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Real Estate Holdout

This building is easily recognized by the Hanshin Expressway onramp located within (yes, within) the tower. In the early 1980s, redevelopment of the was approved by the city but building permits stalled because the highway was in planning. Property rights holders negotiated with the Hanshin Expressway for five years before agreeing to jointly develop Gate Tower Building and the highway.

National View count: 114

The Last Stand: 6 Real Estate Holdouts That Drove Developers Mad

May 5, 2017 | Julia Bunch

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