2016 Volume 15 Issue 3 Pages 142-147
This study investigates the current status and issues of public contribution in urban redevelopment projects with high-rise condominiums in central Tokyo from point of views of population recovery, tax revenue effect and tax expenditure, characteristics of public open space, and so on. The results are as follows from the case studies in Chuo, Chiyoda, and Minato wards decided since 2003: 1) Population and tax revenues of three wards increased. Chuo ward issued municipal bonds for provision of elementary school. 2) High-rise condominiums with urban redevelopment projects are higher than the average sales price of condominiums in Tokyo. 3) Public open spaces of offices and commercial buildings tend to be open-minded design, but those of high-rise condominiums tend to be closed and exclusive design.
