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The Tallest Tower Condominium in Hokkaido Raises Questions About the Reality of Redevelopment Projects: Is "Investing in Projects with Massive Amounts of Public Funds" Acceptable?
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The colossal 48-story, 175-meter-tall "ONE Sapporo Station Tower" suddenly appeared at the north exit of Sapporo Station. With a total project cost exceeding 50 billion yen and over 10 billion yen in public subsidies, who is this redevelopment really for? As it becomes increasingly commercialized as an investment product, are the city's vitality and tax revenues truly being returned to the citizens?
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