Mori to spend 400b yen building 3 Tokyo towers
Skyscrapers are part of the company's one trillion yen plan to redevelop the central Toranomon area over 10 years
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Tokyo
JAPAN'S Mori Building Co said on Wednesday that it will spend about 400 billion yen (S$4.95 billion) on constructing three high-rise towers as part of a grand plan to redevelop a central Tokyo district, and may seek a partner to fund the project.
The development is part of Mori's one trillion yen plan to redevelop the Toranomon area over about 10 years. Less well-known than districts such as Nihonbashi and Marunouchi, Toranomon sits among government, business and retail centres, with ageing infrastructure offering prime redevelopment opportunities.
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