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 WELLITH ROPPONGI
Sale Property tag

The property is a condominium apartment on a hilltop very close to "the Iikura-Katamachi intersection"; which is in a four min. walk from the Roppongi intersection. It is located higher than Tokyo Midtown and Izumi Garden so that it gets outstanding open view including Tokyo Tower. It offers flexible floor plans that can be adapted to changes of life stage from single persons' use to family use. The interior design is simple and elegant. It offers high quality living space where anyone can live comfortably.

JPY 107,000,000

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 THE ROPPONGI TOKYO CLUB RESIDENCE
Sale Property tag

Landmark 39-story tower condominium. Sold by Mitsubishi Jisho Residence Co., Ltd. and Completed by Taisei Corporation. .It provides residents as “Club Member” with high grade hotel-like services. The services are thorough and impressive including front desk services such as reservations of restaurants and any tickets, a valet parking and porter service of putting cars in and out, 24 hours room services, housekeeping services, etc. Public facilities are also provided such as Entrance Lounge and Fitness Gym available 24 hours and free of charge, paid and reserved Guest Suites and Sky Lounge, etc. Dwelling units are from 1R to 3LDK for wide range of dwelling plans from single to family with children supporting the premium living of the big city.

JPY 147,000,000

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 1,230,000 - 2,620,000/month

This luxury rental apartment with a total of 27 units is located in a quiet residential area, despite being only a 5-minute walk from Azabu-juban Station. The Azabujuban Shopping Street and Azabudai Hills are within walking distance, providing a privileged living environment where you can enjoy everything from daily shopping to going out on holidays. The apartment offers some units with LDK of over 100 square meters, together with a concierge desk and various shared facilities.

JPY 850,000/month

30-storey-high residential tower; its presence outstands even at a distance. Massive and quality outlook. Residents enjoy spectacular sky view even at bathroom. Ample facilities.

JPY 176,000 - 565,000/month