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Mitsubishi Estate set to start big project

Jiji Press TOKYO (Jiji Press) — Mitsubishi Estate Co. said Monday it will break ground on a redevelopment project in central Tokyo in late April, featuring what will be Japan’s tallest building at about 390 meters.

In the four-building project, the major real estate developer will start with a building to house a sewage-pumping station and an office of the Tokyo metropolitan government’s Sewerage Bureau, it said.

The project, covering 31,400 square meters of land in the Tokiwabashi district of Tokyo’s Chiyoda Ward, will cost ¥500 billion and be completed in fiscal 2027.

In fiscal 2023, construction work will start for the 390-meter-high building, which will eclipse the 300-meter Abeno Harukas high-rise in Osaka, the tallest completed building in the country.

With 61 floors above ground and five below, the planned skyscraper will house offices, commercial facilities and an observation deck for tourists.

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