Sumitomo to redevelop former Floracion Hotel in Omotesando

Sumitomo Realty & Development has acquired the former Hotel Floracion Aoyama in Omotesando and plans to redevelop the site, although details on the future project have yet to be announced. Demolition of the 3 ~ 6 story building is expected to take place between March and August.

The 5,700 sqm site is a 5 minute walk from Omotesando Station. A freehold land parcel of this size and this close to Omotesando Station is incredibly rare.Read more


Construction starts on Omotesando public housing redevelopment

Construction on the Kita Aoyama 3 Chome District Project began on March 1. This is the redevelopment of the former Aoyama Kitamachi Apaato public housing complex located just behind Omotesando Station.

The redevelopment is being carried out under a joint venture between Tokyo Tatemono, Mitsui Fudosan, Mitsui Fudosan Residential and Kajima Corporation. The exterior has been designed by Kengo Kuma and Associates - the same architect as the nearby Olympic Stadium which is currently under construction.Read more


Omotesando's Seihou Building to be redeveloped

A 51-year old retail and public housing building alongside Aoyama Dori Avenue in Omotesando will soon be rebuilt. The 10-storey Seihou Building was built in 1967 and has a total floor area of 6,075 sqm (65,000 sq ft). It is jointly owned by a subsidiary of Mizuho Bank and the Urban Renaissance Agency.

The new building will have a total floor area or 16,000 sqm (172,000 sq ft), more than 2.5 times the size of the older building.Read more


Open Residencia Omotesando Jingumae The House

JINGUMAE, SHIBUYA-KU, TOKYO
BUILT IN 2018   |   27 UNITS   |   5 FLOORS

SIZE RANGE: 30.25 ~ 80.17 m² (325 ~ 863 ft²)
AVERAGE PRICE: ¥2,400,000/m²

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New condo for south Omotesando district

Sanyo Homes is developing a luxury low-rise condominium located 550 meters south of Omotesando Station and 160 meters from Kotto-dori ‘Antique’ Street. The property’s address is Shibuya, although it is directly across the street from the Minami Aoyama 5 Chome address.

The new building will replace the 5-storey former Garden Square Minami Aoyama rental-only apartment building (pictured above) which was built in 1989. Many of the low-rise apartment buildings along this street are rental-only and not available for purchase. The average age of a building along this street is 31 years.Read more


The Sanmaison Omotesando

JINGUMAE, SHIBUYA-KU, TOKYO
BUILT IN 2018   |   21 UNITS   |   6 FLOORS

SIZE RANGE: 60.68 ~ 134.69 m² (653 ~ 1,449 ft²)
AVERAGE PRICE: ¥4,000,000/m²

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Demolition underway on Omotesando public housing complex

Demolition of the old Aoyama Kitamachi Apaato housing complex in Omotesando is underway. Asbestos removal from four buildings is currently being carried out. Asbestos sheeting and spray-on insulation was used in some of the buildings’ rooftop waterproofing, plumbing insulation, and chimneys.

The city-owned public housing estate will soon be replaced with high-rise residential, aged care facilities and retail space.

The Tokyo Metropolitan Government has chosen six developers to partake in the project, including Tokyo Tatemono, Mitsui Fudosan, Kajima Corporation and Maeda Corporation.Read more