Business Wire

MORI-BUILDING

24.11.2023 07:01:28 CET | Business Wire | Press release

Share
Mori Building Celebrates the Official Launch of Azabudai Hills

Mori Building Co., Ltd., Japan’s leading urban landscape developer, today marked the official launch of Azabudai Hills, a mixed-use complex and world-class new neighborhood in central Tokyo. Embracing the concept of “Modern Urban Village – Green & Wellness”, Azabudai Hills is a nature-rich landmark with integrated urban functionalities including a top-tier business center, residential, retail, cultural, medical facilities, educational institutions and a large open space filled with lush greenery that brings people together.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231123377497/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

©DBOX for Mori Building Co., Ltd - Azabudai Hills (Graphic: Business Wire)

Mori Building’s vision for Azabudai Hills is to become a standard-setting 21st century "Green & Wellness" community, where people live harmoniously with nature. Spanning approximately 8.1 hectares, Azabudai Hills has a total floor area of approximately 861,700m², including 214,500m² of office space, 24,000m² of greenery, 1,400 residential units, 122 hotel rooms and around 150 retail shops and restaurants. Mori JP Tower soars to a height of 330 meters, making it the tallest building in Japan. This reimagined “city within a city” neighborhood will host approximately 20,000 office workers and 3,500 residents when fully occupied and is expected to welcome 30 million visitors per year.

“Mori Building is dedicated to creating and nurturing cities’ vitality through large-scale urban redevelopment projects,” said Shingo Tsuji, President and CEO of Mori Building Co., Ltd. “Over the years, we continue to anticipate the direction of future cities as society evolves. Major cities around the world have gone through tremendous changes in recent years. We believe that what people want from urban living in the future is to have access to integrated functionalities while being able to live in harmony with nature, to build relationships with others and to enjoy physical and mental wellbeing. We wanted to create a neighborhood that embodies these values in the heart of Tokyo. Azabudai Hills demonstrates our vision of ‘Green & Wellness’ for urban life as well as our ambition to contribute to the international competitiveness of Tokyo.”

Design Inspired by Green & Wellness

Azabudai Hills embodies Mori's vision of Modern Urban Village –Green & Wellness, a huge open space filled with lush greenery that brings people together to build a new community in the heart of Tokyo.

The architectural design of Azabudai Hills began with outlining the flow of people and a seamless landscape with a Central Green public square. Locations were then considered for the high-rise towers, enabling them to melt into the lush greenery. This is the opposite of the traditional approach of placing the buildings first.

In addition, the usage of compact high-rise towers made it possible to create a large amount of green space to the area. By aggregating numerous small plots of land and then building three skyscrapers on the site, Mori Building created a huge open space filled with greenery on the ground level. This is the basis of the Vertical Garden City concept that Mori Building has implemented across its iconic projects over the years, including ARK Hills, Roppongi Hills, and Toranomon Hills.

Azabudai Hills brings people closer to nature with some 320 diverse species of plants that transform the space at each season. An orchard of approximately 200 m² will be located on a sloping green space with 11 types of fruit trees, providing urban dwellers with the rare opportunity to witness nature’s wonder.

Public art installations throughout the complex create an urban space, in which art and nature blend seamlessly and people can visualize their connection with the natural world. Azabudai Hills Gallery will be the core cultural promotion facility in Azabudai Hills, a development based on the concept that the “entire city is a museum”.

Top architecture and design teams including Pelli Clarke & Partners and Heatherwick Studio came together to create a landmark that is distinctively Japanese on the one hand by tapping into local aesthetic, topographical, and seasonal elements, while offering a new framework of urban living focused on greenery, wellness and harmony with nature that has wider applications.

“Cities are among the greatest inventions of mankind and Azabudai Hills has propelled their evolution forward dramatically, interweaving architecture, nature and community. Working directly with Mr. Minoru Mori and Mr. Shingo Tsuji, we have created an active, diverse and humane city-within-a-city,” said Fred Clarke, Co-Founder and Partner of Pelli Clarke & Partners. “With its citizens top of mind, Mori Building and the design team seek to contribute to the art and science of building our urban future. It is an honor for us to have shared their decades-long vision!”

“We were inspired to create a district that connects with people’s emotions in a different way,” said Thomas Heatherwick, Founder of Heatherwick Studio. “By combining cultural and social facilities with an extraordinary three-dimensional, explorable landscape, it’s been possible to offer visitors and the local community somewhere to connect with each other and enjoy open green public spaces. This is a joyful and unique public place for Tokyo, designed to be cherished for many years.”

Home for Leading Business and Global Institutions

Azabudai Hills has garnered support from partners who share the vision of Green & Wellness. Among these prestigious partners are the Keio University Center for Preventive Medicine; The British School in Tokyo, one of the largest international schools in the city center; Janu Tokyo, the world debut of Aman's sibling brand and the only hotel in the development; Aman Residences, Tokyo, delivering an entirely new standard of living with just 91 units offering the fully-serviced Aman branded lifestyle; the Tokyo Venture Capital Hub, bringing together over 70 Japanese venture capitals; around 150 retail stores, including world-class luxury brands; Azabudai Hills Market, which promotes authentic Japanese food culture; and the renowned MORI Building DIGITAL ART MUSEUM: EPSON teamLab Borderless, previously located in Odaiba, Tokyo. Many of these exceptional establishments have opened in Azabudai Hills with additional facilities to open after December 2023.

Upcoming Launch schedule

  • Late January 2024 - Azabudai Hills Market
  • Early February 2024 - MORI Building Digital Art Museum: EPSON teamLab Borderless
  • February 2024 - Janu Tokyo
  • From February 2024 - Garden Plaza (luxury brands)


35 Years in the Making

The Azabudai Hills project began in 1989 with the establishment of the Council of Redeveloping Cities. The project site encompasses a long, narrow district, broken up by hills and valleys with a complex terrain. Prior to redevelopment, the fragmented district was populated with small, wooden houses and buildings that needed major infrastructure upgrades and urban function improvements.

Since then, Mori Building Co. worked in collaboration with some 300 landowners of diverse backgrounds for nearly 35 years to bring Azabudai Hills to life. The project received overwhelming support from landowners and local constituents. In 2017, the City Plan was approved, and construction began in August 2019.

“I am turning 99 years old this December and the Azabudai Hills project started when I was in my mid-60s. We took a thoughtful approach to make sure that everyone was on board with the new development plan. Once that was decided, it moved forward so quickly that it’s hard to believe that we are already at the finish line. Mori Building played an instrumental role in leading the redevelopment and making this unprecedented project a reality,” said Kenichi Magatani, Chair of the Azabudai Hills Urban Redevelopment Association.

“I have lived in this neighborhood for a long time, but I have never seen such a dynamic urban development project at the heart of the city. I am sure that people will be amazed by not just the spectacular high-rise towers, but also by its rich greenery, and the incredible amenities including markets and restaurants, retail shops, museums, medical center, and international school. I strongly believe that this revitalized neighborhood is something Tokyo and Japan can be proud of for decades to come,” said Magatani.

Facilitate Innovation/VC Ecosystem

Azabudai Hills is the home for Tokyo Venture Capital Hub (TVCH), the first large-scale venture capital hub in Japan. TVCH is designed to foster homegrown start-ups, exchange business ideas between VCs, and entrepreneurs, and create an ecosystem that revitalizes Japan’s innovation economy.

Located on the 4th and 5th floors of Garden Plaza B, TVCH offers best-in-kind office space and a co-working area that facilitate investment pitches, seminars, workshops, and networking events. TVCH will host some 70 corporate VCs and top independent VCs including Drone Fund, Incubate Fund, Spiral Capital, as well as Japan Venture Capital Association and University of Tokyo Edge Capital Partners (UTEC).

In addition, start-ups, VCs, and corporations at TVCH are encouraged to team up with collaborators at other innovation incubators, such as ARCH and CIC Tokyo, and Japan Innovation Campus in Silicon Valley, that are located within other Mori properties in Japan and overseas.

Leader in Sustainability

Azabudai Hills is a leader in promoting citywide efforts to decarbonize and recycle resources. From the time construction is completed, 100% of the electricity supplied to the complex will come from renewable sources, meeting the targets set by the Renewable Energy 100% (RE100) international environmental initiative led by the UK’s Climate Group. AI technology will be deployed in the energy center to optimize the management of this large complex’s mixed-use energy consumption.

In addition, Azabudai Hills will deploy measures across the complex to reduce environmental impact including usage of alternative energy, reusing stormwater for watering the greenery and horizontal plastic recycling.

Azabudai Hills is on track to receive several prestigious environmental distinctions, including the highest-level LEED Neighborhood Development certification for mixed-use developments, LEED’s BD+C (Building Design/Core and Shell Development) certification as well as WELL certification.

A factbook providing full details of Azabudai Hills and its facilities is available at the following website:
https://onl.tw/VYcx5TJ

Mori Building is an innovative urban developer based in Tokyo. The company is committed to maximizing the magnetic power of cities by creating and nurturing safe, sustainable, and cosmopolitan urban centers based on its unique Vertical Garden City concept of high-rise centers for business, education, leisure, and residence. The concept is applied in the company’s many leading-edge projects, including ARK Hills, Roppongi Hills, and Toranomon Hills in Tokyo and the Shanghai World Financial Center. Mori Building is also engaged in real estate leasing, project management, and consultation. Please visit www.mori.co.jp/en

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231123377497/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Suzano Reports 36% Increase in Third Quarter Net Revenue Following Consolidation of Arbex6.11.2026 00:23:00 CET | Press release

Suzano (B3: SUZB3 / NYSE: SUZ) , the world’s largest pulp producer, announces its results for the third quarter of 2026 (3Q26), which for the first time include Arbex, the joint venture between Suzano and Kimberly-Clark established in July this year. Driven primarily by the consolidation of Arbex’s contribution, Suzano reported net revenue of BRL16.5 billion, an increase of 36% on the same period last year and a new quarterly record in the company’s 102-year history. Adjusted EBITDA totaled R$5.7 billion in 3Q26, up 9% on the same basis of comparison. Operating cash generation reached R$3.8 billion, an increase of 12%. Net income totaled R$2.1 billion. As announced following the completion of the transaction with Kimberly-Clark, Suzano holds a 51% equity interest in Arbex and will therefore fully consolidate the joint venture’s financial statements from this quarter onwards.1 “This quarter marks the beginning of a new phase for Suzano. With Arbex, we are now a broader business, both ge

Andersen Consulting styrker sine transformationskompetencer med Bakia Consulting5.11.2026 23:12:00 CET | Pressemeddelelse

Andersen Consulting udvider sine kompetencer inden for forretningstransformation gennem en samarbejdsaftale med Bakia Consulting, et firma, der har specialiseret sig i transformation af økonomifunktionen. Bakia Consulting har hovedkontor i Paris og kapacitet i Singapore og Hongkong og har hjulpet store virksomheder og finansielle institutioner med at gentænke deres økonomifunktioner, herunder driftsmodeller, organisationsstrukturer, processer og digitale systemer. Bakia Consulting kombinerer projektledelse og forandringsledelse og arbejder tæt sammen med kunderne om at udvikle løsninger og fastholde forandringer. Virksomheden rådgiver også om modeller for økonomisk og ikke-økonomisk styring, procesoptimering og digitale værktøjer. "Økonomifunktioner forventes at levere bedre indsigt, arbejde mere effektivt og tilpasse sig skiftende forretningsbehov – ofte samtidig," udtalte Romain Dubuisson, partner hos Bakia Consulting. "Vi arbejder tæt sammen med vores kunder om at udvikle løsninger,

iQmetrix Unveils Built-In Intelligence for Every Role in Telecom Commerce at Its 2026 Telecom Industry Address5.11.2026 22:39:00 CET | Press release

An all-new AI inventory agent, iQ Hub and iQ Pay for Back Office bring intelligence to every role. iQmetrix, the global provider of Intelligent Commerce Operating Systems for telecom, last week shared highlights from its 2026 Telecom Industry Address and Product Announcements, held virtually on Oct. 28 in two sessions, one for North American audiences and one for European audiences. The address was built around one theme: intelligence. Telecom commerce is moving from systems that record the business to systems that act on it, and the announcements put that intelligence in the hands of every role, from the sales associate at the counter, to the finance manager in the back office, to the corporate view leading the channel experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261105003162/en/ "Right now telecom providers are competing in a race to the bottom on price that no one wins. The way out is intelligence. Not AI bo

Compass Pathways Announces New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)5.11.2026 22:30:00 CET | Press release

Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care, announced today that Compass granted equity awards under the Compass Pathways plc 2026 Inducement Plan to nine newly hired non-executive employees. The equity awards were granted on November 2, 2026, and consisted of options to purchase an aggregate of 59,275 shares and restricted share units or, in the case of employees in the United Kingdom nominal cost options, covering an aggregate of 28,200 shares. These options have an exercise price per share equal to $8.41, the closing price of the Company’s American Depositary Shares on the Nasdaq Global Select Market on the grant date, and will vest over a four-year period with 25% vesting on the first anniversary of the date of the grant and the remaining 75% vesting in equal monthly installments over the three-year period thereafter, subject to each employee’s continued employment. The restricted s

Graco QUANTM i230 Brings Electrification to High-Flow Fluid-Transfer Applications5.11.2026 22:16:00 CET | Press release

New electric 3-inch double-diaphragm pump helps paint, coatings and ceramics manufacturers increase throughput while reducing energy consumption by up to 80%. Graco Inc. is helping manufacturers electrify high-flow fluid-transfer applications with the global launch of the 3-inch QUANTM® i230, bringing efficient electric drive technology to demanding processes that have traditionally relied on pneumatic pumps. Paint, coatings and ceramics manufacturers depend on diaphragm pumps for their flexibility, reliability and ability to handle challenging materials. But pneumatic pumps also depend on compressed air — an energy-intensive plant resource whose available capacity can fluctuate as demand changes across a facility. The QUANTM i230 gives manufacturers another option for qualified high-flow applications. By combining familiar diaphragm pump capabilities with electric operation, the pump helps manufacturers move more material, reduce transfer bottlenecks and lower energy consumption by up

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye