On June 19, the 20-story mixed-use redevelopment of Aoyama Bell Commons reached completion. The 90-meter tall building, named the ARGYLE aoyama, includes office, hotel and retail.
The office space on floors 5 to 15 is already fully leased. One of the office tenants, WeWork is leasing four floors. Restaurants and retail on the 1st and 2nd floors opened on July 1st. Tenants include TEAPOND and Paul Stuart. Floors 3, 4, and 16 ~ 20 will contain the 42-room THE AOYAMA GRAND HOTEL, operated by Plan Do See, and scheduled to open in August. Rooms range in size from 32 ~ 61 sqm, while nightly room rates will range from 60,000 ~ 120,000 Yen. The top floor will have a rooftop restaurant and bar.
Mitsubishi acquired the former Aoyama Bell Commons building and land in 2015. A floor-area ratio allowance was granted to the project, increasing the FAR from 675% to 850%.
Source: PR Times, July 1, 2020.
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