Japan’s tallest and biggest residential project planned for Shinjuku

Nishi Shinjuku 3 Chome 65 storey 1

Nomura Real Estate Development, Tokyo Tatemono and two other developers are preparing to embark on one of Japan’s largest residential developments. Two 235-meter tall, 65-storey apartment buildings are planned for a site on the edge of Shinjuku’s bustling business district. The two towers will contain a total of 3,200 apartments.

Construction is scheduled to start in 2019, with completion by 2026. When complete, the two towers will be the tallest residential buildings in Japan based on floor count, and the largest development based on total apartment count.

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Historic residence in Ichigaya to be partially demolished

Chief Justice Residence Shinjuku 1

A 88-year old traditional Japanese residence in the Ichigaya neighbourhood in Shinjuku will be partially demolished. The house was built in 1928 as a residence for a wealthy shipping industry magnate from Toyama Prefecture. It was designed by architect Tetsuro Yoshida, an architect for the Ministry of Communications.

The 2-storey, 582 sqm house sits on a 3,837 sqm landscaped block of land. It includes a blend of both traditional Japanese and western styles, and is one of the few remaining large pre-war homes in Tokyo.

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3,200 unit apartment building for Nishi Shinjuku

Nishi Shinjuku 3 Chome Redevelopment

A large development site situated between Shinjuku Park Tower/Park Hyatt and Opera City in Nishi Shinjuku may finally see some activity as the redevelopment association move forward on construction plans.

Current discussions call for two 65-storey high-rise residential towers containing around 3,200 apartments. A town planning decision will be made in 2016, and if approved, construction could begin in 2019.

A 60-storey condominium tower is currently under construction in Nishi Shinjuku 5 Chome. The Parkhouse Nishi Shinjuku Tower 60 was advertised as being the tallest apartment building in Japan based on the total number of floors, but if the Nishi Shinjuku 3 Chome Project goes ahead as planned, The Parkhouse won’t keep its title for long.

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Possible plans for a 66-storey apartment building in Shinjuku

Nishi Shinjuku 3 Chome West District Redevelopment 2

According to a recent article in the Shinjuku Shimbun, there are plans for two 60+ storey apartment buildings in Nishi-Shinjuku. A recent press release by the Real Estate Economic Institute suggests that the project will include two residential towers – a 66-storey and 50-storey tower containing a total of 2,500 apartments.

The Nishi-Shinjuku 3 Chome West District Redevelopment is located directly to the west of Shinjuku Park Tower (52 storeys; 235m). Construction is tentatively scheduled to start in 2019.

Redevelopment discussions began back in 1993, but plans have been changed and delayed over the years. The original plans drawn up for this site in 2000 included four towers – a 77-storey office tower (339m), 2 x 66-storey residential towers (245m) and a 50-storey residential tower (190m). There was even talk of adding a new train station between Shinjuku and Hatsudai Stations on the Keio Line, or extending an underground pedestrian passageway to provide direct access from Shinjuku Station. However, obtaining consensus among landowners and acquiring the necessary parcels proved a difficult task. The project was delayed and eventually abandoned after the economic downturn in 2008.

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Scandal-ridden site in Shinjuku up for public auction

Shinjuku Building 1
[Left] The foreclosed land. [Right] The former Shinjuku Building (now demolished) that stood on the site.
Located in a prime commercial zone near the south exit of Shinjuku Station is a notorious block of vacant land that has been at the centre of a well-known scandal.

Due to the messy history behind this land, most people had given up on the thought of ever seeing this site redeveloped. However, the land is being put up for public auction on February 17, 2015, by the Tokyo Tax Office with a minimum bid set at 2.19 billion Yen (18.5 million USD).

The Shinjuku Building Incident

The site was once home to the Shinjuku Building – a 12-storey multi-tenant building built in 1983 and demolished in early 2011.

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Tokyo City Hall facing 76 billion Yen repair bill

Tokyo Metropolitan Government BldgThe 22-year old Tokyo Metropolitan Government Building (aka Tokyo City Hall or ‘Tocho’) in Shinjuku is facing a large-scale maintenance and repair bill estimated to cost 76.2 billion Yen (approximately 783 million USD).

Designed by architect Kenzo Tange, the government building was completed in 1991 at a cost of 156.9 billion Yen. The 243m tall building was once the tallest in Japan. 

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Korea Town leads to rise in land values

The South Korean pop culture boom in Shinjuku’s “Korea Town” has led to a large increase in surrounding land values.

According to the 2012 Koji-Chika assessed land values, the Shinokubo area in Shinjuku which has a large South Korean population has seen land values increase by 1.7% over the past year. While the nationwide residential land values have fallen by 2.3% and 3.1% in business districts, Korea Town has managed to escape from the declining land values.

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