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Redevelopment plans in Tokyo

Major real estate developments in Tokyo leading up to the Olympics 2020.

Tokyo is currently facing a time of intensifying global intercity competition. Looking around the world, big cities such as London, Paris, and New York, the center of these cities are going to change greatly and be reborn by various redevelopment plans.

In this global environment, various redevelopment projects are also in progress in many areas of central Tokyo. These redevelopments are linked to government-led programs such as the National Strategic Special Zone launched in 2013 and the Special Zone for Asian Headquarters launched in 2011 and are aimed at increasing the competitiveness of Tokyo as a cutting edge international city.

In addition, holding the Tokyo Olympics in 2020 will create further opportunity and motivation for redevelopment in Tokyo, and hence, central Tokyo will accomplish a remarkable change by about 2025.

Toranomon - Azabudai Redevelopment

The redevelopment will cover the area of about 8.1hectare constructing 7 buildings with a total floor area of about 820,000 square meters including a 300m tall building.

Through this redevelopment plan, various enhancement works in the planned area will be realized simultaneously such as; construction of new roads running south-north and east-west for connecting the neighboring major streets; construction of new pedestrian road network connecting Metro Kamiyacho Station and Roppongi-itchome Station; construction of a green space and a large-scale open space utilizing the landscape of the planned area; improvement of safety by eliminating crowded areas of wooden buildings.

In addition, for improvement of a favorable living environment for foreigners the various facilities will be constructed such as an international education facility, a facility for supporting foreigners' life and socialization, and about 1300units in total of residence and lodging facilities to meet various needs.

390m tall tower for Tokyo Station (2021 ~ 2027)

Located just 300 meters north of Tokyo Station, the Tokiwabashi District Redevelopment will include two high-rise towers – a 37-storey, 230m tall office tower due for completion in 2021 and a 61-storey, 390m tall office tower due for completion in 2027. This will be Japan’s tallest building when complete.

High-rises near Toranomon Hills (2019 ~ 2022)

Mori Building is planning three new high-rise towers for the blocks around Toranomon Hills in Minato Ward. The development sites have a total land area of 7.5 hectares and will include a 56-storey, 220m tall residential tower, a high-rise office tower, and a 36-storey, 185m tall office tower.

There will also be a new station on the Hibiya Line between Toranomon and Kamiyacho Stations due to open by 2020. The new station will eventually connect directly to Toranomon Hills.

출처 : http://japanpropertycentral.com/2017/02/post-2020-real-estate-developments-in-tokyo/