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 2015 Printed in Japan 1,800m 1,200m N Kokyo Gaien National Garden Palace Hotel Otemon Tower • JX Building NIKKEI Bldg. MARUNOUCHI TODAY Palace (Planned Opening Building November 2015) Otemachi 1-2 Project (tentative name) 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 Dori Otemachi Station, Toei Mita Line Hibiya Otemachi Station, Chiyoda Line Marine Bldg. Nijubashimae Station, Chiyoda Line Marunouchi Tokyo SMBC Head Ofce OTEMACHI Police Sta. Marunouchi Ginko East Annex Hibiya Meiji Seimei Kan Kishimoto Ginko KDDI FINANCIAL CITY Imperial Mitsui Bldg. Tokyo Kyokai Yomiuri Toho Sankei Bldg. Theater Marunouchi 3-2 Bldg. Bldg. Kaikan Otemachi Bldg. GRAND CUBE Twin Tower Kaijo Bldg. Bldg. Shimbun Bldg. Togyo Kaikan- DN Project Mitsubishi Nichido Otemachi First Square Tokyo (Planned Opening Nippon Broadcasting Marunouchi 5th St. Corp. Yusen Bldg. Bldg. Head April 2016) Tower 21 (tentative name) Ofce Bldg. The System Bldg. Head Ofce (Annex) (Planned Opening 2018) HOSHINOYA Tokyo Peninsula Marunouchi 4th St. Meiji Yasuda Seimei Bldg. Marunouchi 3rd St. Kokusai Bldg. St. 2nd Marunouchi Sanshi Marunouchi- Former Mizuho Bank (Planned Opening 2016) Tokyo Marunouchi 1st St. Kaikan Bldg. Nakadori Bldg. Head Ofce Bldg. Otemachi Bldg. Otemachi-Nakadori Ave. Hibiya Station, Hibiya Line Marunouchi-Nakadori Ave. Otemachi-Nakadori 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 Otemachi BIC Camera Marunouchi Center Bldg. Nomura 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 Line Tozai Station, Otemachi Shin-Otemachi (Owned by a Otemachi 2-Chome Mitsubishi Estate Hotel Bldg. Redevelopment Project consolidated subsidiary) Tokyo Kotsu (tentative name) Kaikan Bldg. NTT NTT Data (Planned Opening 2018) (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 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 Eitai Dori Nippon Bldg. re South Tower 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. (Planned Opening 2015) 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 St. Paul’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 2015 1 TRACK RECORD OF MITSUBISHI ESTATE Marunouchi District 1998–2007 Development Goes On Third Phase of Development (First Stage of the Marunouchi Redevelopment Project) —As it has in the past, as it will 100 years from now Turning Marunouchi into a Vibrant and Bustling District -1 1890 In 1998, Mitsubishi Estate began to redevelop the area The history of Tokyo’s Marunouchi district began in 1890 around Tokyo Station in the first stage of its Marunouchi 3 Starting from Scratch when Yanosuke Iwasaki purchased the Marunouchi area Redevelopment Project. Based on the concept of “Pursuing Purchase of Marunouchi at the request of the Meiji government of Japan. diverse and multifunctional urban development,” the project At the time, the area was an expanse of flat, grassy aimed to create a landscape that would give a new image to Land and Vision of a fields that became known as Mitsubishigahara, or the area, which had up until then been purely a business area. Major Business Center Mitsubishi Fields. Iwasaki’s reasoning behind this acquisi- Starting with the completion of the Marunouchi tion was his belief that for Japan to become a modern Building in 2002, Mitsubishi Estate rebuilt six buildings in line nation, the country needed a business center such as that with the new concept. Moreover, we widened the sidewalks of New York or London. The purchase price was ¥1.28 of Nakadori Avenue from six meters to seven meters, Yanosuke Iwasaki was million, about three times Tokyo’s annual budget at the began holding seasonal events, and took other measures to president of Mitsubishi Sha, which was later dissolved into time—a massive sum that speaks to the boldness and transform the district into a space with a vibrant and individual Mitsubishi companies. inspiration of Iwasaki’s decision. 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 Building Development The building that set the stage for the Dawning of a Full-Scale 1960s–1980s transformation of Marunouchi Part of the historical building was retained and Business Center Development Second Phase of integrated into the new office building The construction of the district’s first modern1 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.” Buildings Reflecting a Period of Rapid Following the opening of Tokyo Station in 1914, the district was further developed as a business 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 remodeling plan that began in 1959, the district was rebuilt with 4-1, Marunouchi 4-5,6, Marunouchi large-scale office buildings providing a considerable supply of highly 2-chome, Chiyoda-ku, 1-chome, Chiyoda-ku, Tokyo Tokyo integrated office space. Sixteen such buildings were constructed, Completion Completion increasing the total available floor space by more than five times. August 2002 February 2003 In addition, Nakadori Avenue, stretching from north to south through Number of Floors Number of Floors 37 floors aboveground 30 floors aboveground the Marunouchi district, was widened from 13 meters to 21 meters. 4 floors belowground 4 floors belowground The 1980s marked the appearance of high-rise buildings more Total Floor Area Total Floor Area than 100 meters tall in the district. However, even amid this chang- Approx. 159,800m2 Approx. 109,900m2 ing skyline, the Marunouchi district remained a business center Leasable Area Leasable Area Approx. 74,200m2 Approx. 39,600m2 with beautiful scenic views of the waters and green woods of the Imperial Palace. 2 MITSUBISHI ESTATE CO., LTD. ASSET BOOK 2015 3 Address Address 6-5, Marunouchi 5-1, Marunouchi 1-chome, Chiyoda-ku, 1-chome, Chiyoda-ku, Tokyo Tokyo Completion Completion August 2004 April 2007 Number of Floors Number of Floors 29 floors aboveground 38 floors aboveground 4 floors belowground 4 floors belowground 2008–Present Day Total Floor Area Total Floor Area Approx. 65,600m2 Approx. 195,400m2 -2 Leasable Area Leasable Area Third Phase of Development Approx. 52,500m2 Approx. 99,800m2 (Second Stage of the Marunouchi3 Redevelopment Project) Focus shifted to make the Marunouchi Redevelopment Project broader and more comprehensive From 2008, the focus shifted to make the Marunouchi Redevelopment Project broader and more comprehensive in its second stage. Redevelopment began with the construction of the Marunouchi Park Building and Mitsubishi