Jiyugaoka 1-29 District Redevelopment is a Type 1 urban redevelopment project that renews the commercial area in front of Jiyugaoka Station. It needs to be seen as a plan that combines residential, office, and commercial areas to improve safety, disaster prevention, and circulation in front of the station.
In April 2026, the name of the new commercial facility has been decided as "JIYUGAOKA MUSE SQUARE." With the announcement of the opening of 59 stores, scheduled to open in September 2026, the reorganization of Jiyugaoka Station has entered a more concrete stage.
Points of this article
- Jiyugaoka 1-29 District Redevelopment is a Type 1 urban redevelopment project that covers approximately 0.5 hectares in front of Jiyugaoka Station.
- The new facility is a residential, office, and commercial complex, and the name of the commercial facility is "JIYUGAOKA MUSE SQUARE."
- The commercial facility is scheduled to open in September 2026, with 59 stores announced.
- When looking at real estate value, it is important to look at not only commercial tenants, but also pedestrian space, cargo handling, removal of utility poles, and disaster prevention.
What is Jiyugaoka 1-29 District Redevelopment?
The Jiyugaoka 1-29 District Redevelopment is a Type 1 urban redevelopment project that is proceeding within Jiyugaoka 1-29, Meguro-ku.
According to Meguro Ward, the enforcement area is approximately 0.5 hectares. The area around Jiyugaoka Station has developed as a commercial area with many cultural and fashionable stores. On the other hand, issues include narrow roads, intersections between pedestrians and cars, handling of cargo on the roads, and aging buildings.
This project will advance the advanced use of land, make buildings fireproof and communalize them, and introduce commercial, business, and residential functions. Rather than simply building a new building, the plan is to fix the inconvenience of the area in front of the station and pass on Jiyugaoka's typical commercial area to the next generation.
What is JIYUGAOKA MUSE SQUARE?
JIYUGAOKA MUSE SQUARE is the name of the commercial facility that will be created in the redevelopment of the Jiyugaoka 1-29 area.
The announcement on April 15, 2026 announced the opening of 59 stores, including the facility name, logo, and anchor tenant. The facility is located in front of Jiyugaoka Station on the Tokyu Toyoko Line and Oimachi Line, and is a complex with 15 floors above ground and 3 floors underground, and the commercial facility has 5 floors above ground and 1 floor underground.
The "MUSE" in the name is a combination of the Statue of Liberty in front of Jiyugaoka Station. There is a visible intention to create a new place to spend time in front of the station while preserving the memory of the Jiyugaoka townscape.
A city with strong commercial facilities has the power to be chosen not only as a transit point for commuting to work or school, but also as a holiday destination. For Jiyugaoka, this facility will not only update the face of the station, but also change the starting point for walking around the city.
Why is redevelopment in front of Jiyugaoka Station important?
The redevelopment of the area in front of Jiyugaoka Station is important because the city's charm and the age of its infrastructure exist at the same time.
Jiyugaoka is an area that combines the calmness of a residential area with the splendor of a commercial area. However, the road width in front of the station was limited, making it easy for pedestrians, bicycles, vehicles, and cargo handlers to cross paths. The more popular a city is, the more small everyday inconveniences become a constraint on property values.
Meguro Ward is planning to widen one side of Auxiliary Route 46, develop a street corner plaza, cut corners in the southwest section, pedestrian walkways, roads that run through the area, eliminate utility poles, and develop a regional joint cargo handling area. This is an initiative not only to open commercial facilities, but also to improve the safety and ease of getting around in the city.
When looking at real estate, you should not only look at the appearance of the building, but also look at the flow of traffic beneath your feet. A walkable neighborhood increases the amount of time people spend in stores and increases satisfaction as a residential area.
What will change as a result of the commercial/residential/office complex?
A feature of this redevelopment is that it combines not only commercial, but also residential and office space.
The commercial facility will have 5 floors above ground and 1 floor underground, with 59 stores planned. By housing and offices in the same complex, the area in front of the station will be used not only as a place to shop, but also as a place to work, live, and meet.
Jiyugaoka is a little different from large-scale redevelopment projects in the city center. Rather than creating a huge office complex, it is important to maintain the size of the existing town while updating the functions in front of the station. That's why the tenant's personality, pedestrian space, and connection with the surrounding shopping district influence the evaluation.
If only the new facility becomes stronger and the surrounding street shops become weaker, Jiyugaoka's uniqueness will fade. Rather, the question is whether the crowds in front of the station will flow to walking around the surrounding town. Here are the points to check after opening.
Where should I look when investing in real estate?
When looking at redevelopment of Jiyugaoka 1-29 district, it is better not to judge only by the name of the commercial facility or the number of stores.
Firstly, it is easy to move around in front of the station. If passageways and pedestrian walkways are used on a daily basis, the flow of people will not stop in front of the station, but will spread to the surrounding shopping streets.
Secondly, there is cargo handling and traffic handling. The more people a commercial facility attracts, the more logistics it requires. If the development of a regional joint cargo handling area works well, it will reduce the interaction between pedestrians and vehicles and improve the comfort in front of the station.
Thirdly, there is a ripple effect on surrounding residential areas. Jiyugaoka is connected not only to commercial areas near the station, but also to residential areas in the Okusawa, Midorigaoka, and Kuhonbutsu areas. If the convenience of the station area improves, it will also affect the attractiveness of the entire living area.
Fourth is the relationship with existing shopping streets. Rather than new facilities replacing the character of the town, it is important to see if they can strengthen the small shops, alleys, and wanderlust characteristic of Jiyugaoka.
How is it different from the existing redevelopment article around Jiyugaoka Station?
The existing article summarizes Multiple projects around Jiyugaoka Station and organizes the investment outlook for the entire area.
This article is a stand-alone explanation focused on the Jiyugaoka 1-29 district. In particular, we are looking at the facility name, JIYUGAOKA MUSE SQUARE, scheduled to open in September 2026, 59 stores, and the development of public facilities.
If you want to know the overall flow around the station, read it together with the existing redevelopment article around Jiyugaoka Station, which will make it easier to understand the relationship between surface changes and individual projects.
Summary
The Jiyugaoka 1-29 district redevelopment is an important project that will update the value of the area in front of Jiyugaoka Station.
The opening of JIYUGAOKA MUSE SQUARE will create a new commercial core in front of the station. However, what you really need to look at is not just the number of stores or the size of the building. It is about how the city is used, including pedestrian space, cargo handling, removal of utility poles, disaster prevention, and connections with surrounding shopping streets.
The charm of Jiyugaoka cannot be measured only by its large scale. The question is whether the fun of walking around town will remain while the station area becomes more convenient. Therein lies the focus of the success or failure of this redevelopment and real estate value.
FAQ
Where is Jiyugaoka 1-29 District Redevelopment?
This is the area in front of Jiyugaoka Station, within 29 Jiyugaoka 1-chome, Meguro-ku. The enforcement area is approximately 0.5 hectares.
When will JIYUGAOKA MUSE SQUARE open?
According to the April 2026 announcement, the commercial facility is scheduled to open in September 2026. It has been announced that 59 stores will open at the facility.
What is the building used for?
This is a complex that combines residential, office, and commercial facilities. The commercial facility is planned to have five floors above ground and one floor underground.
Will there be any impact on real estate value?
If the ease of movement, disaster prevention, and commercial accumulation in front of the station are improved, it may affect the convenience and value of staying in the area around Jiyugaoka Station. However, prices and rents vary depending on market conditions, interest rates, and individual property conditions.
Also read
Reference/Source
- Meguro-ku "Jiyugaoka 1-29 District Type 1 Urban Redevelopment Project"
- Tokyo "Jiyugaoka 1-29 District Urban Redevelopment Association"
- Jiyugaoka 1-29 District Urban Redevelopment Association PR TIMES "JIYUGAOKA MUSE SQUARE selected"
- Jiyugaoka 1-29 District Urban Redevelopment Association PR TIMES "About commercial facility overview"
