Redevelopment & Reconstruction – Page 36 – JAPAN PROPERTY CENTRAL K.K.

Asahi Kasei to rebuild two condominiums in Shibuya

Asahi Kasei Fudousan Residence Corp will be rebuilding two small apartment buildings in Shibuya-ku.

The first is "Udagawacho Jutaku" (3-3 Udagawacho) which is located alongside "Shibuya Koen Dori Avenue and next to the Shibuya Tobu Hotel. The street includes stores such as Parco, Gap and Opening Ceremony. The current 7-storey building has just 16 apartments and was completed in 1961. Approval from all apartment owners was obtained in September 2010 and demolition began last month.Read more

by Zoe Ward

Kepco demolishing old head office in Osaka

The Kansai Electric Power Company (KEPCO) announced that they will be demolishing and rebuilding their former head office in Osaka from April 2012. Completion of the new building is scheduled for April, 2014.Read more

by Zoe Ward

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. Read more

by Zoe Ward

Proposed law to reduce minimum voting rights for reconstruction

The number of aging apartment buildings in Japan that need to be rebuilt in the near future is growing at a rapid pace, yet actual reconstruction projects are seriously lagging.

These projects are frequently stalled as the body-corporate meetings can take up to 10 years before any agreement is reached. This is due in part to the laws which require over 80% of apartment owners to agree to reconstruction. Older buildings tend to have older residents who are happy to stay where they are and don't want to relocate to temporary accommodation for 3 years while awaiting their new home. Other setbacks include a lack of funds for the project and owners with low incomes who cannot afford to take on any additional financial burdens.Read more

by Zoe Ward

100 condominiums in Sendai City need rebuilding

In Sendai City, a condominium that was seriously damaged by the March 11 Tohoku Earthquake is scheduled to be demolished. Sunny Heights Takasago is a 14-storey apartment building with 189 units. The earthquake damaged the foundations and the building began to lean at a dangerous angle, threatening neighboring buildings. Demolition is scheduled to begin by the end of December and should be completed within 6 months. This is the first case in Sendai City of an apartment building of this size being demolished due to the effects of the Tohoku earthquake, but it won't be the last.Read more

by Zoe Ward

Japan's very first high-rise public housing condominium

Miyamasuzaka Building / Apartment

Built in 1953 (58 years old)
As seen in 2002 horror film "Dark Water"
Apartments sold for between 600,000 ~ 1,000,000 Yen when brand newRead 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