Mori Building Unveils Massive Urban Regeneration Project in Central Tokyo
22.8.2019 07:00:00 EEST | Business Wire | Press release
Mori Building Co., Ltd., a leading urban landscape developer, has begun construction on its “Toranomon-Azabudai District Category 1 Urban Redevelopment Project,” a massive urban regeneration project aimed at revitalizing a large area of central Tokyo. A groundbreaking ceremony was held on August 5 and project completion is scheduled for the end of March 2023.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190821005445/en/
Image of Office Lobby (Graphic: Business Wire)
The core concept of the Toranomon-Azabudai Project is that of a “Modern Urban Village,” a unique neighborhood that will combine the sophistication of a megalopolis with the intimacy of a small village in the heart of Tokyo. It will cover an area of approximately 8.1 hectares, similar to that of New York’s Rockefeller Center, and will feature extensive greenery totaling 24,000 m2 including a 6,000 m2 central square. Total floor area will be 860,400 m2, including 213,900 m2 of office space and about 1,400 residential units. Some 20,000 office workers and 3,500 residents will work and live there, and 25-30 million people per year are expected to visit this totally new city-within-a-city.
Its physical structures will incorporate cutting-edge seismic designs and technologies, with dedicated power stations supplying electricity to the whole neighborhood. The project is designed to provide a safe city that will allow people to carry on living and working even in the event of a major disaster on the scale of the Great East Japan Earthquake. Mori Building’s unsurpassed safety and security measures are designed to create cities to escape to, rather than flee from.
Green & Wellness for enhanced lifestyles
The Toranomon-Azabudai Project will create a “unique people-centered space” by blending diverse elements and creating a world of its own. The project will seamlessly weave offices, residences, a hotel, an international school, retail shops, restaurants and cultural facilities into the fabric of everyday life, encompassing work, learning, recreation, interaction and relaxation. Built around innovative features that will include a village-like plaza surrounded by greenery, the project will create an urban space where people achieve harmony with nature as well as connecting with and inspiring each other with creativity. Far more than a mere grouping of buildings, the project will realize an integrated social ecosystem based on a people-centered approach to planning.
The core theme of the project is the huge 6,000 m2 central square offering “Green & Wellness” that will allow people from its diverse communities to gather and meet. A significant proportion of the site, including spaces on top of podium buildings, will be covered with greenery to take advantage of the stepped architecture. There will be more than two hectares of green space, including the central square, creating a seamless urban oasis filled with trees, flowers and waterscapes.
100% of the electricity supplied to the entire neighborhood will be from renewable sources, which will meet the targets stipulated in the RE100 international environmental initiative led by the UK’s Climate Group. The mental and physical wellbeing of people living and working in the area will be supported with wellness programs involving medical facilities, sports facilities, a food market, restaurants and the environment of the central square. Mori Building will apply for project certification under the WELL Building Standard™ of the International WELL Building Institute™.
A city where various aspects of people's lives will be connected seamlessly
The Toranomon-Azabudai Project will result in an urban environment where various aspects of people’s lives— working, living, relaxing, getting together, learning, playing—will be seamlessly connected. Rather than designing the city around facilities such as offices, residences and hotels, Mori Building is approaching this development from the perspective of human activity by removing the barriers between facilities. Here, various facilities will interact and collaborate, offering people the opportunity of totally new lifestyles; a place where people can spend their life in harmony with nature, where they will meet and live in a community, and where they can live creative and stimulating lives. The entire city, full of greenery, will become a place of learning, a workplace, a home, and a playground.
Leading global innovators help to implement a “Modern Urban Village” concept
The world's top creators were assembled to realize the design of this unique “Modern Urban Village,” with Mori Building playing a pivotal role in the project organization. Public realm and lower level architecture were created by Heatherwick Studio from the UK, led by Thomas Heatherwick, the designer and creator of the London 2012 Olympic Cauldron. The three skyscrapers were designed by Pelli Clarke Pelli Architects from the USA under the direction of the late César Pelli and Fred Clarke. The retail space was designed by Sou Fujimoto Architects of Japan, led by Sou Fujimoto. Other noted experts from around the world also participated.
|
Main participating architects, creators and designers |
|
• Thomas Heatherwick, |
|
Founder of Heatherwick Studio |
|
• César Pelli (dec.) |
|
Pelli Clarke Pelli Architects |
|
• Fred Clarke |
|
Pelli Clarke Pelli Architects |
|
• Sou Fujimoto, |
|
Sou Fujimoto Architects (Japan) |
|
• Glenn Pushelberg and George Yabu, |
|
Yabu Pushelberg (Canada) |
|
• Marco Costanzi, |
|
Marco Costanzi Architects (Italy) |
|
• Soo K. Chan, SCDA (Singapore) |
|
Tyler Brûlé, Winkreative (UK) |
Connecting the “Hills” and creating a new cultural and economic heart of Tokyo
Mori Building’s strategic area, which incorporates the district encompassed by the Toranomon-Azabudai Project, straddles the center of Tokyo’s Minato City. The area has long had an international feel to it; many foreign-minded companies gravitate here, and it hosts a large number of foreign residents. Rich in international flavors, diversity and culture, this area has extremely high potential to become a new international hub of Tokyo.
The new project site is adjacent to Mori Building’s ARK Hills complex at the midpoint between Roppongi Hills, the “Cultural Heart of Tokyo”, and Toranomon Hills, the “Global Business Hub”. These existing Hills projects will be linked by the Toranomon-Azabudai Project; this will enhance the evolution of the entire area, creating a new international urban focal point as well as a new cultural and economic hub in the heart of Tokyo.
|
Project overview |
|
|
Project name: |
Toranomon-Azabudai District Category 1 Urban Redevelopment Project |
|
Project executor: |
Toranomon-Azabudai District Urban Redevelopment Association |
|
Site area: |
Approx. 8.1 hectares |
|
Ground area: |
Approx. 63,900 square meters |
|
Total floor area: |
Approx. 860,400 square meters |
|
Buildings: |
Residences (1,400 units), offices (approx. 213,900 m2), retail facilities (approx. 150 shops), hotel (approx. 120 rooms), international school (approx. 14,000 m2), central square (approx. 6,000 m2), cultural facilities (approximately 9,000 m2) |
|
Greenery: |
Approx. 2.4 hectares |
|
Parking: |
Approx. 1,880 spaces |
|
Project cost: |
Approx. JPY 580 billion |
|
Members: |
285 rights holders (as of March, 2019) |
|
Construction start: |
August 5, 2019 |
|
Planned completion: |
March 31, 2023 |
|
If you wish to edit the images, or you would like materials not included in these downloads (e.g. designers’ photographs) please contact Weber Shandwick Japan by email to moribldg@webershandwick.com. |
|
Download link:(by Sep 23rd, 2019) |
|
Password:mori20xx |
About Mori Building
Mori Building is an innovative urban developer based in Tokyo. The company is committed to maximizing the magnetic power of cities by creating and nurturing safe, sustainable and cosmopolitan urban centers based on its unique Vertical Garden City concept of high-rise centers for business, education, leisure and residences. The concept has been applied in the company’s many leading-edge projects, including ARK Hills, Roppongi Hills and Toranomon Hills in Tokyo and the Shanghai World Financial Center. Mori Building is also engaged in real estate leasing, project management and consultation. Please visit www.mori.co.jp/en
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190821005445/en/
Contact information
International Media Inquiries
Public Relations, Mori Building Co., Ltd.
Tel +81 (0)3-6406-6606
Fax +81 (0)3-6406-9306
E-mail koho@mori.co.jp
Weber Shandwick Japan
Kaya Tanabe (phone: +81 (0)90 7726 7027), Reina Matsushita (+81 (0)80 2375 0295),
Mayuko Harada (+81 (0)90 9006 4968) or Masashi Nonaka (+81 (0)80 1037 7879)
E-mail moribldg@webershandwick.com
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Estithmar Holding Pays the Third Semi-Annual coupon of the 8.75% Sukuk Tranche12.3.2026 22:50:00 EET | Press release
Estithmar Holding Q.P.S.C. has paid the third semi-annual coupon of its Qatari Riyal-denominated Sukuk (first tranche), at an annual profit rate of 8.75%. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260312880092/en/ Estithmar Holding Pays the Third Semi-Annual coupon of the 8.75% Sukuk Tranche (Photo: AETOSWire) The first tranche, part of the company’s broader Sukuk program valued at QAR 3.4 billion and listed on the London Stock Exchange’s International Securities Market, was issued in August 2024. The issuance attracted a diverse pool of institutional investors including banks, insurance companies, and asset managers, with strong interest from both government-affiliated and private institutions. This demand reflects growing investor confidence in Estithmar Holding’s ability to deliver sustained value to stakeholders. EstithmarHolding was recently included in the FTSE Russell Global Equity Index, in Qatar’s Mid-Cap segme
REPLY: The Board of Directors Approved the Draft Financial Statements for the Year 202512.3.2026 16:38:00 EET | Press release
Today the Board of Directors of Reply S.p.A. [MTA, STAR: REY] approved the draft financial statement for the year 2025, which will be submitted for approval to the Shareholders’ Meeting to be held in first call in Turin on 23 April 2026. The Reply Group closed 2025 with a consolidated turnover of €2,483.6 million, an increase of 8.0% compared to €2,300.5 million in 2024. All indicators are positive for the period. Consolidated EBITDA was €467.6 million, an increase of 13.9% compared to €410.6 million at December 2024. EBIT, from January to December, was at €391.7 million, which is an increase of 18.5% compared to €330.4 million at December 2024. The Group net profit was at €250.9 million. In 2024, the corresponding value was €211.1 million. Following the results achieved in 2025, the Reply Board of Directors decided to propose to the next Shareholders’ Meeting a dividend distribution of €1.35 per share, which will be payable on 20 May 2026, with dividend date set on 18 May 2026 (record
LZE GmbH Introduces Fraunhofer’s RFicient® Technology to the Market12.3.2026 15:51:00 EET | Press release
LZE GmbH is expanding its technology transfer portfolio and making the RFicient® ultra-low-power wake-up receiver technology from the Fraunhofer Institute for Integrated Circuits IIS available for the first time as a standard chip for close-to-production industrial applications. The solution enables energy-efficient IoT designs that remain continuously reachable while consuming only microamps – a key step for long-lasting, low-maintenance IoT products. LZE GmbH drives technology transfer to market: standard chip availability for close-to-production applications As a bridge between research and industry, LZE GmbH is making it easier for companies to access innovative technologies and helping them to quickly and reliably transform new developments into market-ready solutions. With RFicient®-IC (FH101RF), LZE is providing another high-tech product that comes directly from Fraunhofer research and can now be ordered in volume and integrated into close-to-production product development for t
Owkin Creates New Spin out Waiv, Formerly Owkin Dx, With $33M Financing12.3.2026 15:30:00 EET | Press release
Owkin, the AI company on a mission to solve the complexity of biology, today announced the spin out of Waiv, formerly known as Owkin Dx. The move follows significant investor interest and positions Waiv to bring AI-powered precision testing for better identification of patients in the clinic and in clinical trials, to transform patient care. This follows on from the successful launch of Bioptimus, an Owkin incubated company, in February 2024. Waiv translates AI innovation into real-world clinical impact, developing tests that predict biomarkers and patient outcomes, including RlapsRisk BC for prognostic risk profiling. With multiple tests already in use in clinical settings, its deployment platform Destra, and collaborations with leading pharmaceutical companies, including MSD since 2023 for MSIntuit, Waiv is establishing itself as a leader in translational medical AI. Waiv leverages a decade of Owkin's foundational medical AI research, including access to an extensive patient data net
RQM+ Launches SMART Solutions Life Cycle Partnership Model12.3.2026 15:30:00 EET | Press release
RQM+, a leading MedTech CRO offering regulatory consulting, clinical trial, laboratory, and reimbursement services, today announced the launch of SMART Solutions, a life cycle partnership model designed to help medical device and diagnostics companies manage growing regulatory and development complexity. SMART Solutions introduces a strategy-led operating framework that unifies regulatory, quality, clinical, reimbursement, and laboratory expertise to support MedTech companies across the entire product life cycle to help reduce risk from early development through post-market. “MedTech companies are navigating unprecedented complexity as regulatory expectations evolve, product innovation accelerates, and post-market expectations are expanding,” said John Potthoff, Ph.D., chief executive officer of RQM+. “SMART Solutions moves beyond traditional consulting by providing an integrated life cycle partnership that helps sponsors gain earlier clarity, reduce risk, and execute complex programs
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
