600 billion Yen project announced for Yaesu

Tokyo Station Yaesu Development
54-storey tower (left) and 45-storey tower (right).

Mitsui Fudosan and Tokyo Tatemono have plans for a 600 billion Yen (5 billion USD) redevelopment on the eastern side of Tokyo Station. Two buildings up to 250 meters tall will be built in the Yaesu 1 and 2 Chome districts. The developers are considering including residential, retail, education, cultural and medical facilities with English-speaking staff in the complex. The Yaesu area currently has a resident population of just 110 people, so residential supply has been very limited.

The redevelopment site is located in a National Strategic Special Zone. These zones have been created to encourage the creation of full-service business districts that are internationally competitive. Developers may receive allowances to provide for extra floor-area ratios and foreign companies may receive additional benefits to locate in these areas.

[1] Tokyo Station Front Yaesu 1 Chome East District

  • 250m tall, 50-storey tower with office, residential, retail and medical facilities.
  • 11-storey building with office, hotel and retail.
  • Construction to start in 2019 with completion in 2023 2024 2025.

[2] Yaesu 2 Chome North District

  • 245 240m tall, 45-storey tower with office, retail, hotel and school.
  • 9 7-storey building with office, retail and residential.
  • 14-storey building with office and retail.
  • Construction to start in 2017 2018 with completion in 2021 2022.

The Yaesu 1 Chome redevelopment site includes the historic Tokyo Tatemono Building. The 8-storey building was completed in 1929 and designed by architect Mikishi Abe. Mr. Abe was an expert in designing reinforced concrete buildings. His house in Motoazabu was built in 1924 and is still standing today.

Tokyo Tatemono Building Yaesu 1929 2
Then and Now. The 86-year old Tokyo Tatemono Building in Yaesu, although stripped of most of the exterior details, will be demolished to make way for the new office tower.

Sources:

The Kensetsutsushin Shimbun, February 16, 2015.
The Nikkei Shimbun, March 5, 2015.

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