TOKYO 東京 | Otemachi Financial City 大手町フィナンシャルシティ | 177m & 154m | T/O

TOKYO 東京 | Otemachi 1-chome Second Area 大手町一丁目第２地区 | 177m & 154m | U/C

Another boxy project for Otemachi/Marunouchi with 2 office towers, one 177m tall the other 154.

http://img836.imageshack.us/img836/9154/otemachifinancialcity.jpg


Otemachi Financial City - South Tower

http://office.mec.co.jp/m241/UsrBldg?flg=0&bd=X10
http://www.mec.co.jp/j/news/pdf/mec090615.pdf

http://i49.tinypic.com/kdk5xu.jpg

height: 177 m
floors: 35
function: Office
status U/C
start: 04/2010
complete: 09/2012

location:
Otemachi (1), Chioda-ku

http://maps.google.co.jp/maps?f=q&source=s_q&hl=en&geocode=&q=35.68788,139.765835&sll=35.687659,139.765481&sspn=0.011781,0.009592&g=35.68788,139.765835&brcurrent=3,0x60188c0620506c41:0xe0417ce6b59963ff,0&ie=UTF8&ll=35.687659,139.765481&spn=0.005891,0.00479


&

Otemachi Financial City - North Tower

height: 154 m
floors: 31
function: Office
status: U/C
start construction: 04/2010
completion date: 09/2012

Situation November 2009

http://i48.tinypic.com/huqd5e.jpg

Let's bump this thread from the bottom of the 2nd page.

http://farm2.static.flickr.com/1248/5103721629_615b941b7d_o.jpg (http://www.flickr.com/photos/murphytalk/5103721629/)
Construction in the heart of Tokyo (http://www.flickr.com/photos/murphytalk/5103721629/) by murphytalk (http://www.flickr.com/people/murphytalk/), on Flickr

There aren't to many updates, since they are still working on the underground floors. I also just noticed the little stream in the render, somehow they "forgot" to draw in the elevated road that runs over it for the whole length.

11/03

http://img573.imageshack.us/img573/643/img68933442022190.jpg
blogs.yahoo.co.jp/ys_yoko068

http://img51.imageshack.us/img51/4963/tokyootemachi101211.jpg
http://building-pc.cocolog-nifty.com/helicopter/

Nice view!
So they plan to extend the "functions"(機能) of Nakadori further North! I guess it implies sewage, electricity, etc. and maybe room for a subway line (Asakusa line bypass or any extension of line to Tokyo station area, there is a few candidates). But I guess that doesn't mean they will also extend Nakadori itself, I mean overground...???

Anyway that's also interesting because it would mean demolition of that old Otemachi biru (1958, 40m.)(It's the long building on the left), which has enough surface for two 150-200m. highrise!!

Until now I haven't read any proposal. The 3 buildings that stand between the projects of this thread, the KDDI biru and the Keidanren biru, however, are to be redeveloped as part of the same big redevelopment program as this thread's projects. I think that will be the third phase of the redevelopment program. The first phase was the now-built Keidanren biru, the second is this thread's projects. And there's a fourth (and fifth?) phase about buildings that are on the foreground and out of this picture.

One after another, every low building of Otemachi-Marunouchi is being redeveloped!!

The 177m tall building is rising.

http://img810.imageshack.us/img810/528/img68933444161820.jpg

http://img32.imageshack.us/img32/225/img68933444161821.jpg
http://blogs.yahoo.co.jp/ys_yoko068

01/26

The 177m tower is the one that's growing right now.

http://img842.imageshack.us/img842/4325/img68933445578160.jpg

The 154m still still has to come up out of the ground.

http://img256.imageshack.us/img256/3172/img68933445578161.jpg
http://blogs.yahoo.co.jp/ys_yoko068

on the right

http://img411.imageshack.us/img411/3443/6bc89cfe.jpg

http://img502.imageshack.us/img502/6127/9a8e9708.jpg
http://bluestyle.livedoor.biz/

http://img84.imageshack.us/img84/424/tokyootemachi110211.jpg

http://img511.imageshack.us/img511/834/tokyootemachi110212.jpg

http://img573.imageshack.us/img573/6052/tokyootemachi110214.jpg

http://img406.imageshack.us/img406/3480/tokyootemachi110215.jpg
http://building-pc.cocolog-nifty.com/helicopter/

02/21

http://img602.imageshack.us/img602/7533/img68933446732330.jpg

http://img228.imageshack.us/img228/9867/img68933446732331.jpg
http://blogs.yahoo.co.jp/ys_yoko068

update

http://img811.imageshack.us/img811/6299/img0140mini.jpg

http://img717.imageshack.us/img717/7979/img0141mini201103191947.jpg
http://risecity.blog93.fc2.com/

http://img718.imageshack.us/img718/9389/60fa1dfa.jpg
http://bluestyle.livedoor.biz/

http://img508.imageshack.us/img508/496/img1049461447840050.jpg

http://img8.imageshack.us/img8/250/img1049461447840051.jpg
http://blogs.yahoo.co.jp/ys_yoko068

http://img860.imageshack.us/img860/2843/tokyootemachi11041.jpg

http://img148.imageshack.us/img148/4380/tokyootemachi11042.jpg
http://building-pc.cocolog-nifty.com/helicopter/


http://img10.imageshack.us/img10/5716/8a7feceb.jpg

http://img713.imageshack.us/img713/5739/f03ac464.jpg
http://bluestyle.livedoor.biz/

http://img696.imageshack.us/img696/3919/img1049461449592520.jpg

http://img806.imageshack.us/img806/5585/img1049461449592521.jpg

http://img194.imageshack.us/img194/9021/img1049461449592522.jpg
http://blogs.yahoo.co.jp/ys_yoko068

Just 1 of the 2 pictures for this thread.

http://img834.imageshack.us/img834/6545/59719abf.jpg
http://bluestyle.livedoor.biz/

That's it for these 2 pictures.

The 2nd tower also got tower cranes and should be rising soon.

http://img850.imageshack.us/img850/2672/img1049461451115360.jpg

http://img813.imageshack.us/img813/231/img1049461451115361.jpg
http://blogs.yahoo.co.jp/ys_yoko068

The building looks nice.

http://img842.imageshack.us/img842/4665/o0450057611325861126.jpg (http://imageshack.us/photo/my-images/842/o0450057611325861126.jpg/)
http://ameblo.jp/monakichisan/

Another update,

And now the 2nd tower is actually growing (although I now see on the previous pictures that it was already visible then although not very clear).

http://img11.imageshack.us/img11/7685/omiuri0147.jpg

http://img146.imageshack.us/img146/7760/otemrensa0066.jpg

http://img829.imageshack.us/img829/5243/otemrensa0067.jpg

http://img195.imageshack.us/img195/3263/otemrensa070.jpg

http://img836.imageshack.us/img836/6244/otemrensa0071.jpg

http://img715.imageshack.us/img715/3817/otemrensa0077.jpg
http://urbanreallife.blog52.fc2.com/

update

http://img109.imageshack.us/img109/4361/img1049461452284480.jpg

http://img823.imageshack.us/img823/4095/img1049461452284481.jpg
http://blogs.yahoo.co.jp/ys_yoko068

http://img718.imageshack.us/img718/2703/tokyootemachi11081.jpg

http://img43.imageshack.us/img43/6200/tokyootemachi11082.jpg

http://img838.imageshack.us/img838/4968/tokyootemachi11083.jpg

http://img29.imageshack.us/img29/5994/tokyootemachi11084.jpg

http://img189.imageshack.us/img189/5753/tokyootemachi11085.jpg

http://img585.imageshack.us/img585/9632/tokyootemachi11086.jpg
http://building-pc.cocolog-nifty.com/helicopter/

Nice pano

http://img689.imageshack.us/img689/7345/00ef0f06.jpg (http://imageshack.us/photo/my-images/689/00ef0f06.jpg/)
http://bluestyle.livedoor.biz/

I love panorama's :)

update

http://img155.imageshack.us/img155/2797/img1049461453246790.jpg

http://img843.imageshack.us/img843/6326/img1049461453246791.jpg

http://img405.imageshack.us/img405/7860/img1049461453246792.jpg

http://img822.imageshack.us/img822/9728/img1049461453246793.jpg
http://blogs.yahoo.co.jp/ys_yoko068

09/10

http://img36.imageshack.us/img36/2479/img6798g.jpg

http://img269.imageshack.us/img269/1246/img6801m.jpg

http://img713.imageshack.us/img713/1338/img6804m.jpg

http://img38.imageshack.us/img38/2579/img6805cg.jpg

http://img84.imageshack.us/img84/8595/img6809ah.jpg

http://img153.imageshack.us/img153/6826/img6814f.jpg

09/17

http://img696.imageshack.us/img696/484/img8300w.jpg (http://imageshack.us/photo/my-images/696/img8300w.jpg/)

10/06

http://img406.imageshack.us/img406/4963/tokyootemachi111011.jpg

http://img62.imageshack.us/img62/3180/tokyootemachi111012.jpg

http://img849.imageshack.us/img849/894/tokyootemachi111014.jpg

http://img845.imageshack.us/img845/6126/tokyootemachi111015.jpg
http://building-pc.cocolog-nifty.com/helicopter/

Update:

http://img833.imageshack.us/img833/4083/oyomiuri0190.jpg

http://img406.imageshack.us/img406/6286/oterensa0179.jpg

http://img853.imageshack.us/img853/5476/oterensa0182.jpg

http://img838.imageshack.us/img838/7043/oterensa0185.jpg
http://urbanreallife.blog52.fc2.com

It looks like the tallest of the 2 has topped out.

http://img5.imageshack.us/img5/4323/40c5fcaa.jpg
http://bluestyle.livedoor.biz/

update

http://img443.imageshack.us/img443/1318/img1049461455358330.jpg

http://img694.imageshack.us/img694/7141/img1049461455358331.jpg

http://img846.imageshack.us/img846/6812/img1049461455358332.jpg
http://blogs.yahoo.co.jp/ys_yoko068

10/28

http://img407.imageshack.us/img407/2664/4b08d2d1.jpg
http://bluestyle.livedoor.biz/

http://img153.imageshack.us/img153/615/40fdb6ec.jpg

http://img412.imageshack.us/img412/868/71585f23.jpg
http://bluestyle.livedoor.biz/

And another update.

http://img442.imageshack.us/img442/2157/otemachirensa0121.jpg

http://img202.imageshack.us/img202/6629/otemachirensa0123.jpg

http://img600.imageshack.us/img600/6294/otemachirensa0129.jpg
http://urbanreallife.blog52.fc2.com/

update

http://img4.imageshack.us/img4/5139/4076ed2c.jpg

http://img526.imageshack.us/img526/8264/82598c21.jpg
http://bluestyle.livedoor.biz/

http://img844.imageshack.us/img844/8/tocho0317.jpg
http://urbanreallife.blog52.fc2.com/

Is the taller one topped out?

Yes, the other one is also almost there.


Another picture.

http://img51.imageshack.us/img51/9104/koishikawaa0206.jpg
http://urbanreallife.blog52.fc2.com/

update

http://img72.imageshack.us/img72/2350/301ced04.jpg
http://bluestyle.livedoor.biz/

My pictures

1/5

http://i566.photobucket.com/albums/ss106/AhoChaudeJP/My%20Construction/DSC00409.jpg

http://i566.photobucket.com/albums/ss106/AhoChaudeJP/My%20Construction/DSC00411.jpg

http://i566.photobucket.com/albums/ss106/AhoChaudeJP/My%20Construction/DSC00299.jpg

http://i566.photobucket.com/albums/ss106/AhoChaudeJP/My%20Construction/DSC00318.jpg

After the fantastic pictures By Nihonkittty on the last post of the previous page I can announce that...

....the project was named...
http://www.mec.co.jp/j/news/pdf/mec120110.pdf

Otemachi Financial City

大手町フィナンシャルシティ


http://img836.imageshack.us/img836/9154/otemachifinancialcity.jpg


The towers are separately named:

Otemachi Financial City - North Tower: 154m
Otemachi Financial City - South Tower: 177m


New thread title:

TOKYO 東京 | Otemachi Financial City 大手町フィナンシャルシティ | 177m & 154m | T/O

update

http://img804.imageshack.us/img804/6673/tokyootemachi120111.jpg

http://img214.imageshack.us/img214/9545/tokyootemachi1201122.jpg

http://img853.imageshack.us/img853/5995/tokyootemachi120113.jpg

http://img821.imageshack.us/img821/2108/tokyootemachi120115.jpg

http://img6.imageshack.us/img6/5962/tokyootemachi120116.jpg
http://building-pc.cocolog-nifty.com/helicopter/

The north tower looks more appealing than its bigger sister or brother, whatever, (we still have to check them).
Nonetheless they make a good filler.

http://img85.imageshack.us/img85/461/otemachichp0088.jpg

http://img651.imageshack.us/img651/4059/otemachichp0118.jpg

http://img198.imageshack.us/img198/6494/otemachichp0165.jpg

http://img341.imageshack.us/img341/9756/otemachichp0180.jpg
http://urbanreallife.blog52.fc2.com/

http://i.imgur.com/CpapE.jpg

http://i.imgur.com/hogd9.jpg

http://i.imgur.com/8BnXH.jpg
http://blogs.yahoo.co.jp/ys_yoko068

First photo looks like they are one giant building.

http://i566.photobucket.com/albums/ss106/AhoChaudeJP/gatebridge0299.jpg

http://urbanreallife.blog52.fc2.com/

February

http://i.imgur.com/jrc1q.jpg

http://i.imgur.com/trQ3i.jpg

http://i.imgur.com/o4354.jpg

http://i.imgur.com/HEOhP.jpg

http://i.imgur.com/3ir0w.jpg

http://i.imgur.com/0Wn08.jpg
http://building-pc.cocolog-nifty.com/helicopter/

Great complex. I wish if the north tower was as tall as the south tower because I find it really elegant and attractive.

http://i.imgur.com/RQH00.jpg
http://bluestyle.livedoor.biz/

Bluestyle posted a big panorama on it's blog.
http://bluestyle.livedoor.biz/archives/52086038.html


I cut some projects out of it for some updates.

http://i.imgbox.com/aatYNcLQ.jpg

From Tokyo Tower

http://img593.imageshack.us/img593/7220/ttowerotema0334.jpg

http://img51.imageshack.us/img51/3226/ttowerotema0329.jpg
http://urbanreallife.blog52.fc2.com/

From the Tokyo Sky Tree East Tower.

http://i.imgur.com/bGMlB.jpg
http://bluestyle.livedoor.biz/

06/05 From the Tokyo Sky Tree

http://i.imgur.com/ajFu5.jpg

http://i.imgur.com/Vg3Kw.jpg
http://bluestyle.livedoor.biz/

update

06/30

http://i.imgur.com/CzHHd.jpg

http://i.imgur.com/1mxlC.jpg

http://i.imgur.com/md6NO.jpg
http://bluestyle.livedoor.biz/

Just 2 months until this project will push up the Tokyo office vacancy to even higher levels

http://i.imgur.com/TZ2g3.jpg
http://urbanreallife.blog52.fc2.com/


It should go down again in the next few years since the amount of new office space that will be completed in 2013 & 2014 will be significantly lower then this year.

Interesting. Do you have any figure, stats?

I mean we have an idea about the high-rises, but there's also all the lower office buildings, and honestly I have no clue about those ones.

It's the big high rise offices that make the difference, that's where the big m2 are added to the market. Although surprisingly some of the around 100m Like Nakano Central and Shinjuku East Side Square add more then some of the big towers. There are some bigger new low-rise office buildings, but those together with all the small office building simply don't add up as much as the big ones.

In the articles about the monthly vacancy rates it's always mentioned that it's influenced by the new office towers that were completed that month.

Tokyo Office Vacancies Hit Record High Again In June

TOKYO (NQN)--The office vacancy rate at the end of June in Tokyo's five central wards of Chiyoda, Chuo, Minato, Shinjuku and Shibuya rose 0.03 percentage point on the month to 9.43%, hitting a record high for the second straight month, Miki Shoji Co. reported Thursday.

The slight increase came mainly because companies that moved into new buildings -- including the Shibuya Garden Tower, built by Sumitomo Realty & Development Co. (8830) and opened in June -- canceled their contracts at existing buildings. The new buildings opened with nearly full occupancy.
http://e.nikkei.com/e/fr/tnks/Nni20120705D05SS373.htm
Although the vacancy rates are rather stable, only moving up and down around the 9%.


And here's a 2012 office trend report by Nomura Real Estate.

Future trends in the 5-central wards, and the current polarization in the office market

http://www.nre-am.co.jp/english/report/pdf/topics2012_03_15.pdf

- Net new supply will climb sharply in 2012 (up 150,000 tsubo), but will increase by only 13,000 tsubo in 2013.

- If demand remains at the same level as in 2011, the average vacancy rate could reach 10% in 2012.

- However, the composition of office vacancies shows a widening gap between facilities operating at high capacity and those operating at low capacity.

- Forty-four percent of the buildings with vacancy rates above 50% are obsolete, and are in the process of becoming dead stock. These buildings are inflating the overall vacancy rate.

- The average vacancy rate will not improve until 2013, but demand for high-quality office facilities is already recovering.


http://i.imgur.com/2suMF.jpg

The new buildings are actually doing fine, it's the smaller older office buildings that have the biggest long term vacancy rates. This hurts the smaller property developers more then the big ones. This is why you still see all these big redevelopments like Nihonbashi 2-chome, the next phase of chain redevelopment of Otemachi and the Shibuya Station projects popping up, even with a steady 9% vacancy rate (5% is considered healthy).

I also looked at the completion dates of all the projects that are now under construction, there are less projects with a completion date in 2013 and 2014 and the buildings that will be completed in the next 2 years are on average smaller then this year.



edit, I found this pictures taken on 07/09

http://farm9.staticflickr.com/8154/7536113170_9733f10ba8_b.jpg (http://www.flickr.com/photos/norio-nakayama/7536113170/)
mood TOKYO from Mandarin Oriental Tokyo Premier Grand Room (http://www.flickr.com/photos/norio-nakayama/7536113170/) by norio.nakayama (http://www.flickr.com/people/norio-nakayama/), on Flickr

This project was completed today, here's the press release by Mitsubishi Estate.
http://www.mec.co.jp/j/news/archives/mec121001_3.pdf


Shop/restaurant floor-maps.

1F
http://i.imgur.com/BScrB.jpg

B1
http://i.imgur.com/m1b8E.jpg

http://building-pc.cocolog-nifty.com/helicopter/images/2012/10/03/tokyoiiyo12103.jpg

http://building-pc.cocolog-nifty.com/helicopter/images/2012/10/03/tokyoiiyo12104.jpg

http://building-pc.cocolog-nifty.com/helicopter/images/2012/10/03/tokyoiiyo12106.jpg

http://building-pc.cocolog-nifty.com/helicopter/2012/10/post-ab85.html

That's not this project.