A 47-storey, 190m tall mixed-use apartment tower is planned for a site near the former World Trade Center in Hamamatsucho, Minato-ku, Tokyo. On November 9, the Tokyo Metropolitan Government approved the establishment of the Hamamatsucho 2 Chome District Redevelopment Committee.
Construction is scheduled to start in 2020 with completion by early 2026. The building will be located on a 7,000 sqm site with direct access to Hamatsucho Station on the JR Yamanote Loop Line, along with access to the Asakusa and Oedo subway lines.
In 2014, Nippon Life Insurance Company acquired the neighboring site on the northern side for 80 billion Yen (approximately 790 million USD at the time), or around 11.1 million Yen per square meter. Nippon Life built the 156m tall Hamamatsucho Crea Tower which was completed in August 2018.
The eastern neighbor will become the new World Trade Center, with two buildings between 197 ~ 200 meters tall planned for completion in 2021 and 2025.
The Daily Engineering & Construction News, November 9, 2018.
The Tokyo Metropolitan Government News Release, November 8, 2018.
JR East News Release, September 7, 2018.