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Tsukiji move delay clouds Tokyo waterfront plans

Problems with new transport hub throw condo sales into doubt

Construction is underway at the new Tokyo Metropolitan Central Wholesale Market, known as Toyosu market, which will take over from the famous Tsukiji market, in Tokyo's Toyosu district.   © Reuters

TOKYO -- The delay in moving Tokyo's iconic Tsukiji fish market, one of the largest wholesale fish markets in the world, is jeopardizing plans to redevelop Tokyo's waterfront into a vibrant residential district.

The market was supposed to be torn down and turned into a transport hub with a major tunnel running through it that would connect the city center with the waterfront, where thousands of new condominium units are expected to be converted from athlete's quarters after the 2020 Tokyo Olympic and Paralympic Games.

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