News On Japan

Shibuya Station Redevelopment Enters Final Phase

TOKYO - A groundbreaking ceremony was held for the final phase of a major redevelopment project around Shibuya Station, where Tokyu Corporation and JR East plan to construct two new complex buildings at Shibuya Scramble Square and develop a pedestrian deck connecting the station's east and west sides.

The entire redevelopment is now expected to be completed in fiscal 2034, seven years later than initially planned.

The Shibuya Station redevelopment project is one of Tokyo’s most ambitious urban renewal efforts, aiming to transform one of the city's busiest and most iconic districts into a modern, globally competitive hub for business, culture, and transportation. Originally launched in the early 2000s through a partnership between Tokyu Corporation, JR East, and other stakeholders, the project has undergone several phases of planning and construction, with each stage carefully designed to address the growing needs of commuters, residents, and international visitors. At the heart of the redevelopment is Shibuya Scramble Square, a landmark complex symbolizing the district’s evolution, and the broader initiative to redefine urban connectivity through infrastructure upgrades and new public spaces.

The project has been carried out in multiple phases, starting with improvements to the Shibuya Station building itself, including upgrades to the Ginza, Hanzomon, Fukutoshin, and JR lines to improve ease of transfers. In recent years, the redevelopment has seen the completion of major structures such as the Shibuya Hikarie and the east building of Shibuya Scramble Square, which houses office space, commercial facilities, and an observation deck offering panoramic views of the city. These developments have already begun to reshape the district’s skyline and functionality, gradually moving away from its former chaotic layout toward a more integrated, pedestrian-friendly design.

The final phase, now underway, marks a significant milestone in the overall vision. It includes the construction of two new mixed-use towers adjacent to the existing Scramble Square building and a large-scale pedestrian deck that will directly link the east and west sides of Shibuya Station—an improvement long sought after to reduce congestion and enhance walkability. Until now, foot traffic between the two sides has been heavily dependent on underground passages or inconvenient surface routes, often clogged with people during peak hours. The deck is expected to not only ease this bottleneck but also create a more intuitive flow of movement for daily commuters and tourists alike.

Originally scheduled for completion by the late 2020s, the redevelopment timeline has been pushed back, with full completion now expected in fiscal 2034. The delay is attributed to a combination of logistical complexities, extended planning reviews, and the challenges posed by the COVID-19 pandemic, which disrupted construction schedules and shifted corporate priorities. Nevertheless, the stakeholders have reaffirmed their commitment to the project, viewing it as a long-term investment in Tokyo’s global competitiveness and resilience.

Beyond its architectural significance, the Shibuya redevelopment reflects a broader trend in Japanese urban planning: the need to modernize aging infrastructure while responding to shifts in population dynamics, work styles, and tourism. Shibuya, long known for its youth culture and bustling scramble crossing, is now being positioned as a multi-functional urban center that balances commerce, mobility, and livability. The integration of smart technology, sustainable building practices, and public amenities within the project indicates a forward-looking approach that could serve as a model for other city hubs undergoing similar transitions.

Source: テレ東BIZ

News On Japan
POPULAR NEWS

Prime Minister Sanae Takaichi and British Prime Minister Keir Starmer agreed to strengthen cooperation in economic security, defense and advanced technologies during talks in London on June 14, with the two leaders expected to release a joint document outlining a broad new framework for collaboration ranging from artificial intelligence and semiconductors to critical minerals and energy security.

When Japan kicks off its World Cup campaign against the Netherlands at 5:00 a.m. Japan time on June 15 at Dallas Stadium in Texas, the Samurai Blue will do so without one of their most influential players. Liverpool midfielder and former captain Wataru Endo has been ruled out through injury, prompting coach Hajime Moriyasu to hand the captain's armband to Ajax defender Ko Itakura while relying on Leeds United midfielder Ao Tanaka and Crystal Palace playmaker Daichi Kamada to help fill the void left in central midfield.

Police in Kyoto Prefecture are investigating a hit-and-run after a vehicle crashed into the Maizuru office of Liberal Democratic Party Lower House member Taro Honda late on June 13 before the driver fled the scene.

A fire broke out at a Buddhist temple in Obihiro, Hokkaido, on June 13th, sending flames soaring from the building and causing temporary alarm in a nearby residential neighborhood before being largely extinguished about two hours later.

The Japanese government on June 12th released new guidelines calling for women’s toilets to have at least as many fixtures as men’s toilets in public facilities, seeking to address the persistent problem of long queues at women’s restrooms in places such as train stations and event venues.

MEDIA CHANNELS
         

MORE Business NEWS

Japanese stocks rebounded sharply on June 12th, with the Nikkei Stock Average closing back above the 66,000 level for the first time in a week as easing concerns over tensions in the Middle East and a strong rally in U.S. technology shares fueled broad buying of AI-related stocks.

Restructuring is often associated with companies in financial trouble, but a growing number of profitable Japanese corporations are now encouraging employees to take early retirement as part of efforts to reshape their workforces for the future, creating both opportunities and significant risks for workers considering a second career.

Seven-Eleven Japan announced that it will establish a new company with CyberAgent and Dentsu to develop advertising services, using digital signage installed in its stores to deliver targeted advertisements based on real-time conditions.

Domestic gold prices in Japan fell sharply on June 11, with the benchmark retail gold price announced by Tanaka Precious Metal Technologies dropping 906 yen from the previous day to 23,262 yen per gram as of 9:30 a.m., marking the lowest level of the year.

U.S. coffee giant Starbucks is considering selling its Japan business, with Bloomberg reporting that the company has begun preliminary talks with investment banks and that any deal could be worth between 400 billion yen and 500 billion yen.

The Bank of Japan is set to raise its policy interest rate from 0.75% to 1.0% at its monetary policy meeting on June 15th and 16th, a move that could mark another step in the central bank's gradual shift away from ultra-loose monetary policy as inflation remains elevated and the yen continues to weaken.

The contemporary corporate field across Japan is undergoing a profound digital transformation as forward-thinking organizations strive to maintain their market competitiveness in a globalized economy.

Japan's corporate goods prices rose 6.3% in May from a year earlier, marking the fastest pace of increase in more than three years as higher oil and petrochemical costs linked to tensions in the Middle East pushed up wholesale prices.