What is the expected timeline for construction in Tokyo?

The expected timeline for construction in Tokyo often aligns with typical urban development project durations. A 2-year build-out is a common estimate for many residential and commercial projects, taking into account the various phases involved, such as planning, permitting, actual construction, and fit-out processes.

In a bustling metropolitan area like Tokyo, the construction timeline can be influenced by factors such as the complexity of the project, local regulations, site conditions, and the availability of labor. A 2-year timeframe allows for ample opportunity to address these challenges while still progressing at a manageable pace.

Shorter timelines, such as a 1-year build-out, may be unrealistic for many projects given the procedures and processes necessary for compliance with local building codes and regulations. Conversely, longer timelines like a 3-year or 5-year build-out might apply to particularly large or complex developments, or those involving significant infrastructure changes, which are less common for standard building projects. Therefore, a 2-year build-out is a practical and achievable expectation for many developments in Tokyo's market context.