. The 3 city-owned blocks of land include the 0.5 hectare site of the former Miyashita-cho Apartment block (Shibuya 1-23), a former school hall site of 0.4 hectares next to Mitake Park (Shibuya 1-18) and the 1.7 hectare site of the former Aoyama Hospital behind the UN University Bldg (Jingumae 5-53). Tenders will be open to the public from Summer, 2011.Read more

by Zoe Ward

Nomura to rebuild two apartments in Shirokanedai

Nomura Real Estate Development announced that they have the tender to re-build two adjacent condominium apartments in Shirokanedai, Minato-ku.Read more

by Zoe Ward

Azabudai Parkhouse (Leasehold)

azabudai-parkhouse-ex2

Price when new: 65 - 840 million JPY
Size range: 45 - 325 sqm (484 - 3500 sqft)
Average price/sqm: 1,720,000 JPY

Note: This building in on leasehold land.

Azabudai Parkhouse has a 51 year fixed land lease - the land is leased from the Tokyo American Club. At the end of the lease, the building must be demolished and returned to the landowner.Read more

by Zoe Ward

New Apartments in Tokyo in 2011

The following is a list of some of the residential apartments in central Tokyo that will be completed in 2011. Click on the links below for details on each unit.Read more

by Zoe Ward

Akasaka Prince Hotel Redevelopment Plans Announced

Akasaka Prince Hotel

Due to aging, increasing maintenance and competition from foreign-owned hotels, the Grand Prince Hotel Akasaka will close in March, 2011 and will be demolished. Of the three buildings on the site, the oldest building dating from 1930 will be kept.

The current 139m 40-storey hotel was designed by Kenzo Tange and opened in 1983. It was hugely popular during the bubble, but lack of adequate maintenance and the introduction of foreign hotels to the market in the last decade has greatly reduced its appeal.Read more

by Zoe Ward