: Classifieds : MyJU :
Stories: News
Browse News Stories: « Previous Story | Next Story »

Money woes thwart Naha City plans to begin moving offices

Date Posted: 2005-07-02

Omoromachi was supposed to have become the new home to Naha City politicians and city offices.

It isnít going to happen now, and city planners are frustrated by the money shortages to have put the brakes on plans to develop land and build new offices in Amekuís Omoromachi district just north of downtown Naha. Pressures put on prefecture and local governments by Japanís Trinity Reform Plan means digging deep in the pocketsówithout federal subsidiesóto make things happen.

It wonít, perhaps for 20-30 years, because there simply is no money. Naha City intended on using monies amassed over recent years to make the •5,000,000,000 land acquisition, but is some •700,000,000 short.

Beyond that, thereís the •15,000,000,000 construction price ticket, and thereís no money for that either. City officials are disappointed. Omoromachi businesses are angry. Development in the area was predicated on the Naha City government offices move, which was supposed to draw at least 10,000 potential shoppers daily to the commercial district.

Omoromachi has been booming, with supermarkets, shopping centers and entertainment districts sprouting everywhere to support the planned project. Hotels and restaurants popped up as well, and large corporations and newspapers moved their headquarters to the area as well.

Naha City officials are predicting it could be decades before the money is in place to make the transformation, and then only if other budgetary emergencies donít force funding shifts. They say now theyíll move forward with loaning to land to a private company, or companies. That will produce some revenues, but also make future construction even more difficult.

Leaders say the first step is to create an organization to oversee the changes. From there, the focus will be on determining what subsidies will be available in the coming five years that could be earmarked for future construction.

June 27th things looked positive. Then came the moment of truth with finances. There are eight locations designated for Naha City offices and City Hall, but the long awaited subsidy money isnít enough.

Browse News Stories: « Previous Story | Next Story »

weather currency health and beauty restaurants Yellowpages JU Blog

OkistyleOkistyleJU Facebook

Go to advertising PDF?||?|o?L?qAE?|?}?OA?N?ga`OkiStyle?A??q?qM?oeu^?I`??N?gX?<eth>?<ETH>?ni^?IWanted!!Golden Kings ScheduleOkiNightSeeker