Nagoya’s Sakae District Revitalized with High-Rise Developments

Feb 06, 2025 | News On Japan

NAGOYA - Nagoya’s Sakae district, one of Aichi Prefecture’s major commercial areas, is undergoing extensive redevelopment to create a more vibrant urban space and replace aging buildings.

In 2019, the district’s skyline was dominated by what is now known as Chubu Electric Power MIRAI Tower, formerly the Nagoya TV Tower.

By 2025, the area has seen the rise of several high-rise buildings, including the Chunichi Building and The Landmark Nagoya Sakae.

Previously, redevelopment efforts in Nagoya focused primarily on the area around Nagoya Station. However, Sakae has now been designated as a "Priority Urban Development Area" to accelerate urban revitalization.

The Landmark Nagoya Sakae, a 211-meter skyscraper, benefited from relaxed floor area ratio (FAR) regulations. While the standard FAR for the location is 1,000%, an additional 1,050% was granted due to the building’s high contribution to the area, bringing it to 2,050%.

One of its key features is the inclusion of Conrad Nagoya, a luxury brand of Hilton Hotels. Another major aspect is its direct connection to the underground shopping area, enhancing accessibility and fostering a lively urban atmosphere.

Sakae is also set to welcome a new movie theater for the first time in years. The facility is expected to be completed by March 2026 and will open for business in the summer.

Source: 東海テレビ NEWS ONE

Two Typhoons Set to Approach Okinawa and Eastern Japan

Very strong Typhoon No. 7, Mekkhala, was moving north south of Okinawa as of 9 a.m. on June 24 and is forecast to approach Miyakojima on June 25 and Okinawa’s main island around June 26 before moving east along the southern coast of Honshu, while Typhoon No. 8, Higos, is expected to move on an inner track and approach eastern Japan first, raising the risk of heavy rain across western and eastern Japan.Typhoon No. 7 was located east of the Philippines at 9 p.m. on June 23 and was moving slowly north.

Inside The Shadow Market For Japan’s Temples And Shrines

The sale of religious corporations that operate temples and shrines across Japan is drawing growing scrutiny from authorities, who fear the transactions could be used for tax evasion and money laundering, as brokers openly advertise properties and corporate status for tens or even hundreds of millions of yen.

Japanese Among 17 Detained in Laos Over Special Fraud Operation

Nine Japanese nationals were among 17 people detained in Laos on suspicion of involvement in a special fraud operation, while Japanese authorities have sought cooperation from Cambodian police over dozens of Japanese citizens believed to have gone missing after traveling to Cambodia.

Japan Moves to Ease Thinner Shortage as Naphtha Shock Hits Builders

Japan will begin a new system on June 23 to sell paint and thinner directly from manufacturers to construction firms and other businesses, aiming to ease supply bottlenecks and curb price increases as worsening conditions in the Middle East make such materials harder to obtain.

Three Bear Cubs Seen Climbing Tree Putting Town on Alert

Three bear cubs were spotted climbing a tree in Hirogawa, Wakayama Prefecture, on the morning of June 22, prompting the town to put up warning signs and call on residents to stay alert, although no injuries or damage have been reported.

MEDIA CHANNELS

MORE Business NEWS

Japan’s Shipbuilders Look to Resume Construction of LNG Carriers

Imabari Shipbuilding, Kawasaki Heavy Industries, and Namura Shipbuilding are aiming to resume construction of liquefied natural gas carriers around 2035, as Japan’s shipbuilding industry looks for a path to recovery after losing much of the global market to lower-cost rivals in South Korea and China.

Japan And U.S. Discuss Response as Yen Weakens to 39-Year Low

Finance Minister Katayama held online talks with U.S. Treasury Secretary Scott Bessent as the yen approached its weakest level in about 39 years, with the two sides believed to have discussed possible responses, including foreign exchange intervention.

How to Buy from a Japanese Car Auction Without Getting Scammed?

Every year, thousands of people save money by buying through the Japanese auction process. But many do not realize they've paid too much until the vehicle arrives.

Nikkei Ends Above 72,000 For First Time As Record Run Extends

Tokyo stocks surged at the start of the week, with the Nikkei Stock Average closing above 72,000 for the first time and extending its record-setting streak to a sixth consecutive trading day.

Rising Sugar Costs Leave Bitter Taste for Confectionery Lovers

Sugar prices are on a firmer upward trend as concerns grow over the impact of Middle East tensions and the weaker yen, raising the prospect of further cost pressure on confectionery and other food products.

Japan Enters 1% Rate Era

The Bank of Japan's decision on June 16 to raise its policy interest rate to 1%, the highest level in roughly 30 years, is expected to increase annual net burdens by more than 20,000 yen for households in their 30s with two or more members once higher interest income on deposits and increased mortgage repayment costs are both taken into account, according to estimates by an economist.

Hearing Aids for Dogs? Latest Pet Products in 2 Trillion Yen Market

A major pet-related product fair opened in Osaka on June 20, bringing together more than 400 companies and showcasing new technologies and products ranging from a bone-conduction hearing device for dogs to furniture designed for cats and their owners to relax together.

BOJ Governor Ueda Discharged From Hospital, To Return To Work June 23

Bank of Japan Governor Kazuo Ueda has been discharged from hospital after receiving treatment for an infected liver cyst and is expected to return to work on June 23 while continuing outpatient care for about two weeks.

< 2 3 4 5 >