As part of a redevelopment project near Tokyo Station, Mitsubishi Estate Co has announced it will construct a 390-meter-high building, which will make it Japan’s highest.
The towering integrated development is projected to be made up from sixty-one stories above ground and as many as five below ground. The main tower will be part of a series of four interlinked buildings to be put up in the Tokiwabashi district in Chiyoda Ward. The company is also studying construction of a 7,000 sq metre plaza for use as a multi event venue. The total projected cost is currently estimated at more than ¥1 trillion.
Located near to the area where both domestic and international financial institutions have their head offices and close to the Bank of Japan, the large development will be designed to boost Tokyo’s international standing as a key financial and business center.
Earlier this year Osaka had stolen some skyscraper thunder from the Japanese capital when it announced the 300-meter-tall Abeno Harukas.
One complete Mitsubishi Estate is hopeful that the new building will operate both as a centerpiece of a major business district and a tourist destination. Mitsubishi Estate President Hirotaka Sugiyama said that he hopes the new building will “stand out in the world as a symbol of Tokyo.” The company expects the use of the building will not be limited to specific purposes, such as sightseeing or office space, aiming for a location that can be enjoyed in a variety of ways, he said.
However don’t expect to see the Tokyo skyline changing soon as pending government approval, Mitsubishi Estate will not start construction of the building until 2023 with completion scheduled for 2027.
