End of an Era: Tokyo's famed Tsukiji fish market holds last auction before move

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One of the world's largest fish markets is shutting down and moving after 83 years. Almost 500 types of seafood were sold at Tokyo's Tsukiji Market. Its fresh sushi made it one of Japan's most popular tourist destinations. Terrence Terashima has more on the uncertainty facing locals.

Tsukiji fish and wholesale market has become an iconic spot in Tokyo, best known for its pre-dawn tuna auctions. The most expensive tuna sold was at a new year auction in 2013, which fetched over $1.36 million.

Japanese nicknamed Tsukiji as "Tokyo's Kitchen". Every day, the market handles over 1,600 tons of marine products, averaging $14 million in revenue.

Both domestic and foreign tourists flocked to watch the bustle in the main market, and lined up to enjoy fresh seafood in tatty old huts. Some were over 80 years old.

But the buildings were deteriorating rapidly, and after a long debate on whether to relocate or reconstruct the market, the Tokyo government decided to spend $3.45 billion to relocate, despite strong protests.

"I think there is a big difference between Toyosu and Tsukiji. We have the history and trust that's been built over the years."

TERRENCE TERASHIMA TOKYO "The fish market will move to a new location about 2 kilometers south of here. Local residents and shop owners worry that it will totally change the atmosphere of the old Tsukiji."

The main wholesale market is due to start business at the new Toyosu location in a week, but the retail market will remain in the same location.

Local shop owners worry that it might reduce the number of visitors.

"We used to be able to conduct all our business within walking distance. Now we have to drive to the new market. It's going to change things a lot. I don't know by how much."

"I think there will be fewer people coming here, and it will be sad to lose all that energy. I am from the countryside and come here to enjoy the lively atmosphere."

The old Tsukiji market will be used as a vehicle depot during the 2020 Tokyo Olympics and Paralympics, but no concrete plan has been made for future developments. Terrence Terashima, CGTN, Tokyo.