OFFICE BUILDING BUSINESS

Enhancing Urban Functions from an Area Management Perspective

The Building Business primarily undertakes the development, leasing and property management of office buildings in Japan's major cities. It also handles the management of large-scales shopping centers,the operation of parking lots and the operation of district heating and cooling services throughout Japan. In addition to ensuring advanced preparedness against disasters,the business places considerable weigh to environmentally friendly activities as a part of ongoing efforts to enhance urban functions from an area management perspective.

Promoting the Second Stage of Marunouchi Redevelopment

Mitsubishi Estate is going beyond the role of developer to that of producer, as it maximizes the full potential of the Marunouchi and delivers new functions that meet the business needs of today and tomorrow. In 1998, we commenced the first stage, covering a period of 10 years, of Marunouchli Redevelopment.
Beginning with the completion of the Marunouchi Building in 2002,a total of six new buildings have been completed,including the Shin-Marunouchi Building.

From 2008,we have been pushing ahead with the second stage. The first project of the second stage consisted of the Marunouchi Park Building and Mitsubishi Ichigokan in April 2009. In January 2012,we witnessed the completion of the second project, the Marunouchi Eiraku Building.

Going forward, Mitsubishi Estate has begun a third project, breaking ground on Otemachi Financial City,an Otemachi district linked urban development initiative that falls within the Otemachi 1-chome Second Zone Urban Area Redevelopment Project. Positioned as the fourth project of the second stage of the Marunouchi Redevelopment Program,Mitsubishi Estate will also pursue the Otemachi 1-1 project (tentative name) with construction commencing on the Resona Maruha Building and The Bank of Tokyo-Mitsubishi UFJ Otemachi Building under an integrated development plan.

Based on the achievements of Marunouchi Redevelopment to date, the second stage will encompass broader and more comprehensive plans to further rejuvenate the Otemachi, Marunouchi and Yurakucho districts, an area of approximately 120 hectares.

Picture: Mitsubishi Ichigokan

Mitsubishi Ichigokan
Mitsubishi Ichigokan has been completely restored to its former 1894 glory as--the first office building in Marunouchi. Today, this building is functioning as a key culture and arts complex for expanding the area's cultural horizons.

Picture: The Otemachi1-1 project (Tentative Name)

The Otemachi1-1 project (Tentative Name)
The project entails the reconstruction of two office buildings according to a single harmonized development plan. Every effort is being placed on ensuring an optimal urban environment while promoting distinctive business operations and support activities as well as eco-friendly and disaster prevention features commensurate with Otemachi as a leading international financial district.
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