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Toranomon-Roppongi District project approved

The Toranomon-Roppongi District Urban Redevelopment Project has received approval from Tokyo's prefectural governor for its property rights conversion plan. Aiming to begin construction at an early date, the project is moving forward towards its projected 2012 completion. The project is situated in the so-called "Daigaiku(Superblock)" area, which is bounded by Sotobori Dori (Ave.), Sakurada Dori (Ave.), Gaien-Higashi Dori (Ave.) and Radial Road No.1. Home to many embassies, this area has an international character and is the site of a number of other urban design projects, including ARK Hills and Izumi Garden.

In addition, the "Loop Road No. 2 Shimbashi Area and Akasaka-Roppongi District", which covers about 590 hectares and includes Daigaiku(Superblock), was designated a high-priority urban redevelopment area by the Japanese government's Headquarters for Revitalization of Central Urban Districts in July 2002, and in April 2008 it was designated as an area for priority strengthening of financial center functions by the government's Headquarters for Regional Revitalization. This shows the strong expectations for this area as a future hub for international finance and exchange.

Under the concept of "life surrounded by nature in the heart of the city", this project aims to build an attractive urban community that is rich in both international and cultural character. Mori Building Co., Ltd., will participate as a member of the redevelopment association.

Project demolition preparation work has commenced since February 2009, with the demolition of existing structures taking place gradually from March onward. Construction of the main building is to start in the autumn of 2009, with the project proceeding towards a target completion in 2012.



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