Kobe’s Jonas Residence to be torn down after sale falls through

Kobe Shioya Jonas ResidenceThe final bid to save the former Jonas Residence in Shioya, Kobe, from demolition has failed after the possible buyer backed out of discussions.

In late September a renewable energy-related company began negotiations with the seller – developer Anabuki Kosan – to purchase the historic house and land. Unfortunately the two parties could not come to an agreement on the sale price and the buyer walked away from the deal on October 10.

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Kobe Jonas Residence to be purchased by energy company

The 94-year old Jonas Residence in Kobe may have been saved from demolition as a renewable energy company have entered into negotiations to purchase the property at the eleventh hour.

Earlier this year it was announced that the historic property would be demolished to make way for a 12-storey apartment building. Local preservationists sprung into action and convinced the owner/developer Anabuki Kosan to postpone demolition. Anabuki agreed that they would delay demolition until October, and would consider selling the property for 360 million Yen if a buyer was found by the end of September.

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Last chance to save the Jonas Residence

Demolition of the historic Jonas Residence has been pushed back to October as the current owner is prepared to sell the house and land for 360 million Yen (approximately 3.6 million USD) if a buyer can be found.

Developer Anabuki Kosan purchased the waterfront property earlier this year and plan to tear it down and replace it with a 10-storey apartment building.

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