Shibuya City Office redevelopment confirmed
On September 10, an official decision was made to redevelop the Shibuya City Office and adjoining Shibuya Public Hall (C.C. Lemon Hall). The two buildings were completed in 1964, with the hall hosting the weight-lifting events at the 1964 Summer Olympics.
Demolition of the City Office will begin in 2015 and the new building should be completed by 2018. The building will be similar in scale to the existing ones. Part of the 12,500 sqm block will be converted to leasehold and may become the site of a future residential building.Read more
Skyz Tower & Garden over half sold
Although completion is not expected until August 2014, 630 of the 1,110 apartments in Skyz Tower & Garden in Toyosu have already sold.Read more
The Parkhouse Harumi Towers sees a surge in interest following Olympics announcement
The sales office at The Parkhouse Harumi Towers was abuzz with activity on Sunday after it was announced that Tokyo was chosen to host the 2020 Summer Olympics. The twin high-rise condominiums are located on the same island in Tokyo Bay that will be the site of the Athletes Village.
On a normal weekend, the sales office receives around 30 visitors, and make 4 or 5 sales. On Sunday, however, as many as 60 people visited the showroom and 10 purchase agreements were signed.Read more
Pembroke to redevelop site opposite Tokyo Midtown
Pembroke Real Estate will soon be embarking on their first redevelopment project in Japan - a 14-storey retail/commercial building in Roppongi 7 Chome. The site is in a prime position alongside Gaien-Higashi Dori Avenue and directly across from Tokyo Midtown.
The 4,000 sqm development site was originally several smaller parcels of land. Pembroke began purchasing the various buildings from around 2007 onwards. The site temporarily housed the 'Mercedes Benz Connection' concept showroom and is located next door to a building housing the headquarters of the Inakawa-gai yakuza group.