According to land prices released by the seven prefectures of Kyushu on Sept. 18 (current as of Jul. 1), an address on Fukuoka’s Tenjin-Nishi-dori Ave. became the highest price commercial land in Kyushu, beating sites out along Tenjin-Meiji-dori Ave., which had held onto the top spot for 16 years in a row. With its value up 4.8% year-on-year, the most expensive address in Kyushu is now 2-5-17 Tenjin (Tenjin Platz), clocking it at ¥3.5 million per square meter. The rise in land prices along Nishi-dori is attributed to the influx in big name stores, including Abercrombie and Fitch (2010), Forever 21 (2012) and AU Fukuoka, KDDI’s first directly-managed outlet in Kyushu (2014). Source: Nishinippon Shimbun 9/19
Photo provided by the City of Fukuoka.
