(1) Location & Access
- The Marunouchi and Otemachi areas are located on the western side of JR Tokyo Station and are adjacent to the Imperial Palace. They are two of the best-known office districts in Tokyo.
- Due to their proximity to Tokyo station, which is a major nodal point for transportation, these two areas are conveniently located.
Near the end of the 19th Century, the Mitsubishi group - one of Japan's largest conglomerates - began work on constructing a modern business area, incorporating styles from London and New York. Thus began the history of the Marunouchi district, which mirrored Japan's economic growth, eventually cementing its place as one of the best-known office areas in Japan. Numerous finance institutions and major corporations have their main headquarters in the area, making it the most prestigious address for an office.
Due to their involvement in the development of Marunouchi, Mitsubishi Estate owns many office buildings in the area. In the late 1990s, many financial institutions relinquished their headquarters as a result of the disposal of bad loans. In many cases, however, they have stayed on as rental tenants..
Due to the gradual aging of the various buildings, many buildings are being upgraded or rebuilt beginning with the Tokyo Sankei Building in 2000. Over the past several years, four new buildings were completed on the site of the former Japanese National Railways Head Office Building and several other large-scale buildings were reconstructed. Among them, the Marunouchi and the Shin-Marunouchi Buildings were completed in 2002 and 2007, forming twin towers facing Tokyo Station that are landmarks in the area. As represented by the construction of the Marunouchi Park Building, which is to be completed in the spring of 2009 and the rebuilding of the Tokyo Chuo Post Office, rejuvenation of the area is progressing at a fast pace..
Previously, the entire area specialized in business facilities, which meant there was little activity at night and on holidays. In recent years, many international brand names have opened stores on the ground floors of the buildings, mostly along Naka-dori Street, resulting in an increase in the number of visitors to the area.
(3) Profile Data
1. Major office buildings: year completed, major owner
Marunouchi Building: 2002, Mitsubishi Estate
Shin-Marunouchi Building: April 2007
Nihon Seimei Marunouchi Building (Marunouchi Oazo): 2004, Nippon Life Insurance
Pacific Century Place Marunouchi: 2001, daVinci Advisors
Marunouchi Trust Tower North Building: 2003, Mori Trust
Grand Tokyo North Tower, South Tower: East Japan Railway
2. Major companies
Mitsubishi Group (Mitsubishi UFJ Financial Group, Mitsubishi Estate, Mitsubishi Corporation, Mitsubishi Electric), Mitsui Sumitomo Financial Group, Mizuho Financial Group, JP Morgan, AIG, NTT Group and Daiwa Securities
3. Major facilities
Department stores: Daimaru, Hankyu, Seibu
Convention Center: Tokyo International Forum
Hotels: Imperial Hotel, Palace Hotel.
Otemachi 1-chome Second Area Building B.
height: 177 m
start construction: 04/2010
completion date: 09/2012
Another boxy project for Otemachi/Marunouchi with 2 office towers, one 177m tall the other 154.
The lower tower:
Otemachi 1-chome Second Area Building A
height: 154 m
start construction: 04/2010
completion date: 09/2012.
Most Japanese projects start of with the name of the redeveloped block/area and receive a real name later on when the building is already U/C or completed.
Otemachi 1-6 Plan (199,7m) & Marunouchi 1-4 Plan (150m)
Otemachi 1-6 plan is now officially under construction since 11/30.
They released a more realistic picture of the design, the previous.
It will have 6 underground stories, unless it will have top down construction it will take some time to see this one actually rise. Especially with the scheduled completion date is 2014.
When it's finished the Aman resorts group will open up the "AMAN TOKYO" luxury hotel on the top floors.
Marunouchi 1-4 Plan, many cranes working on the foundation. This one will go much faster as it should be completed in September 2011
With these new towers and the JP Tower the skyline around Tokyo Station will become incredibly dense and canyon like.
Taisei Corp., Japan's fifth largest contractor, won an order from Japan Post Group to redevelop the former main post office next to Tokyo Station. The order is worth 87.6 billion yen ($863 million), A 38-story office building is scheduled for completion on the site, in the center of the capital's financial district, by fiscal 2011.