Mitsui Fudosan Signs Ascott for Top Floors of YAESU CORE

Oakwood Premier YAESU CORE Tokyo will open in 2029 at YAESU CORE, a redevelopment project at the Yaesu exit of Tokyo Station that Mitsui Fudosan is advancing as a participating association member. Mitsui Fudosan Residential and Ascott have agreed on Ascott's occupancy. It will be the fifth joint project in Japan between Ascott and the Mitsui Fudosan Group.
The hotel will occupy floors 40 through 43, the highest floors of YAESU CORE. It will have 184 guest rooms in four types, ranging from Studio to 3BED, with workspaces, kitchens and washing machines to accommodate long-term stays. The 40th floor, which will serve as the lobby floor, will house a lounge, a restaurant and a fitness room, and the restaurant will also be open to non-guests.
YAESU CORE is the facility name for the Yaesu 2-Chome Central District Category 1 Urban Redevelopment Project, in which Mitsui Fudosan, Kajima Corp., Sumitomo Realty & Development, the Urban Renaissance Agency and Hankyu Hanshin Properties are participating as association members. It will house offices, retail facilities, a theater and a bus terminal, among other uses, and is scheduled for completion at the end of January 2029.
Redevelopment around Tokyo Station continues to attract luxury hotels. In Tokyo Midtown Yaesu, also in Yaesu 2-chome, Bulgari Hotel Tokyo opened on floors 40 through 45 in April 2023. In Torch Tower, Dorchester Collection is scheduled to open on floors 53 through 58 in fiscal 2028, marking its first entry into Asia.
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Key Facts
- Hotel Overview
- Hotel Name: Oakwood Premier YAESU CORE Tokyo
- Operator: The Ascott Limited (Japan operating company: Ascott Japan Co., Ltd.)
- Floors: 40F-43F
- Number of Guest Rooms: 184
- Room Types: Studio / 1BED / 2BED / 3BED
- Room Size: Approximately 30 sq. m (approx. 300 sq. ft.) to approximately 170 sq. m (approx. 1,800 sq. ft.)
- Shared Facilities: Lounge / Restaurant / Fitness room
- Opening: 2029 (scheduled)
- Redevelopment Project Overview
- Project Name: YAESU CORE
- Project Title: Yaesu 2-Chome Central District Category 1 Urban Redevelopment Project
- Implementing Body: Yaesu 2-Chome Central District Urban Redevelopment Association
- Location: Yaesu 2-chome 4-7, Chuo-ku, Tokyo
- Nearest Station(s): Three-minute walk from Tokyo Station on the JR lines (direct underground connection) / Two-minute walk from Kyobashi Station on the Tokyo Metro Ginza Line (direct underground connection)
- Completion: End of January 2029 (scheduled)
- Number of Floors: 43F / B3
- Use: Office / Retail / Theater / Hotel & serviced residences / International school / Bus terminal / Parking, among others
- Area: Site area of approximately 5,917 tsubo (approx. 210,500 sq. ft.) / Gross Floor Area of approximately 117,760 tsubo (approx. 4,190,300 sq. ft.) / Typical floor plate of approximately 1,914 tsubo (approx. 68,100 sq. ft.)