Collaboration for Urban Development
In an exciting development for the urban landscape, SQUEEZE Inc., headquartered in Kitahiroshima, Hokkaido, and Realgate Co., Ltd., based in Shibuya, Tokyo, have joined forces to create a groundbreaking urban hotel concept. This innovative project, designed to breathe new life into older buildings, aims to address the increasing issue of vacant and aging real estate across Japan. With the unique blend of Realgate's real estate regeneration expertise and SQUEEZE's focus on automation and digital transformation, the collaboration promises to establish a sustainable operational model for small-scale hotels dubbed the
"Old Building Conversion Hotel".
Project Launch: SHIFT HOTEL Shibuya Hatagaya
The first notable step in this journey is the upcoming launch of
SHIFT HOTEL Shibuya Hatagaya, scheduled to open in January 2026. Positioned as a part of the urban rehabilitation project known as
THESTEPS, this hotel represents a significant addition to the Shibuya-Hatagaya area, demonstrating how old structures can be rejuvenated for modern use.
Addressing Urban Challenges
As urban areas face the challenge of underutilized properties, converting old buildings into hotel spaces has become a pressing need. Realgate currently boasts a track record of revitalizing over 100 aging buildings in urban settings, developing spaces where work, gathering, and leisure coexist. The addition of a hotel as a function of these spaces further enhances local economies by generating new traffic and activities.
On the flip side, SQUEEZE operates around 40 hotels and apartments across Japan, leveraging operational insights to build a sustainable model that ensures success, even in smaller facilities. Central to their approach is the proprietary operational platform
"suitebook," which integrates management, operations, and data seamlessly to drive efficiency in hotel management.
A New Era of Hospitality
Both companies aspire to redefine urban spaces through their collaboration, effectively merging the lines between cities and hotels. SQUEEZE's CEO, Shinichi Tatebayashi, describes this joint venture as the beginning of a challenge to eliminate the boundaries between urban life and hospitality. By leveraging both companies' strengths in building renovation and operational technologies, they seek to reimagine the value inherent in urban environments, creating a new form of hospitality where city, people, and travel experiences intertwine.
Commitment to Sustainable Development
SQUEEZE provides comprehensive support throughout the project, starting from planning and design phases to operational structure establishment, layout proposals, and system implementations, followed by post-opening management. The aim is to create a conversion-based hotel that maintains efficiency and operational stability, allowing for the ongoing success of small-scale properties. Utilizing the
"suitebook" management system, the data integration facilitates real-time insight for effective management decisions.
The SHIFT HOTEL Shibuya Hatagaya: Key Features
1.
Location: 1-29-4 Hatagaya, Shibuya, Tokyo
2.
Scheduled Opening: January 2026
3.
Access: A short 6-minute walk from Hatagaya Station and 15 minutes from Yoyogi-Uehara Station.
4.
Design Concept: Emphasizing themes of change and flexibility, the hotel offers diverse accommodation options catering to various lifestyles and travel purposes, suitable for families and groups. Well-equipped with kitchens and laundry facilities, the hotel aims to cater to long-term stays. To enhance local engagement, guests will receive
"Hatagaya Map" featuring recommended local eateries and shops, alongside an original tote bag.
The Comprehensive Facility: THESTEPS
SHIFT HOTEL Shibuya Hatagaya will serve as a satellite facility within
THESTEPS, a multi-use complex set to grand-open on October 28, 2025. The main building will house share offices and shops, featuring tenants such as
Sedai Coffee and
hebeerryk! wineshop, with a vision to connect the streets of Hatagaya with its community.
About Realgate
Realgate Co., Ltd. has extensive experience in creating innovative office spaces across urban areas, managing the regeneration of properties and coordinating projects from design to operational management. For more information on their services, visit their official website at
Realgate.
About SQUEEZE
Founded in September 2014, SQUEEZE Inc., provides cloud-based management systems, focusing on digital transformation in hospitality operations and maximizing revenue through innovative solutions. For more details, visit their official site at
SQUEEZE.