Mori Unveils Tokyo's Tallest Office Tower, Testing Post-COVID Demand

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Mori Unveils Tokyo's Tallest Office Tower, Testing Post-COVID Demand
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Japan's Mori Building has revealed Tokyo's tallest office tower as part of a business and residential complex, aiming to take advantage of the investment boom in the country. The Mori JP Tower, standing at 330 meters, will house offices for 20,000 workers and accommodations for 3,500 residents. The tower is set to open in November and will be slightly shorter than the iconic Tokyo Tower.

At 330 metres , the Mori JP Tower anchoring the Azabudai Hills project is just slightly shorter than the iconic orange and white Tokyo Tower nearby. Due to open in November, the Mori JP Tower will have offices for about 20,000 workers and accommodations for 3,500 residents.in Japan's capital and the Nikkei stock indicator hovers near a three-decade high.

"I don't believe all work can be done remotely, especially when it comes to generating ideas, nurturing talent, and creating new business and company culture," Tsuji told reporters. "As long as Tokyo continues to grow, the office space itself has to increase." Tsuji repeated a philosophy from deceased company founder Minoru Mori that Tokyo needed radical urban development to remain competitive with other global cities.

About 50% of the Azabudai Hills office space has been leased so far, and about half of that to non-Japanese parties, Tsuji said. The company is aiming for a full house by the end of 2023.

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