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A prominent landmark of Shibuya is the large intersection in front of the station's Hachiko Exit. The intersection is heavily decorated by neon advertisements and giant video screens and gets flooded by pedestrians each time the crossing light turns green, making it a popular photo and movie filming spot.

Shibuya Station and surroundings will be undergoing major redevelopment over the coming years. On the east side of the station, a new large culture, shopping and office complex, theShibuya Hikarie, opened in spring 2012. The Tokyu Toyoko Line platforms will be moved to the underground, which will enable through traffic with the Fukutoshin Subway Line from spring 2013.

This will be followed by a major redevelopment of the Shibuya Station building, including the move of the platforms of the JR Saikyo Line next to the platforms of the JR Yamanote Line. Furthermore, the pedestrian plaza on the west side of the station will be enlarged and made more pedestrian friendly in combination with a rearrangement of the bus and taxi stops.