Potential 26-story redevelopment of Shuwa Aoyama Residence
The homeowners association of the vintage Shuwa Aoyama Residence condominium near Shibuya Station is considering a potential redevelopment. The 8-story building was built in 1964 and has 77 apartments.
Onsen, retail and event space planned for Shimokitazawa Station area
Odakyu Electric Railway has released their development plan for the newly freed space above the underground section of railway that runs between Yoyogi Uehara and Umegaoka Stations.
Multi-block redevelopment for Uchisaiwaicho
Three developers will soon embark on what is said to be the biggest post-Olympic redevelopment project in Tokyo. The redevelopment district includes the Imperial Hotel, NTT Hibiya Building, Mizuho Bank Uchisaiwaicho Building, and TEPCO Head Office Building.
Yokohama's modernist City Hall to be converted into hotel
A leading example of modernist architecture in downtown Yokohama will be preserved and incorporated into a large-scale office and hotel project.
Tokyo's oldest ‘danchi’ apartment block to be redeveloped
Possibly the oldest surviving public housing block in Tokyo will soon be demolished to make way for new housing for its residents. The Nakano Jutaku was built in 1951, just six years after the end of WWII. It also preceded the former Japan Housing Agency (now the Urban Renaissance Agency) that was founded in 1955 to address a severe housing shortage.
Mitsui announces plans for US$10-billion ‘Greater Nihonbashi’ redevelopment
On August 29, Mitsui Fudosan announced major redevelopment plans for a district alongside Nihonbashi river in downtown Tokyo. The project is expected to be completed somewhere between 2030 and 2040 and costs could run as high as 1 trillion Yen (approx. US$10 billion).
Apartment redevelopment law may be further revised
The Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) is considering a further expansion of allowances to encourage the redevelopment of old condominium buildings. Under current legislation, if at least 80% of owners agree, a building that does not meet current earthquake codes can be sold off to a developer. The MLIT may extend the 80% vote to include buildings that have deteriorated exteriors and old plumbing.