News Article

Tokyu Toyoko department store in Shibuya set to close

Amid a vast renovation initiative, another recognisable sight will say farewell next year with a continually evolving landscape around Tokyo’s Shibuya Station.

Tokyu Department Store Co. has announced on Monday that it will shut its 85-year-old Toyoko store, which will be immediately attached to the airport on March 31, except the food market in the cellar.

A Tokyu Corp. spokeswoman, who runs Tokyu Department Store and oversees the renovation project, said the choice was taken given the large-scale plan’s advancement.

According to a Tokyu Department Store spokeswoman, the revenue numbers of the Toyoko store are the largest among all the divisions of the company due to their priority place. She said in latest years, the shop has also proved famous among overseas visitors.

The Toyoko shop comprises of nine floors above ground and one subterranean deck in front of the famous shuttle bridge of the district.

Inaugurated in 1934, it has been a monument of Shibuya for centuries. Tokyu said it didn’t decide how to use the place as soon as it stops activities.

In November, Tokyu will launch a 47-story building called Shibuya Scramble Square which will be attached straight to Shibuya Station. In fiscal 2027, the facility will be extended by restoring the present department store location in Toyoko.

Since 2012, Tokyu has promoted the significant restructuring of fields around Shibuya Station. The commercial office building of the Hikarie opened that year, replacing the complex and planetarium of the Tokyu Bunkakaikan theatre, which was also a landmark of the area and had been operating for about 50 years.

Another high-rise building, Shibuya Stream, opened last September.

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