2020-03-20

Large Scale Redevelopment of Ikebukuro Planned

News

image via Tokyo Metropolitan Government

Some of Japan's most prominent real estate developers, Sumitomo Real Estate and Nomura Real Estate, have joined forces for the redevelopment of Tokyo's Ikebukuro district. The revitalization project was approved by the Tokyo Metropolitan Government this month.

Area Guide to Living in Ikebukuro

Two new mixed-use buildings will be constructed in the area of Higashi-Ikebukuro Station. The new buildings will be 53 and 50 floors, respectively, and house several commercial facilities along with residential space. Also, a network of underground passages, coupled with a plaza, will create a pathway to Higashi-Ikebukuro Station.

Top 5 Things to Do in Ikebukuro

The underground plaza will also serve as a bunker for citizens to take shelter in during natural disasters and other emergencies. The city has planned for all residents of Toshima Ward to be able to use the underground facility in case of a disaster. The total estimate of the entire project is projected to be in the range of 110 billion yen (1.02 million USD). Project completion is scheduled for early 2023.