Pair of Towers to Add to Lively Tokyo Scene

The Tokyo Metropolitan Government approved a US$1.15-billion project that aims to bring a pair of 54-story residential towers to the Kachidoki and Toyomicho district on Tokyo Bay, Japan Property Central reported in July. Providing nearly 2,100 apartments, the towers promise to add to an already-lively high-rise residential scene with multiple towers offering more than 17,000 residences nearby. A trio of apartment buildings is set to be demolished to make way for the new structures, with construction projected to start in 2022. An entity known as the Toyomi District Town Redevelopment Committee is behind the project. It includes owners of the old apartment towers and major real estate players like Mitsui Fudosan Residential and Mitsubishi Jisho Residence.