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Ginza: Where The Streets Are Paved With Gold

        posted by John Spacey, Japan Talk, June 19, 2012

In 1990, at the height of the Japanese bubble economy, land in Ginza was the most expensive in the world (by far). At the time, land in the area sold for 100 million yen per square meter (approximately $120,000 USD per square foot).

Since then land prices in Ginza have fallen about 90%. However, it's still the most expensive land in Japan.

ginza tokyo

Ginza is Asia's premiere upscale shopping and entertainment district. The shops in the area are the whose who of global fashion. Many top brands have flagship locations in the Ginza area. There are also several large department stores including Wako, Hankyu, Mitsukoshi, Matsuya, Matsuzakaya and Printemps.

ginza wako department store

Ginza is a favorite hangout of Tokyo Office Ladies who frequent the upscale spas, coffee shops, restaurants, bars and clubs in the area.

ginza shopping nights

Salarymen tend to avoid Ginza preferring cheaper areas such as nearby Yurakucho. However, there are upscale hostess clubs in Ginza.

lights of ginza

In recent years, Ginza has become increasingly popular with Asian tourists interested in shopping. On weekends, Ginza's main street (Chuo Dori) is closed to traffic. It becomes a pleasant pedestrian zone.

streets of ginza on weekends

Ginza is known for its innovative architecture. With land prices being so high, many of the flagship shops in the area splurged on unique buildings.

De Beers Building architecture in Tokyo

Ginza's Christmas illuminations are amongst the best in the world.

ginza christmas lights

Ginza is ranked #1 of 10 best places to shop in Tokyo
Ginza is ranked #1 of 12 best Tokyo neighborhoods for hotels
Ginza is ranked #2 of 5 best places for a date in Tokyo
Ginza is ranked #4 of 19 best Tokyo neighborhoods for kids

 
 
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