Apple has announced that its first Apple Store in Japan will be demolished by the end of 2022

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Apple Ginza was established in 2003, and the building it is housed in will be demolished beginning in September 2022.

On November 30, 2003, Apple Ginza opened its doors to the public. After a bomb scare in 2015, the Sayegusa Building location in Tokyo had to close for a short time.

According to Japan Property Central, the entire eight-story building will be demolished. After 2024, a new ten-story office and retail complex will take its place.

During Tim Cook’s 2019 trip to Japan, he stopped by the Apple Ginza store.

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The store is located near the Yamano Music Building, Japan’s most valuable real estate. Japan Property Central estimates the value of a square foot in 2022 at $39,000.

A year before Apple Ginza opened, land values in the region were reported to be 258 percent higher than they are now.

Apple Ginza is still open seven days a week, but the online page only indicates hours of operation through May 12. At this time, it’s unclear whether Apple will move its shop to the new structure when it’s ready.

Other than that, Apple has nine other locations in Japan, with four of them located in Tokyo.

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