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Business

JR East sees 130K daily passengers at planned Tokyo station

JR East aims to create a bustling neighborhood in this space.

TOKYO -- The new station that East Japan Railway plans to build in Tokyo between the Shinagawa and Tamachi stops on the Yamanote railway loop likely will handle 130,000 passengers a day, JR East President Tetsuro Tomita told The Nikkei.

The railway operator is redeveloping 130,000 sq. meters around the planned station in a project that Tomita said reflects the company's intention to become involved in creating new towns. He said the redeveloped site would attract crowds equal in scale to the areas around the Ebisu and Gotanda stations in Tokyo.

The new station, scheduled to open partially in 2020, will cover 7,600 sq. meters and have two platforms, each equipped with two elevators and four escalators to handle the morning and evening rushes smoothly.

JR East plans to spend some 500 billion yen ($4.8 billion) to construct seven complexes covering a combined 1 million sq. meters around the station. The redevelopment project, which will create housing and offices as well as commercial and cultural facilities, is to be 60% finished when the new town is christened in 2024, with full completion slated for the 2030s.

The area around the nearby Shinagawa Station is ripe for redevelopment because it is such a vital transportation hub. The access line to Narita Airport operated by Keikyu stops there, and the station will also serve as the originating point for the planned maglev Chuo Shinkansen.

Keikyu plans to redevelop a 25,000 sq.-meter site across from Shinagawa Station that is currently occupied by the Shinagawa Goos building complex. The new property to be completed around 2027 is expected to triple the floor space and house a hotel, offices, a convention hall and residential units. In neighboring Takanawa area, Seibu Holdings plans to redevelop 130,000 sq. meters where the Shinagawa Prince Hotel is located.

(Nikkei)

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