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Why Shibuya, Japan, Needs to Keep Changing

Source: Bloomberg

Housing & Real EstateInfrastructure & DefenseMedia & Entertainment

A $14 billion redevelopment is reshaping Tokyo's Shibuya district, prompting concerns that the area could lose the cultural identity underpinning its global appeal. Bloomberg Opinion argues that continual rebuilding has historically helped keep Shibuya relevant, framing the project as a trade-off between preservation and urban renewal.

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