Reports of the City Planning Institute of Japan
Online ISSN : 2436-4460
Methods of ‘Innovation Districts’ in Urban Centers and the Role of Private Real Estate Companies
Case Study of “Nihonbashi Hamacho District” and the “Yaesu, Nihonbashi, and Kyobashi District” in Chuo Ward, Tokyo
Takumi EsakaHaruki YamanouchiAkito YoshidaRui IzumiyamaKatsuya Uozaki
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RESEARCH REPORT / TECHNICAL REPORT FREE ACCESS

2025 Volume 24 Issue 3 Pages 499-503

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Abstract

In recent years, sustainable economic growth and enhanced international competitiveness have become critical urban regeneration challenges due to new technologies like AI and IoT, globalization, and rapid socio-economic changes. This study examines "Innovation Districts"—areas strategically designed to generate innovation—focusing on Nihonbashi Hamacho and Yaesu-Nihonbashi-Kyobashi districts to clarify domestic applicability and private developers' roles. Through literature reviews, site surveys, and interviews analyzing sequential development projects by single developers, the study found that developers play significant roles in "physical assets" by establishing coworking spaces and community facilities, with cost and time reductions through utilizing owned properties. For "economic assets" representing innovation-creating companies and "network assets" promoting collaboration, developers leverage their position for corporate recruitment and area management activities. Collaboration with stakeholders sharing the district's vision from upstream to downstream enables realization of district goals and high-quality community formation.

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