Department Store Site Reborn: 218-Unit Tower to Rise on Takasaki's Suzuran Grounds
- Tokyo Tatemono and Anabuki Kosan will redevelop the former Suzuran store site in Takasaki
- A 19-story condominium with 218 units is planned
- Housing, a department store, parking and a plaza will be developed as one
- Completion is slated for October 2029, handover that December
The retreat of regional department stores is becoming the opening act of regional urban renewal. In Takasaki, Gunma, the former Suzuran store site will host 'Brillia Takasaki Miyamotocho Alpha Residencia'—a 19-story, 218-unit condominium integrated with a department store, self-park garage and plaza, completing October 2029. The formula is the standard playbook for mid-size city cores: retail alone cannot hold, but central land value remains, so housing pulls residents back downtown while mixed use preserves commerce.
For property watchers whose radar covers only Tokyo and Osaka, Shinkansen-served regional hubs like Takasaki offer station-front quality at a fraction of capital prices, underpinned by transport and jobs. The checklist: walking distance to the station, Shinkansen service, and whether further large projects follow.