03
1963
Osaka
The Shin-Daibiru Building
A Pioneering Office Building That Led the Way
in Large Parking Garages and Rooftop Gardens
Anticipating the Automobile Revolution
Construction of the North Wing of the Shin-Daibiru Building began in April 1961 as planned. Although construction was forcibly delayed due to the government’s policy of restricting the construction of nonessential buildings and the damage caused by the 2nd Muroto Typhoon, construction was completed in 1963, creating an office building complex that integrated the South and North Wings. The real estate industry had been designated a nonessential industry, forcing Daibiru to obtain funding from sources other than financial institutions. The building was also groundbreaking for its use of a “construction assistance fund” that allows developers to borrow the costs of construction from tenants.
One of the most notable features of the completed North Wing was its large parking garage. The automobile revolution was in full swing in Japan thanks to its rapid economic growth. The number of automobiles produced in Japan grew rapidly with the full opening of the Meishin Expressway in 1965, but it wasn’t until the late 1960s that automobile production really took off. Granted that the existing building had little parking space, the fact that Daibiru anticipated the automobile revolution and built a large parking garage for the new building was certainly a wise decision. This decision allocated a total of 11,495 m2 of space on the basement level to accommodate approximately 3,000 vehicles. Daibiru anticipated that the size of its parking garage would be a major factor influencing the building’s value assessment.
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1927 1931 Hibiya Daibiru Buildings
No. 1 and No. 2 -
2007 International Operations
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- An Unexpected Discovery of a Good Property
- Mutual Trust and a Long-Term Perspective as Points of Agreement
- The Acquisition of a Property in Hanoi Through Unity of Philosophy
- Implementing Daibiru Quality Through Building Renovations
- Challenges in Australia, Our Second Overseas Expansion Target
- The Discovery of 275 George Street
- Difficult Contract Negotiations with JHG
- Overcoming Several Unexpected Difficulties
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