With a project value of $559 million, the JRKNEDURPA – JR Koiwa Station North Exit District Type One Urban Redevelopment – Tokyo project was the largest Stores construction project in Japan on which construction started in Q1 2022. The JRKNEDURPA – JR Koiwa Station North Exit District Type One Urban Redevelopment – Tokyo project is located in Japan and initially announced in Q3 2019 with an estimated completion in Q1 2027. The HC – Hirakatashi Station Area Type One Urban Redevelopment – Osaka project was the second-largest project with a project value of $392 million, on which construction work started in Q1 2022. The HC – Hirakatashi Station Area Type One Urban Redevelopment – Osaka project is located in Japan and initially announced in Q1 2018 with an estimated completion in Q4 2025.
The NRED/MC – Shakujii Koen Station South Exit West District Urban Redevelopment – Tokyo project was the third-largest project, the AC – The Surpass Tower Niigata Bandai City – Japan was the fourth-largest project, and the Daibiru – Midosuji Daibiru Office Building Redevelopment – Osaka was the fifth-largest project with a project value of $200 million, $80 million and $50 million respectively. The NRED/MC – Shakujii Koen Station South Exit West District Urban Redevelopment – Tokyo project located in Japan was announced in Q2 2020 with an estimated completion in Q4 2026, the AC – The Surpass Tower Niigata Bandai City – Japan project located in Japan was announced in Q4 2020 with an estimated completion in Q4 2024 and the Daibiru – Midosuji Daibiru Office Building Redevelopment – Osaka project located in Japan was announced in Q1 2020 with an estimated completion in Q1 2024.
Among the five largest projects, the JRKNEDURPA – JR Koiwa Station North Exit District Type One Urban Redevelopment – Tokyo project is the longest in terms of completion date, with construction expected to be completed in Q1 2027. On the other hand, the Daibiru – Midosuji Daibiru Office Building Redevelopment – Osaka project is the shortest in terms of completion date, with construction expected to be completed in Q1 2024.
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