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 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 82,800,000

Exterior of CITY HOUSE HIGASHI AZABU
Sale Property tag

It is a brand new luxury condominium apartment with dignified impression and one of the branded condos that built by Sumitomo Realty & Development Co., Ltd. Convenient location accessible to 4 stations with 4 lines. Nicely designed comfortable room spaces good for singles and DINKS.

JPY 53,800,000

Exterior of Classy Suite Gio Higashi-azabu
Sale Property tag

It is a condominium apartment that is one min. walk away from Akabanebashi Station. Three train stations including Azabu-Juban Station and Shiba Park Station are accessible. Having the Higashi-Azabu shopping street, grocery stores and convenience stores nearby, the living environment in the neighborhood is also good. It is a high-grade residence that suites the Azabu area nicely.

JPY 63,800,000

Exterior of GRAND-SUITE Azabudai Hilltop Tower
Rent Property tag

It is a luxurious tower residence that stands on a hilltop in Azabudai, from where you can overlook Tokyo American Club below. The ceiling spaciously opens up to 2,800 mm high and the window frames up to 2,300 mm high. The interior uses high quality materials and has highly functional equipment.

JPY 335,000 - 500,000/month

Exterior of Open Residencia Azabu Roppongi
Rent Property tag

It stands in a quiet environment one block away from Iikura Katamachi Crossing. Izumi Garden and ARK Hills are within walking distance. It is one of the OPEN RESIDENCIA branded condominium apartments with high quality construction. It comes with full range of the latest room equipment such as a bathroom mist sauna and a dishwasher. All the dwelling units are facing south having plenty of sunlight.

JPY 345,000 - 370,000/month

Exterior of Roppongi View Tower
Rent Property tag

The property is only 3 min. walk away from Roppongi 1-chome Sta. It is in a great environment for living where many trees and plants are planted around the building according to the redevelopment plan. All units facing south get a great view including Tokyo Tower even from the lower floors as it stands on a hilltop.

JPY 169,000 - 203,000/month