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Asset Book 2016 1 Track Record of Mitsubishi Estate MITSUBISHI ESTATE CO., LTD. ASSET BOOK Otemachi Building, 6-1, Otemachi 1-chome, Chiyoda-ku, Tokyo 100-8133, Japan http://www.mec.co.jp/index_e.html 2016 Printed in Japan 1,800m 1,200m N Kokyo Gaien National Garden Palace Hotel Tokyo Otemon Tower • NIKKEI Bldg. MARUNOUCHI TODAY Palace JX Bldg. Bldg. Otemachi 1-2 Project Otemachi (Planned Opening 2019) Park Bldg. JA Bldg. (Planned Opening January 2017) SMBC Keidanren Nippon Life Ote Center Bldg. Wadakura-bori Head Ofce Hibiya-bori Moat Marunouchi Kaikan Bldg. Babasaki-bori Moat Moat Garden Tower Hibiya Station, Chiyoda Line Hibiya Station, Toei Mita Line Hibiya Street Otemachi Station, Toei Mita Line Hibiya Otemachi Station, Chiyoda Line Marine Bldg. Nijubashimae Station, Chiyoda Line Marunouchi Tokyo SMBC East Tower Police Sta. Marunouchi Ginko OTEMACHI Hibiya Meiji Seimei Kan Kishimoto Ginko KDDI Imperial Mitsui Bldg. Tokyo Kyokai Toho Sankei Bldg. Theater Bldg. Bldg. Kaikan Otemachi Bldg. FINANCIAL CITY Twin Tower Marunouchi 3-2 Kaijo Bldg. Bldg. Yomiuri GRAND CUBE Bldg. Togyo Kaikan- DN Mitsubishi Nichido Otemachi First Square Shimbun Nippon Broadcasting Tower 21 Marunouchi 5th St. Project Corp. Yusen Bldg. Bldg. Ofce Bldg. The System Bldg. (Planned Opening 2018) Head Ofce (Annex) Marunouchi 1-3 Project Peninsula Marunouchi 4th St. Meiji Yasuda Seimei Bldg. Marunouchi 3rd St. Sanshi Kokusai Bldg. Marunouchi- St. 2nd Marunouchi HOSHINOYA Tokyo Tokyo Marunouchi 1st St. Kaikan Bldg. Nakadori Bldg. Former Mizuho Bank Head Ofce Bldg. Otemachi Bldg. Otemachi Naka-dori Ave. Hibiya Station, Hibiya Line Marunouchi Naka-dori Ave. Marunouchi Naka-dori Ave. Otemachi Naka-dori Ave. Gyoko-dori Ave. Gyoko-dori OTEMACHI FINANCIAL CITY Shin-Kokusai Ave. Dori Babasaki Marunouchi The Industry Club Promenade Riverside Otemachi Yurakucho Shin- Bldg. 2-chome Bldg. of Japan and South Tower Denki Bldg. Yurakucho Marunouchi Park Bldg. Shin-Marunouchi Tokyo North Tower Marunouchi Line Hanzomon Station, Otemachi Yurakucho Shin-Tokyo Bldg. Marunouchi Bldg. Mitsubishi UFJ Sankei Bldg. & Mitsubishi Ichigokan Bldg. Eiraku Bldg. Bldg. Bldg. Trust and Otemachi Tower Marunouchi 6th St. Marunouchi 7th St. Shin-Nisseki Mitsubishi Bldg. Bldg. Banking Bldg. Tokyo Station, Marunouchi Line Yurakucho Station, Yurakucho Line Yurakucho Station, Yurakucho Daimyo Koji Ave. Otemachi Station, Marunouchi Line NTT Communications Otemachi Bldg. Yurakucho Station Yomiuri Kaikan BIC Camera Otemachi Nomura Bldg. Marunouchi Center Bldg. The Bank of Nihon Seimei Tokyo-Mitsubishi UFJ, Yurakucho Marunouchi Bldg. Tokyo International Forum Ltd. Head Ofce Center Building (Yurakucho Marion) JP TOWER NTT Communications Otemachi Bldg. (Annex) Shin-Marunouchi Center Bldg. Marunouchi Marunouchi Marunouchi Oazo Urbannet Otemachi Bldg. South Exit Marunouchi North Exit Yurakucho Ekimae Bldg. Central Exit (ITOCiA) Tokyo Bldg. Marunouchi Otemachi Station, Tozai Line Shin-Otemachi (Owned by a Otemachi 2-chome Mitsubishi Estate Hotel Bldg. Redevelopment Project consolidated subsidiary) Tokyo Kotsu (Planned Opening 2018) Kaikan Bldg. NTT NTT Data (Owned by a Marunouchi Marunouchi Otemachi Bldg. Mitsubishi Estate Kitaguchi Bldg. Bldg. consolidated Tokyo Metropolitan Expressway Inner Circularsubsidiary) Route Tokyo Station, JR Keiyo Line Infos Yurakucho Sumitomo Fudosan Marunouchi Bldg. Tokyo Station e t u o R Sapia Tower Tokiwabashi District Redevelopment Project r la u Asahi Life c ir Insurance C JFE Shoji r Otemachi e n Bldg. Bldg. n I y Pacic Century Place Marunouchi (Owned by a a special-purpose Marunouchi Bldg. Central Bldg. sw GranTokyo company under s Nippon Bldg. re South Tower Eitai Street management of p Mitsubishi Estate) x E an lit o p ro et M yo ok GranTokyo Marunouchi Marunouchi T North Tower Trust Tower Main Trust Tower North JX Bldg. Tekko Bldg. MARUNOUCHI VERSUS THE WORLD’S MAJOR BUSINESS CENTERS Daiwa Gofukubashi Bldg. Bank of Japan NEW YORK LONDON SINGAPORE Times Square 745 7th Avenue 1221 Avenue of 1271 Avenue of 8 Finsbury Circus the Americas the Americas 6th Ave. Museum of London Rockefeller Center Central Park Mitsubishi CapitaGreen Jushi Bldg. 57th St. Paternoster Square Robinson Road Bank of England 6-8 Bishopsgate Fullerton Road 5th Ave. Rafes Place ■ First Stage of Redevelopment Merlion s Cathedral Shenton Way ■ Second Stage of Redevelopment 150 Leadenhall Street ■ Owned by Asia Square Mitsubishi Estate Park Ave. Grand Central Terminal River Thames Marina Boulevard 1,200m 3rd Ave. Tower of London London Bridge 1,800m 1,800m 1,800m MITSUBISHI ESTATE CO., LTD. ASSET BOOK 2016 1 TRACK RECORD OF MITSUBISHI ESTATE 1998–2007 Marunouchi District Third Phase of Development (First Stage of the Marunouchi Redevelopment Project) Development Goes On Turning Marunouchi into a Vibrant and Bustling District —As it has in the past, as it will 100 years from now In 1998, Mitsubishi Estate began to redevelop the area around Tokyo Station in the first stage of its 1 1890 Marunouchi Redevelopment Project. Based on the concept of “Pursuing diverse and multifunc- tional urban development,” the project aimed to 3 Starting from Scratch The history of Tokyo’s Marunouchi district began in 1890 create a landscape that would give a new image to Purchase of Marunouchi when Yanosuke Iwasaki purchased the Marunouchi area at the area, which had up until then been purely a the request of the Meiji government of Japan. business area. Land and Vision of a At the time, the area was an expanse of flat, grassy fields Starting with the completion of the Major Business Center that became known as Mitsubishigahara, or Mitsubishi Fields. Marunouchi Building in 2002, Mitsubishi Estate Iwasaki’s reasoning behind this acquisition was his belief that rebuilt six buildings in line with the new concept. for Japan to become a modern nation, the country needed a Moreover, we widened the sidewalks of Naka-dori business center such as that of New York or London. The Avenue from six meters to seven meters, began purchase price was ¥1.28 million, about three times Tokyo’s holding seasonal events, and took other measures annual budget at the time—a massive sum that speaks to the to transform the district into a space with a boldness and inspiration of Iwasaki’s decision. vibrant and bustling atmosphere. 01890 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 1998 1999 2000 2001 2002 2003 1890s–1950s First Phase of Marunouchi Building The Industry Club of Japan and Mitsubishi UFJ Trust and Banking Development The building that set the stage for the Building Dawning of a Full-Scale 1960s–1980s transformation of Marunouchi Business Center Development Part of the historical building was retained Second Phase of and integrated into the new office building The construction of the district’s first modern office building, Development Mitsubishi Ichigokan, was completed in 1894. Soon after, three-story redbrick office buildings began springing up, An Abundance of Large-Capacity Office resulting in the area becoming known as the “London Block.” Following the opening of Tokyo Station in 1914, the Buildings Reflecting a Period of Rapid district was further developed as a business1 center. American- Economic Growth2 style large reinforced concrete buildings lined the streets. Along with the more functional look, the area was renamed As Japan entered an era of high economic growth, there was a sharp the “New York Block.” increase in demand for office space. Through the Marunouchi Address Address 4-1, Marunouchi 4-5,6, Marunouchi remodeling plan that began in 1959, the district was rebuilt with 2-chome, 1-chome, large-scale office buildings providing a considerable supply of highly Chiyoda-ku, Tokyo Chiyoda-ku, Tokyo integrated office space. Sixteen such buildings were constructed, Completion Completion August 2002 February 2003 increasing the total available floor space by more than five times. Number of Floors Number of Floors In addition, Naka-dori Avenue, stretching from north to south through 37 floors 30 floors the Marunouchi district, was widened from 13 meters to 21 meters. aboveground aboveground 4 floors 4 floors The 1980s marked the appearance of high-rise buildings more belowground belowground than 100 meters tall in the district. However, even amid this changing Total Floor Area Total Floor Area 2 2 skyline, the Marunouchi district remained a business center Approx. 159,800m Approx. 109,900m Leasable Area Leasable Area with beautiful scenic views of the waters and green woods of the Approx. 74,100m2 Approx. 39,600m2 Imperial Palace. 2 MITSUBISHI ESTATE CO., LTD. ASSET BOOK 2016 3 Address Address Address 6-5, Marunouchi 1-chome, 5-1, Marunouchi 1-chome, 6-1, Marunouchi 2-chome, Chiyoda-ku, Tokyo Chiyoda-ku, Tokyo Chiyoda-ku, Tokyo Completion Completion Completion August 2004 April 2007 April 2009 Number of Floors Number of Floors Number of Floors 29 floors aboveground 38 floors aboveground 34 floors aboveground 4 floors belowground 4 floors belowground 4 floors belowground Total Floor Area Total Floor Area Total Floor Area Approx. 65,600m2 Approx. 195,400m2 Approx. 195,600m2 Leasable Area Leasable Area Leasable Area Approx. 52,500m2 Approx. 99,800m2 2008–Present Day Approx. 115,800m2 Third Phase of Development2 (Second Stage3 of the Marunouchi Redevelopment Project) Focus Shifted to Make the Marunouchi Redevelopment Project Broader and More Comprehensive From 2008, the focus shifted to make the Marunouchi Redevelopment Marunouchi Park Building and Project broader and more comprehensive in its second stage. Redevelopment began with the construction of the Marunouchi
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