Nihonbashi is Mitsui Fudosan's home ground and in the Edo period, its location as the starting point for five major roads and its water transportation access enabled it to play a central role as a gathering place for people and goods from all over Japan.
The Nihonbashi Revitalization Plan was started to bring together public and private sector participants and the local community in an effort to restore the neighborhood to its former glory as a cultural, economic, and commercial hub.
Nihonbashi in the Edo period served as the starting point for five major roads, so it was a gathering place for people and goods from all over Japan. This made it a highly innovative district and this interaction and exchange gave rise to new industries and cultures.
We want to reestablish in contemporary times the centrality Nihonbashi once enjoyed and with the world as its stage.
We aim to make the Nihonbashi a place where people from all over the world can gather and interact, as a starting point for broadcasting new, forward-looking values globally.
Nihonbashi flourished in the Edo period and it remained a dynamic hub for economic and commercial activity into second half of the 20th century. However, this prosperity disappeared in the 1990's following the collapse of Japan's economic bubble.
The Nihonbashi Revitalization Plan was started to bring together public and private sector participants and the local community in an effort to restore the neighborhood to its former glory and the first step was the opening of COREDO Nihonbashi.
This was followed by further mixed-use neighborhood creation through the development of Nihonbashi Mitsui Tower and COREDO Muromachi 1.
COREDO Nihonbashi
The Nihonbashi Revitalization Plan's pioneering commercial facility. It combines tradition with modern sensibilities to propose new products and services.
Nihonbashi Mitsui Tower
A high-rise building constructed based on the concept of continuing the history and culture of the Mitsui Main Building, that was completed in 1929, while also redeveloping the Nihonbashi district. It stands as a symbol for urban regeneration.
COREDO Muromachi1
It provides visitors with foods from across Japan and carefully selected products and also houses Nihonbashi Mitsui Hall, Nihonbashi's largest multi-purpose hall. It has contributed to further enlivening the district.
Stage 2 of the Nihonbashi Revitalization Plan kicked off with the openings of COREDO Muromachi 2 and 3 in 2014. This stage involved advancing neighborhood creation that leveraged the unique appeal of the district and combined tangible and intangible aspects, based on the four key concepts of neighborhood creation, industry creation, community cohesion, and the renewal of an aqua metropolis. As a result, Nihonbashi began to see a return to its former prosperity as a more diverse range of people and companies started using the district for a variety of purposes.
Neighborhood creation with diverse objectives and functions.
Realizing prosperity by integrating facilities and streets.
Mixed-use neighborhood creation
Nihonbashi was primarily occupied by office buildings, so we advanced mixed-use neighborhood creation by introducing projects with a variety of uses, such as commercial facilities, a multi-purpose hall, housing, and hotels. This generated a greater diversity of people and companies.
Realizing prosperity by integrating facilities and streets
The old streets of Nihonbashi are teeming with history and culture, so we leveraged this charm in a way that directs the flow of people around the district, including establishing streets lined with cherry blossom trees and layered with flagstones.
The Murohon Building Project
Nihonbashi's Muromachi 1-chome and Honmachi 1-chome areas have retained their original streets and street-facing stores. In order to conserve and use this traditional townscape, we attracted tenants for the stores who could harmonize with the scenery to rejuvenate the area in a unique way.
Working on the Nihonbashi East Area
We attracted facilities and stores that can create a unique character for the area through efforts such as renovating small and medium-sized buildings.
Supporting tradition and innovation to create new industries.
Turning Nihonbashi into a life science business hub
We leveraged Nihonbashi's history and distinctiveness as the home to many pharmaceutical companies to promote the creation of industries in the life science innovation field.
Providing spaces
We worked to attract tenants by providing physical spaces for the gathering of people and information. This meant offering a full range of spaces, including serviced offices that are ideal for start-up companies or Japanese branches of overseas companies, rental offices for life science corporations, rental meeting rooms that can be used for events or inhouse meetings, and communication lounges.
Building a community
We established LINK-J to accelerate activities that generate real exchange between people from different fields and to create open innovation. It aims to become an organization that will power the future direction of life science by coordinating venture companies, corporations, organizations, venture capitalists, universities, the Tokyo Metropolitan Government, and other stakeholders in Japan and overseas.
Promoting recycling-oriented neighborhood creation that maintains historic communities and cultures and that values connections between people and harmony with nature.
Sakura Fes Nihonbashi
A popular spring event that we hold with a variety of local stakeholders, including long-standing restaurants, commercial facilities, and hotels. It communicates the value offered by every aspect of the district, including the art, food, and entertainment.
Fukutoku Jinja Shrine and Fukutoku Garden
We reconstructed the main building of Fukutoku Jinja Shrine, a shrine which is at the heart of the local community. We also developed Fukutoku Garden on land adjacent to the shrine to provide a central location where the community can relax and enjoy greenery.
Establishing disaster response sites
We established primary evacuation sites where people who are unable to return home can shelter during disasters and hold disaster response drills together with the local community. Nihonbashi Muromachi Mitsui Tower is also equipped with an energy center that can provide the community with heat and electricity in an emergency. We continuously work to enhance business continuity planning functions.
Nihonbashi was once a water transportation hub and in order to restore its status as Tokyo's aqua metropolis, we aim to create an abundant waterside environment.
Establishment of Nihonbashi Pier
Nihonbashi Pier was completed in 2011 and is now fully established as a stop for sightseeing boats.
A new water transport experience
We are using technology to create a new water transport experience. This involves collaborating with local stakeholders to provide a new entertainment experience that is unique to Nihonbashi.
Stage 3 of the Nihonbashi Revitalization Plan began following the opening of COREDO Muromachi Terrace.
We are advancing neighborhood creation that will contribute to solutions for global issues by continuing the initiatives started in Stage 2 while also incorporating three new priority initiatives:
"Regeneration of Waterfront Wealth," "Creation of New Industries" amd "Hosting Worldwide-Connecting International Events."
Stage 3 is the implementation of three priority initiatives based on an understand, collaborate, communicate approach to advance neighborhood creation that can realize the vision of the Nihonbashi Revitalization Plan.
The slogan represents the understand, collaborate, communicate approach to neighborhood creation in Stage 3 of the Nihonbashi Revitalization Plan.
We will engage in an open style of neighborhood creation and bring motivated partners into the district to conduct various collaborations that leverage Nihonbashi's ample local resources.
We will create original value in Nihonbashi and broadcast it to the world.
Realizing the Nihonbashi aqua metropolis as a new globally-connected centerpiece for Tokyo.
We aim to accelerate the gathering and interaction of people, goods, and concepts to make the district into a stage for the transmission of new value.
Riverside mixed-use development
We are developing a pedestrian zone along the bank of the Nihonbashi River where people can enjoy abundant space, water, and greenery. The goal is to create a new Tokyo landmark where people visiting for a variety of purposes, including shopping, sightseeing, and business, will generate a lively atmosphere.
*The image above is a projection and the actual development may differ (current as of August 2019).
A walkable network connecting Nihonbashi and Tokyo Station
The Nihonbashi area will be seamlessly connected to Tokyo Station via a network of paths filled with water and greenery, with a total length of about 1,200 meters and a width of about 100 meters, including the width of the river. These paths will also link to surrounding streets creating a pedestrian zone that makes movement around the Tokyo Station area more convenient.
A water transport network connecting central Tokyo to the waterfront
Nihonbashi will be a water transport hub close to Tokyo Station, right in the heart of the city. It will link to waterfront hubs such as Haneda, Odaiba, Shibaura, Harumi, Toyosu and Asakusa, providing new transportation options for both tourism and everyday life.
*Redevelopment is currently underway. There may be changes in scale and other aspects of the plan going forward.
Life science, aerospace, mobility, and food have been set as new strategic business areas for promoting the creation of industries unique to Nihonbashi.
We will work to develop sites and create opportunities that will generate Nihonbashi-original business and culture, leading to co-creation, as well as provide support for industry growth in terms of both tangible and intangible aspects.
Life Science
The streets of Edo-period Nihonbashi were once lined with medicine wholesalers and modern Nihonbashi is now being transformed into a hub for life science companies.
We are working create sites and opportunities that will attract a wide range of stakeholders and encourage open innovation.
Aerospace
The aerospace industry is growing rapidly due to the entry of private-sector companies and this is expected to help solve problems on the ground. We aim to create new value centered on government-industry-academia partnerships.
Mobility
Given its history as a hub for both overland and over-water travel, its mixed-used functionality that combines work, life, and play, and its waterway transport network, Nihonbashi is the perfect place to explore new forms of mobility and urban development. We aim to provide new urban services.
Food
Edo’s rich culinary culture flourished in Nihonbashi, centered around riverside fish market. We will strive to both carry on and rejuvenate the district’s food culture by establishing spaces for innovation that will attract a range of stakeholders from government, industry and academia and by promoting collaborations with long-standing eateries.
The redevelopment of Nihonbashi has created halls, conference spaces, and open spaces which we are using in coordination with public spaces, such as roads, to realize a seamlessly integrated district.
We aim to leverage the variety of unique venues and services offered by Nihonbashi, including cutting-edge urban functions, distinctive history, culture, and community, shrines and forests, and a water transportation network, to hold international events that will enliven the entire district.
Nihonbashi Mitsui Hall
Muromachi Mitsui Hall & Conference
Naka-dori
Fukutoku Garden
COREDO Muromachi Terrace Oyane Hiroba
Meijiza
Nihonbashi Muromachi Mitsui Tower
A large-scale complex comprising offices, stores, public spaces and a hall that was the flagship project of Stage 2 of the Nihonbashi Revitalization Plan.
COREDO Muromachi Terrace
A collection of 31 stores offering top class products, foods, and services from both Japan and overseas based on the concept of "a place to spend valuable time."
OVOL Nihonbashi Building
A complex comprising 15 above ground and three below ground floors that house offices, a hotel, and stores, developed in partnership with Japan Pulp and Paper Co., Ltd.
Nihonbashi Mitsui Tower
A high-rise building comprising 39 above ground and four below ground floors constructed based on the concept of continuing the history and culture of the Mitsui Main Building, that was completed in 1929, while also redeveloping the Nihonbashi district.
Fukutoku Jinja Shrine
Fukutoku Jinja Shrine has stood in its current location since at least the Jogan period (859-876). We renovated this well-loved shrine which has protected the Nihonbashi area since ancient times.
Nihonbashi Astellas Mitsui Building
An 87-meter tall complex developed in partnership with Astellas Pharma Inc., with 17 above ground and two below ground floors containing offices and stores.
Nihonbashi is home to many pharmaceutical companies and this building now houses the Astellas head office.
COREDO Muromachi1
It provides visitors with foods from across Japan and carefully selected products and also houses Nihonbashi Mitsui Hall, Nihonbashi's largest multi-purpose hall. It has contributed to further enlivening the district.
COREDO Muromachi2
COREDO Muromachi 2 brings Nihonbashi its first cutting edge cinema complex and also houses long-standing stores with over 100 years of history.
COREDO Muromachi3
COREDO Muromachi 3 offers high quality lifestyle proposals centered on the concept of "food and living."
In addition to lifestyle-focused stores that handle everyday necessities and fashion accessories, it also provides food and drink options such as cafes and bars where visitors can stop in while shopping.
COREDO Nihonbashi
The Nihonbashi Revitalization Plan's pioneering commercial facility. It combines tradition with modern sensibilities to propose new products and services.
Nihonbashi Takashimaya Mitsui Building
A large-scale complex comprising 32 above ground and five below ground floors containing offices and commercial facilities. It connects directly to the neighboring Nihonbashi Takashimaya S.C. Main Building to realize a rooftop garden about 6,000㎡ in size, the largest in Tokyo.
Users can also move between the buildings through connecting passageways.
Nihonbashi Murohon Building 1-5
Nihonbashi Murohon Building was developed to enliven and promote the beautification of Nihonbashi's Muromachi 1-chome and Honmachi 1-chome area by preserving the atmospheric townscape of historic stores and alleyways while also providing spaces to attract new stores, restaurants, and venture companies.
Flatto
A collection of community spaces that can be used for a wide range of purposes, including taking lunch in the lounge space, attending lessons and events held in the studio, or renting the kitchen to hold a party with friends. It also hosts events that help to build a bigger community in Nihonbashi.
Nihonbashi Life Science Building
The headquarters of LINK-J, a platform for creating new industries in the life science field. It provides serviced offices, rental offices, conference rooms, and other facilities that can be used by life science business operators.
Nihonbashi Life Science Hub
Located on the eighth floor of COREDO Muromachi 3 with direct access from Mitsukoshimae Station. This 300-person capacity conference room can be used for a variety of purposes.
Aerospace Industry Hub X-NIHONBASHI
A hub for aerospace businesses developed through an aerospace innovation partnership with JAXA. It is used to hold over 200 events and conferences per year.
X-NIHONBASHI TOWER
An aerospace business hub created within Nihonbashi Mitsui Tower. It provides offices, a 150-person capacity conference room and coworking space, and a studio equipped with livestreaming technology.
LIVING
How our businesses are operated with people's lifestyles in mind, with a focus on "live," "work," and "enjoy."
CITY
We create places where people can gather to enliven the local area and generate something new. Our goal is to realize future-focused neighborhoods that get better with age.
ORGANIZATION
The departments and divisions responsible for providing solutions and services in a wide range of business areas, including office buildings, commercial facilities, hotels and resorts, logistics, and housing.
