Press Release November 11, 2015 Mitsubishi Estate Co., Ltd. The Tokyo Chamber of Commerce and Industry Tokyo Kaikan Co., Ltd. Mitsubishi Estate Co., Ltd., the Tokyo Chamber of Commerce and Industry and the Tokyo Kaikan Co., Ltd. announce the launch of new joint project Mitsubishi Estate Co., Ltd., the Tokyo Chamber of Commerce and Industry, and the Tokyo Kaikan Co., Ltd. held a traditional ground-breaking ceremony at the building site for the Marunouchi 3-2 Project (provisional title). The project will involve the total reconstruction of the Fuji Building, the Tokyo Chamber of Commerce and Industry Building, and the Tokyo Kaikan Building located at 3-chome in Marunouchi, Chiyoda City. Construction will start on November 16 and will be completed in mid-october 2018. This project site is located in the leading business district of Marunouchi, bordering the lush greenery of the Imperial Palace Gardens as well as Ginza, Hibiya and Yurakucho, the famous commercial districts seeped in culture. This symbolic project inherits a sense of history and elegance from the Tokyo Chamber of Commerce and Industry, which has been operating in Marunouchi for more than 100 years as well as the Tokyo Kaikan, an international social gathering site that has been treasured since 1920 s. The project will further increase the appeal of the Marunouchi area and contribute to increasing Tokyo s international competitiveness by developing large conference rooms and banquet halls that are vital for MICE(Meeting, Incentive, Convention, and Exhibition) tourism, developing shops and restaurants along the Marunouchi Nakadori Avenue, as well as developing a cable tunnel underneath Marunouchi Nakadori Avenue to significantly improve the disaster management capabilities of the area. View from the side of Hibiya Street and the Babasaki Dori 1 View from the side of Hibiya Dori and Marunouchi 4th Street
Outline of the building and ownership The low-rise part will be under sectional ownership of Mitsubishi Estate, the Tokyo Chamber of Commerce and Industry, and the Tokyo Kaikan. It will comprise of shops along Marunouchi nakadori Avenue by Mitsubishi Estate, rental conference rooms, rental offices and the secretariat office of the Tokyo Chamber of Commerce and Industry, as well as a banquet hall for the Tokyo Kaikan. The high-rise part will be a rental office that overlooks Imperial Palace Gardens in front and will be jointly owned by Mitsubishi Estate and the Tokyo Kaikan. 2
The Tokyo Chamber of Commerce and Industry The Tokyo Chamber of Commerce and Industry segment will be made up of rental conference rooms, the tenant area and the secretariat office area of the Tokyo Chamber of Commerce and Industry. The entrance along Hibiya Dori and Babasaki Dori a multi-purpose space for exhibitions, as well as the reception of the Tokyo Chamber of Commerce and Industry. The rental conference room area on the 5th floor will be equipped with a large conference room with approx. 500 seats, alongside small and mid-sized conference rooms to flexibly respond to the demands for various types of events. The tenant area on the 2nd to 4th floors (about 1,100 m 2 for each floor) will consist of comfortable and stylish offices providing a view of the beautiful, changing scenery of the Imperial Palace Gardens below. 1st floor: an image of the entrance to the Tokyo Chamber of 5th floor: an image of a large conference room Commerce and Industry office Tokyo Kaikan The Tokyo Kaikan segment will be equipped with a large banquet hall, which will be the largest space in the peripheral area, capable of holding a party with 2,000 participants. It will also feature various facilities that are valuable for the global MICE tourism. Stretching 100m along Hibiya Street and overlooking Imperial Nijubashi Bridge, the elegant Tokyo Kaikan with is the perfect venue for wedding receptions and celebrating special occasions. Large buses are able to park at the porte-chochere in front of the entrance to the building along Marunouchi 4th Street. In addition, there will be changes in traffic arrangements on Marunouchi 4th Street to secure greater convenience for users. 3rd floor: an image of the large banquet area of the Tokyo Kaikan 3
Superior Access and Stunning Views The project s convenient location on Marunouchi Nakadori Avenue will also provide rare office space that overlooks Hibiya Park, as well as the Imperial Palace Gardens. The project area is located at the intersection of Ginza, Hibiya, and Yurakucho, within walking distance of Tokyo Station. This location is highly desirable for companies of various business types. The office space has an effective area of about 2,900 m 2 on standard floors which can flexibly respond to diverse work styles. The underground network that will be developed connects to Hibiya Station on the Toei Mita Line, the Tokyo Metro Hibiya Line, and the Tokyo Metro Chiyoda Line, and the Yurakucho Station on the Tokyo Metro Yurakucho Line. It is also connected to the Marunouchi area-wide underground walkway network. A view of Imperial Palace Gardens from a height equal to the 8th floor of the projected building Safety, Security and Business Continuity The building will be equipped with above ground level emergency power generators with a medium-pressure gas cogeneration system and a dual-fuel system to allow the sustainability of business operations in a disaster situation. In addition, the building s earthquake resistance is 1.5 times as stronger than that required by the Building Standards Act. The underground space beneath Marunouchi Nakadori Avenue will be installed with a strong anti-earthquake cable tunnel. An energy system for providing heat, emergency power, water for general use, as well as information will be built, utilizing a regional air-conditioning plant newly built by Marunouchi Heat Supply Co., Ltd. within the building. An area of about 3,500m 2, including a large banquet hall and conference room space can be used as makeshift accommodations for stranded commuters. There will also be three days worth of supplies in storage and the ability to supply power through the cable tunnel to the neighboring five buildings. 4
Increasing Tokyo s International Competitiveness The building will be equipped with a large-scale conference space and a banquet hall, which can be used for business and social gatherings. The Marunouchi area s ability to host international conferences and other events will be significantly enhanced in collaboration with the Tokyo International Forum and other related facilities in the neighborhood. The project is also surrounded by various amenities to support MICE tourism. Spreading the news from Marunouchi with the Foreign Correspondents Club of Japan The Foreign Correspondents Club of Japan, which has hosted many press conferences from internationally prominent figures in every field and is one of the world s oldest and most authoritative press clubs, decided to be part of the project with the aim of further strengthening its functions. This will be a tremendous asset to the Marunouchi area, allowing a fluid exchange of information about Marunouchi to be shared with Japan and the rest of the world. The Project s Impact on Neighboring Areas The Marunouchi 3-chome area that is home to the building is just next to the Yurakucho area and the launch of the project will further increase the vitality of both areas. The creation of new amenities and services has increased demand and raised the value of the neighboring area. The project brings together a variety of facilities and opportunities, and this same stream of growth is expected to ripple throughout the Yurakucho area as well. Through the promoted utilization of the Marunouchi Nakadori Avenue, based on the collaboration between the public and private sectors in line with the National Strategic Special Zones system as part of that measure, the project will take progressive action in creating spaces where workers and visitors can relax in an urban environment. Artists rendition of a bustling Marunouchi Nakadori Avenue during an event 5
Outline of the development project Location: 3-2 Marunouchi, Chiyoda City, Tokyo Main usage: Offices, conference room, banquet hall, shops, parking lot, etc. Ground area: approx. 9,900 m 2 Floor area: approx. 173,000 m 2 Floor-area ratio: 1,500% Floors: four underground floors, 30 floors above ground and two tower floors Building height: about 150m Structure: iron framework for the above-ground floors and reinforced concrete iron framework for the underground floors Design management: Mitsubishi Jisho Sekkei Inc. Construction: Taisei Corporation Scheduled period of new construction: from November 16, 2015 to mid-october 2018 6