Toranomon Redevelopments

Poste date: Tuesday, July 1, 2014

In June 11th Mori Building Co. Ltd. opened the “Toranomon Hills”, their new landmark super modern high-rise building in the area where they first started their operations in 1955. Mori Building has been playing an important role in developing the Toranomon district by consolidating small properties and land together and then constructing office buildings since soon after World War II. Now that those first initial buildings are getting old, the time was ripe for redevelopment. The completion of Toranomon Hills is regarded as the start of the redevelopment in the district.
 


The symbolic opening of the so-called “Macarthur Road”, which was a long unrealized plan that gave birth right after World War II, is also a major sales point of Toranomon Hills. The newly opened section of Loop Road No.2 runs between the Toranomon and Shimbashi business districts, and will be connected with the bay-side areas in 2016, enabling access to Tokyo Int’l Airport in 20 min. from Toranomon Hills. Increasing the accessibility will attract foreign business and increased tourism towards the Tokyo Olympics in 2020.

Redevelopment in Central Tokyo will be accelerated heading towards the Tokyo Olympics, and the plan for a “New International Urban Center” in the Toranomon district is one of its highlights. In the Toranomon district many landmark buildings and facilities will be reborn within the next 10 years. The year 2014, the opening year of Toranomon Hills, is the starting year for the redevelopment in the district. 

 

Major redevelopment projects in progress are as follows:

 

 

1. Hotel Okura Tokyo Main building:

The hotel (Toranomon 2-Chome, Minato Ward) will close in the end of August 2015, and will be reconstructed and reopened in the spring of 2019.
 

The new main building will be twin buildings in the land of about 26,200 square meters – the main building will be for mixed-use of Hotel and Office, will be about 195 meters high, 38 floors above and 6 underground, and the annex building will be all hotel rooms and about 85 meters high, and 13 floors. The hotel guest rooms will be about 550 rooms in total. The two buildings will be connected on the underground floors. The total project budget will be about 100 billion yen.

 


2. Toranomon 2-Chome District:

Two super high-rise buildings will be constructed in the site location (2.4 hectare). The site is a symbolic location of the Toranomon Hospital, National Printing Bureau, and Kyodo News Service. The project plan will proceed by demolishing the old buildings one by one and constructing the new ones one after another.

The Urban Renaissance Agency and KKR will jointly construct the new Toranomon Hospital building (which will be about 99 meters high, 19 floors above and 4 floors underground, 87,300 square meter of total floor area), and Administrative and Service building (179 meter high, 36 floors and 3 floors underground, 168,000 square meter of total floor area).
 


3. Toranomon 4-Chome Project:

Mori Trust Co, Ltd. will construct twin tower buildings for office and residence in the land site of Toranomon Pastoral Hotel which was founded in 1968 and owned by Mutual Aid Assoc. of Agri., Forestry & Fisheries Organization Employees.

The land area is about 16,000 square meters. The buildings will be 13 floors above and 3 floors underground with about 39,000 square meters of total floor area. The old hotel building has already been deconstructed in 2010. 



Constructing a new subway station is under progress as part of the strategic plan for developing the new Toranomon. This improvement project for a new station will be on the Tokyo Metro Hibiya Line. The proposed location is between Kasumigaseki and Kamiyacho under Sakurada-Dori Street.

The Tokyo Metropolitan Government is also planning a “Champs-Elysées Project”, which secures a wide sidewalk for a shopping street with outdoor cafés between Toranomon and Shimbashi, attracting visitors and tourists. The outline of the plan for the New International Urban Center and the various projects underway will all be accelerated towards the Tokyo Olympic. 

 

Exterior of Imperial Roppongi 1
Sale Property tag

It is a white tiled vintage condominium with 11 floors located facing Gaien-Higashi Dori Street close to Roppongi 5-chome Crossing. 5 min walk to Roppongi Station and within walking distance to Roppongi-itchome and Azabujuban Station. The area is located in the center of Roppongi commercial and entertainment district close to Roppongi Hills and Tokyo Midtown with full of convenience for living attracting many supermarkets, convenience stores, and restaurants . Unit room is mostly 1R-1LDK with various functional equipments and also negotiable for use of SOHO. Solid security includes auto-lock entrance door, security cameras. You can enjoy the life in Roppongi in the attractive location, one of the most populer areas in Central Tokyo.

JPY 58,990,000

Exterior of Grand Suite Azabudai Hilltop Tower
Sale Property tag

Luxury tower residence on Azabudai hill with a view of the Tokyo American Club below. The redevelopment site of Mori Building's Toranomon and Azabudai project is just in front of the building. So, it’s located in a truly remarkable area. 24-hour manned management. Garbage dumpster on each floo. Common facilities: 26th floor Sky Lounge, 4th floor Lounge, 1st floor Guest room.

JPY 228,000,000 - 698,000,000

Exterior of Park Court Roppongi Hill Top
Sale Property tag

27 story luxurious tower condominium located 3 min walk to Roppongi-ichome Station stands on a quiet hill top and the core location in the area where ARK HILLS complex buildings are in the neighborhood. Classic and Modern blended appearance and greenery around the building are impressive. Hotel-like services including Front Desk Service, Porter Service, Home Attendant Service and common use facilities such as Sky Lounge and Sky Garden on the top floor are attractive. Dwelling units are 1LDK-3LDK+Storage for various plans from Single to Family with children. High grade room equipment and well-arranged security systems support and protect comfortable and peaceful everyday life. It is located in hilly area where nice winds blow through abundant greens and it makes you forget you live in Central Tokyo. It is also famous area for updated townscape with shopping, living, and working at the same place, where Akasaka and Roppongi is within living area. High grade urban life can be enjoyed here.

JPY 1,050,000,000

A luxurious residence directly connected to Azabudai Hills Market, offering access to Janu Tokyo's hotel services within the building. Enjoy ample shared facilities such as valet services, guest rooms, and lounges. Featuring spacious layouts ranging from 1BR to 4BR, with some units including private pools and views of Tokyo Tower.

JPY 1,210,000 - 2,620,000/month

Located in Toriizaka area, which is a quiet part of Roppongi. Outdoor swimming pool is a plus. A luxurious, spacious condominium apartment which has cherry blossom trees to enjoy in spring time. Walking distance to Azabudai Hills.

JPY 500,000 - 900,000/month

Located in a very quiet and green neighborhood of Azabu, it doesn't feel like you are in central Tokyo. Parking spot in the basement can accommodate a large vehicle.

JPY 700,000/month