Osaka Marubiru to be demolished
The circular Osaka Marubiru office tower in Umeda will be redeveloped, with construction set to start next year.
Meguro Gajoen back on the market
On May 11, the Toyo Keizai Online publication reported that China’s sovereign wealth fund is considering the sale of the landmark Meguro Gajoen hotel and office property in Tokyo.
Luxury boutique hotel for Kumamoto
Ryugu, the Kumamoto Prefecture-based operator of Hotel Ryugu, is planning to open a luxury resort on Maejima Island.
Takanawa Gateway City plans announced
On April 21, East Japan Railway Company (JR East) announced the construction plans for the area around the recently opened Takanawa Gateway Station. A total of four high-rises and one low-rise building will be completed by 2024 ~ 2025.
Japan's tallest tower tops out in Toranomon
The 64-story skyscraper in the Toranomon-Azabudai Project topped out at 330 meters on April 21. This is now the tallest building in Japan, exceeding Osaka’s 300-meter tall Abeno Harukas building.
Japan’s first hotel-condominium* to be built in Hakone
On April 8, The Sankei Building Company, Tokyu Land Corporation, and Relo Vacations announced a hotel-condominium project for the Sengokuhara district in Hakone. This is the first hotel-condominium project in Japan to utilize the Home-Sharing Business Act (aka the Minpaku law) introduced in June 2018.
Hilton to open flagship-branded hotel in Kyoto
Earlier this month, Hilton announced the signing of an agreement with Tokyo Tatemono to open the first flagship-branded hotel in Kyoto in 2024. The Hilton Kyoto will be located in the Kawaramachi Sanjo district.