'The Apartment Hotel by Stylio Shibuya 3', the 5th Facility of an Urban Apartment Hotel Business Supporting Both Rental and Lodging, to Open on May 8, 2026
Tokyu will open 'The Apartment Hotel by Stylio Shibuya 3' on May 8, 2026. This project, part of Tokyo's 'Renovation Model Project', converts existing residential stock into a hybrid lodging facility, strengthening Tokyu's dominance in the Shibuya area.
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- 📰 Published: April 28, 2026 at 23:00
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We will open 'The Apartment Hotel by Stylio Shibuya 3' (hereinafter referred to as the 'Property') on May 8, 2026 (Friday). This is the 5th facility in our urban apartment hotel business, 'The Apartment Hotel by Stylio' (hereinafter referred to as the 'Business'), which addresses the increasing demand for long-term stays.
Based on the concept of 'Neighborhood Stay connecting with the city,' this Property is the 5th facility of the Business, combining 'furnished monthly rentals' for long-term residents and 'lodging' for travelers. It will open in a prime location just a 7-minute walk from Shibuya Station, offering 8 rooms.
Furthermore, this Property is one of the projects selected for the 'Renovation Model Project' (hereinafter referred to as the 'Model Project') conducted by the Tokyo Metropolitan Government. This project aims to promote urban development utilizing existing stock by subsidizing a portion of the costs for advanced renovations by private business operators. To realize the 'Shibuya-style urban life' that we strive for, we are renovating a collective housing building into an apartment hotel. By providing housing that meets diverse stay needs, such as long-term stays for tourism or workations, we contribute to enhancing the value of the entire area and revitalizing the local community.
Including the four facilities already open, this Business operates 5 facilities with 66 rooms, primarily in the Shibuya area. By pursuing a dominant strategy, we provide flexible housing as a receiver for medium-to-long-term stays, centered around the 'Greater Shibuya Area'.
In addition to this Property, our Shibuya 3-chome Building (tentative name) has also been selected for the Model Project. The Shibuya 3-chome Building project involves renovating a 51-year-old office building to provide compact offices and a cafe open to the approach of Konno Hachimangu Shrine. This project contributes to creating local vibrancy and embodies the urban development goals of the Shibuya 3-chome district plan. Construction will begin in April 2026, with completion scheduled for December of the same year.
We adapt to an era of significant social change by carrying out various real estate developments. We actively engage in model creation to re-edit the value of existing stock, such as this Property, and renovation projects. We promote 'Tokyu-style urban development' by creating social value, such as improving the value along Tokyu lines and proposing new values.
* Greater Shibuya Area: This refers to the area within a 2.5km radius of Shibuya Station, as defined in the Tokyu Group's Shibuya urban development strategy.
[Appendix]
■ Facility Overview of 'The Apartment Hotel by Stylio Shibuya 3'
- Location: 30-12 Sakuragaoka, Shibuya-ku, Tokyo
- Access: 7-min walk from JR Yamanote/Saikyo/Shonan-Shinjuku Line 'Shibuya Station', 8-min walk from Keio Inokashira Line 'Shibuya Station', 10-min walk from Tokyu Toyoko/Den-en-toshi Line, Tokyo Metro Hanzomon/Fukutoshin Line 'Shibuya Station', 10-min walk from Keio Inokashira Line 'Shinsen Station', 13-min walk from Tokyo Metro Ginza Line 'Shibuya Station'.
- Operator: Unito Inc.
- Number of Rooms: 8
- Private Area: 30.43 to 44.52 sqm per room
- Operation Start Date: May 8, 2026
■ Main Features of 'The Apartment Hotel by Stylio'
In this Business, we offer properties that sit between 'living (housing)' and 'traveling (hotel)', diversifying ways of interacting with the city and enriching the experience of staying and living.
- We develop bases for medium-to-long-term stays at small-scale multiple locations, mainly in the Greater Shibuya Area.
- We aim to realize a high-level town with international appeal by promoting housing environments that meet diverse needs.
- By introducing proprietary software, we enable operations that combine 'rental' and 'lodging'.
Based on the concept of 'Neighborhood Stay connecting with the city,' this Property is the 5th facility of the Business, combining 'furnished monthly rentals' for long-term residents and 'lodging' for travelers. It will open in a prime location just a 7-minute walk from Shibuya Station, offering 8 rooms.
Furthermore, this Property is one of the projects selected for the 'Renovation Model Project' (hereinafter referred to as the 'Model Project') conducted by the Tokyo Metropolitan Government. This project aims to promote urban development utilizing existing stock by subsidizing a portion of the costs for advanced renovations by private business operators. To realize the 'Shibuya-style urban life' that we strive for, we are renovating a collective housing building into an apartment hotel. By providing housing that meets diverse stay needs, such as long-term stays for tourism or workations, we contribute to enhancing the value of the entire area and revitalizing the local community.
Including the four facilities already open, this Business operates 5 facilities with 66 rooms, primarily in the Shibuya area. By pursuing a dominant strategy, we provide flexible housing as a receiver for medium-to-long-term stays, centered around the 'Greater Shibuya Area'.
In addition to this Property, our Shibuya 3-chome Building (tentative name) has also been selected for the Model Project. The Shibuya 3-chome Building project involves renovating a 51-year-old office building to provide compact offices and a cafe open to the approach of Konno Hachimangu Shrine. This project contributes to creating local vibrancy and embodies the urban development goals of the Shibuya 3-chome district plan. Construction will begin in April 2026, with completion scheduled for December of the same year.
We adapt to an era of significant social change by carrying out various real estate developments. We actively engage in model creation to re-edit the value of existing stock, such as this Property, and renovation projects. We promote 'Tokyu-style urban development' by creating social value, such as improving the value along Tokyu lines and proposing new values.
* Greater Shibuya Area: This refers to the area within a 2.5km radius of Shibuya Station, as defined in the Tokyu Group's Shibuya urban development strategy.
[Appendix]
■ Facility Overview of 'The Apartment Hotel by Stylio Shibuya 3'
- Location: 30-12 Sakuragaoka, Shibuya-ku, Tokyo
- Access: 7-min walk from JR Yamanote/Saikyo/Shonan-Shinjuku Line 'Shibuya Station', 8-min walk from Keio Inokashira Line 'Shibuya Station', 10-min walk from Tokyu Toyoko/Den-en-toshi Line, Tokyo Metro Hanzomon/Fukutoshin Line 'Shibuya Station', 10-min walk from Keio Inokashira Line 'Shinsen Station', 13-min walk from Tokyo Metro Ginza Line 'Shibuya Station'.
- Operator: Unito Inc.
- Number of Rooms: 8
- Private Area: 30.43 to 44.52 sqm per room
- Operation Start Date: May 8, 2026
■ Main Features of 'The Apartment Hotel by Stylio'
In this Business, we offer properties that sit between 'living (housing)' and 'traveling (hotel)', diversifying ways of interacting with the city and enriching the experience of staying and living.
- We develop bases for medium-to-long-term stays at small-scale multiple locations, mainly in the Greater Shibuya Area.
- We aim to realize a high-level town with international appeal by promoting housing environments that meet diverse needs.
- By introducing proprietary software, we enable operations that combine 'rental' and 'lodging'.