View Full Version : TOKYO 東京 | Otemachi Financial City 大手町フィナンシャルシティ | 177m & 154m | Com
September 10th, 2010, 09:51 PM
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.
Otemachi Financial City - South Tower
height: 177 m
Otemachi (1), Chioda-ku
Otemachi Financial City - North Tower
height: 154 m
start construction: 04/2010
completion date: 09/2012
Situation November 2009
October 22nd, 2010, 07:28 PM
Let's bump this thread from the bottom of the 2nd page.
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.
November 10th, 2010, 08:09 PM
December 23rd, 2010, 07:00 PM
December 24th, 2010, 09:55 AM
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!!
December 28th, 2010, 08:28 AM
The 177m tall building is rising.
January 30th, 2011, 09:42 AM
The 177m tower is the one that's growing right now.
The 154m still still has to come up out of the ground.
February 16th, 2011, 07:56 PM
on the right
February 21st, 2011, 06:26 PM
February 28th, 2011, 06:57 PM
March 20th, 2011, 11:47 AM
March 31st, 2011, 09:54 PM
April 3rd, 2011, 09:04 AM
April 27th, 2011, 08:05 PM
May 22nd, 2011, 09:17 PM
June 15th, 2011, 06:40 PM
Just 1 of the 2 pictures for this thread.
That's it for these 2 pictures.
June 30th, 2011, 06:34 PM
The 2nd tower also got tower cranes and should be rising soon.
July 2nd, 2011, 01:47 AM
The building looks nice.
July 2nd, 2011, 08:18 PM
July 6th, 2011, 07:16 PM
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).
August 3rd, 2011, 08:25 PM
August 14th, 2011, 07:25 AM
August 28th, 2011, 07:22 AM
August 29th, 2011, 11:08 PM
I love panorama's :)
August 31st, 2011, 06:58 PM
September 10th, 2011, 03:59 PM
September 23rd, 2011, 12:51 AM
October 11th, 2011, 07:01 AM
October 20th, 2011, 08:17 PM
October 26th, 2011, 06:41 PM
It looks like the tallest of the 2 has topped out.
October 31st, 2011, 07:59 PM
November 2nd, 2011, 08:57 PM
November 7th, 2011, 07:07 PM
November 11th, 2011, 07:21 PM
And another update.
November 17th, 2011, 06:38 PM
December 1st, 2011, 06:35 PM
December 2nd, 2011, 02:13 AM
Is the taller one topped out?
December 2nd, 2011, 05:47 PM
Yes, the other one is also almost there.
December 27th, 2011, 10:09 AM
January 11th, 2012, 01:40 PM
January 11th, 2012, 07:28 PM
After the fantastic pictures By Nihonkittty on the last post of the previous page I can announce that...
....the project was named...
Otemachi Financial City
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
January 22nd, 2012, 06:05 PM
January 22nd, 2012, 07:33 PM
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.
February 5th, 2012, 10:07 AM
February 7th, 2012, 07:35 PM
February 13th, 2012, 12:45 AM
First photo looks like they are one giant building.
February 17th, 2012, 03:42 AM
March 11th, 2012, 09:51 PM
March 12th, 2012, 03:36 AM
Great complex. I wish if the north tower was as tall as the south tower because I find it really elegant and attractive.
March 19th, 2012, 12:05 PM
April 5th, 2012, 12:38 PM
Bluestyle posted a big panorama on it's blog.
I cut some projects out of it for some updates.
April 14th, 2012, 09:40 AM
From Tokyo Tower
May 21st, 2012, 04:49 PM
From the Tokyo Sky Tree East Tower.
June 7th, 2012, 08:08 PM
06/05 From the Tokyo Sky Tree
July 5th, 2012, 05:28 PM
July 19th, 2012, 01:38 PM
Just 2 months until this project will push up the Tokyo office vacancy to even higher levels
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.
July 19th, 2012, 03:23 PM
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.
July 19th, 2012, 07:55 PM
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.
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
- 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.
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
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
October 1st, 2012, 12:44 PM
This project was completed today, here's the press release by Mitsubishi Estate.
October 5th, 2012, 05:00 PM
October 5th, 2012, 05:44 PM
That's not this project.