Akasaka Prince Hotel Redevelopment Plans Announced
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
Nakatsu Castle finally sold
The privately owned Nakatsu Castle in Oita Prefecture finally sold in late 2010 after 3 years on the market.Read more
Atami Izusan Step House
*Update: SOLD
In the quiet residential Izusan neighborhood, this contemporary 1-bedroom designer home is for sale. Designed by Tezuka Architects office and the house was featured in Shinchiku magazine. The house was designed to maximize the views with each space facing the ocean.Read more
[Foreclosed] Villa Resina
This apartment block was initially built as a company dormitory for employees of the Kansai Electric Power Company.
Earlier this year it was listed for 1.3 billion JPY but it seems like they could not find a buyer in time. The current court evaluation is 573,000,000 JPY.