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I will now present our projects in the Shibuya, Omotesando, and Aoyama areas.
Currently operating commercial facilities and office buildings are marked in red and orange, respectively, and projects that are currently in the planning stage are marked in green.
As for the redevelopment project in the Shibuya Station area, an urban planning decision was made in June concerning urban planning for the Shibuya Dogenzaka block, where Tokyu Plaza Shibuya is currently situated, which we had proposed to the Tokyo Metropolitan Government jointly with the Shibuya Station block and the Shibuya Station south block.
In this project, in fiscal 2018 we expect to open a building consisting of 17 floors above ground and 4 floors below ground, with the higher floors to be used as offices and the lower floors to be used as commercial facilities.
In the Omotesando and Aoyama areas, we are planning the Omotesando Project (tentative name), the development of an office building located near the Spline Aoyama Tokyu Building that opened in July 2012, and the Jingumae 6-chome Project (tentative name), a commercial facility development project near Tokyu Plaza Omotesando Harajuku. Both of these facilities are expected to open in fiscal 2014.
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