The Kinugawa River Side Residence will be the first condominium to be built in Nikko’s Kinugawa onsen resort area in almost 20 years.
It hasn’t been a smooth journey for this particular development. The original developer – Zephyr – had completed construction up to the 3rd floor before filing for bankruptcy in July 2008. The bare concrete structure sat empty for the next five years until Yokohama-based developer Daiwa Jisho Group purchased the building and land and resumed construction in May 2013.
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