Last Update: 01/19 2018 14:30 JST

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Development Projects

Plans uncovered by our on-site surveys and company releases

  • Apa developing 259-room hotel near Chiba Station 01.19.2018

    Apa Home, a unit of hotel operator the Apa Group, acquired a 1,307 m2 site for development in Chuo-ku, Chiba City. The transaction took place in December 2017. The company will develop its fifth hotel in Chiba Prefecture on the site. The seller is Chuo-ku's real estate company San Shin Jyuken. >>

  • TKP developing 161-room hotel in Osaka’s Umeda 01.18.2018

    Rental conference room operator TKP will embark on hotel development in Osaka's Umeda area as its first such endeavor in the Kansai area. Apa Hotel will operate the hotel after it is completed. It will have 161 guestrooms and the opening is slated for May 2019. >>

  • Fujisoft-Takenaka JV wins Y15bn land in Shiodome, Minato-ku (corrected) 01.17.2018

    The Tokyo Metropolitan Government selected a group named the AIS-CRM50th project represented by system integrator Fujisoft and joined by member general contractor Takenaka as the developer of the project for utilization of the land owned by the Tokyo Metropolitan Government in Shiodome West District in December 2017. The group will purchase two project sites with a total land area of 3,021 m2, which face each other across a road, for 15.02 billion yen [$130 million], and construct two mixed-use buildings with 23,329 m2 of gross floor area in total.>>

  • TKP developing two hotels in central Fukuoka City 01.15.2018

    Shinjuku-ku rental conference room operator TKP will acquire hourly parking lots in Daimyo, Chuo-ku, Fukuoka City and Higashihie, Hakata-ku in the same city. The transactions will take place on January 31 and the seller is Trust Holdings subsidiary Trust Realty Development of Fukuoka City. TKP will develop a hotel on each site and construction will start in July 2018, with completion slated for November 2019, respectively. >>

  • Sumitomo Corp developing Kanda-Tsukasamachi PREX Annex 01.12.2018

    Sumitomo Corporation will construct Kanda-Tsukasamachi PREX Annex, an annex of Kanda-Tsukasamachi PREX, which is being constructed in Kanda-Tsukasamachi, Chiyoda-ku. PREX is the medium-size office building brand of the trading firm. >>

  • Open House secures condo development land in Shibuya-ku 01.10.2018

    Open House Development of Chiyoda-ku, which is under the umbrella of homebuilder Open House, acquired AlberoAlto, an office property in Oyamacho, Shibuya-ku, and the adjacent plot of land. The transaction took place in August 2017. The sellers were two affiliates of apparel maker Gifutake of Mizuho City, Gifu Prefecture: Takagi Kosan based in the same city and JBM International of Shibuya-ku, Tokyo. >>

  • Cosmos Initia developing condominium in Asakusa 01.09.2018

    Condominium developer Cosmos Initia purchased Seiai Clinic in Asakusa, Taito-ku. The transaction took place in June 2017 and the sellers were several individuals. Cosmos Initial will construct a condominium that will have 11 floors above ground with 3,157 m2 of gross floor area. >>

  • Sumitomo Corp developing office in Kanda-Jinbocho, Chiyoda-ku 01.05.2018

    Trading firm Sumitomo Corporation will construct Kanda-Jinbocho PREX in Kanda-Jinbocho, Chiyoda-ku under its PREX mid-sized office building brand. Designed by general contractor Maeda, the building will have nine floors above ground with 3,983 m2 of gross floor area. Construction will start in May 2018, with completion targeted for October 2019. >>

  • Tokyu Corp developing mixed-use building in Shinjuku’s Kabukicho 01.04.2018

    The outline of a facility planned in Kabukicho, Shinjuku-ku was unveiled at a Tokyo Metropolitan Government Urban Renaissance Subcommittee meeting of the National Strategic Special Zone Team in December 2017. The development is planned by railway operator Tokyu Corporation and its affiliate Tokyu Recreation. The building, consisting of a hotel and entertainment facilities, will have 40 floors above ground and five below with about 85,800 m2 of gross floor area. Construction will start in fiscal 2019, with completion targeted for fiscal 2022. >>

  • Tokyu Corp expands SOHO conversion business 12.28.2017

    Railway operator Tokyu Corporation started a business to renovate used buildings into small offices which they will then lease. For its first project, it opened Shibuya Cherry Garden, a mixed-use building comprised of small offices and serviced apartments, at Sakuragaokacho, Shibuya-ku in December 2017. >>


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