Article by: Miku Kudo

Shibuya's new landmark, Tokyu Land Corporation announces its largest project... condominiums in commercial facilities

On the 9th, Tokyu Land completed the complex building "Shibuya Sakura Stage" under development in the "Sakuragaoka district" on the south side of Shibuya Station on November 30th, and commercial facilities will open sequentially by around the summer of 2024. announced.

It is the largest project in the redevelopment around Shibuya Station that the company is working on, and it is likely to become a new symbol of Shibuya. A tower with 39 and 30 floors above ground, with a site area of ​​about 2.6 hectares. In addition to a commercial facility of about 15,200 square meters with various tenants, offices and condominiums will be included.

In order to attract diverse human resources, it will also have rental housing for medium- to long-term residents operated by the Hyatt Group, a major American hotel company, multilingual child-rearing support facilities, and medical institutions. Shibuya is the home of Tokyu Land Corporation's head office, but the Sakuragaoka district, which is divided by main streets and railroad tracks, has not progressed in redevelopment compared to other districts. With the opening of Sakura Stage, the company hopes to increase the number of visitors and strengthen the company's business foundation.

At a press conference on the 9th, President Masashi Okada said, "We would like to support the stay of foreign businessmen and spur diversity in the city."