5 billion Yen Toranomon penthouse rumored to have sold off-the-plan
A penthouse in Toranomon is rumored to have sold off-the-plan for 5 billion Yen (approximately 45 million USD), making it potentially one of the most expensive apartments to have sold in Japan. Naturally, details are sparse and unconfirmed.
Tokyo World Gate tops out in Toranomon
Mori Trust’s ‘Tokyo World Gate’ project in Toranomon, Tokyo, topped out earlier this month. The 180-meter tall mixed-use tower is expected to open in March 2020, forming an important piece of Toranomon’s transformation into a global business hub.
Hotel Okura to replace South Wing annex with high-rise apartments and office
The last vestige of Hotel Okura’s modernist presence is in line to be demolished as redevelopment plans surface for the Hotel Okura Tokyo’s annex (South Wing).
265m tall tower for Toranomon Hills district
More details have been released on the Toranomon Hills Station Tower which will be built on the north-west side of Toranomon Hills in central Tokyo. The building height will be 265 meters, which is 18 meters taller than the neighbouring Toranomon Hills tower and 17 meters taller that Tokyo Midtown.
Construction of the 49-storey tower is scheduled to start in 2019 with completion by 2022 2023.
Toranomon Area Property Guide - 2017
Toranomon is possibly the most exciting area in Tokyo at the moment for real estate development and activity. A lot of offshore buyers are still unfamiliar with the Toranomon area, despite it being right next door to Roppongi, but we are expecting this to change in the next 5 or so years as major projects are completed.
Over the past 10 years the resident population has increased by 48%. The average household size in 2017 is 1.8 persons, up from 1.68 in 2007. New residential developments will see the population rise further in the coming years as more people can move to the neighborhood.Read more
65-story building with 1,000 sqm penthouse apartment planned for Toranomon
Long-awaited plans for the Toranomon-Azabudai District in central Tokyo have finally been released. The development, which will be carried out by Mori Building, will include a 65-story mixed-use building that will contain mostly office space, as well as apartments and an international school. Construction is scheduled to start in 2018 with a completion date in 2022.
The 330 meter tall building will be Japan’s tallest building when complete in 2022 and just 2 meters shorter than Tokyo Tower, although it is expected to be overtaken by a 390 meter tall office tower planned for the Otemachi district near Tokyo Station.
The building will have a total floor area of 449,000 square meters (approx. 4.8 million sq ft). In addition to the office space, there will be 80 apartments on the 56th ~ 65th floors of the building. The smallest apartment will be a generously sized two bedroom apartment with a floor area of 125 square meters (1,345 sq ft), while the largest apartment will have a floor area of over 1,000 square meters (10,760 sq ft). This apartment could possibly be the largest apartment ever offered in Japan.Read more
Mori announces 3.6 billion USD in projects around Toranomon Hills
Last month Mori Building announced details on three new high-rise towers planned for the Toranomon District. These three towers will surround Mori’s Toranomon Hills complex on the north, south and western sides.
The total project cost is estimated at around 400 billion Yen (approx. 3.6 billion USD), and completion is expected between 2019 ~ 2022 2023.Read more