Yasuda Real Estate Breaks Ground on Office Building in Nishi-Shimbashi, Minato Ward
Yasuda Real Estate broke ground on March 2, 2026, on the “(Tentative) Minato-ku Nishi-Shimbashi 2-5 Project,” an office building development in Nishi-Shimbashi 2-chome, Minato Ward, Tokyo. Completion is scheduled for the end of June 2028.
The site is located within a 10-minute walk of Shimbashi, Toranomon, Toranomon Hills, Uchisaiwaicho, and Kasumigaseki stations, and fronts Karasumori-dori Avenue. The 14-story building will have a gross floor area of approximately 3,609 tsubo (approx. 119,306 sq. ft.). Office space will occupy floors 2 through 14, with a typical floor plate of approximately 210 tsubo (approx. 6,942 sq. ft.), while the ground floor will include retail space facing Karasumori-dori Avenue and a tenant-only lounge. The project is planned to obtain a “ZEB Oriented” certification under BELS and is positioned as an environmentally conscious next-generation office building.
The project stands in an area expected to benefit from major redevelopment underway in the Toranomon and Shimbashi districts. In the Toranomon area, Toranomon Alcea Tower, a 38-story building with approximately 33,500 tsubo of office floor area, was completed in February 2025, and major companies are increasingly concentrating there, including SOMPO Holdings, which leased about 2,000 tsubo. In adjacent Uchisaiwaicho 1-chome, one of the largest urban redevelopment projects in central Tokyo is also underway, including the rebuilding of the Imperial Hotel, with total gross floor area of about 1.1 million sq. m. and phased completion scheduled from fiscal 2028 through fiscal 2030.
This project is a mid-sized office development with a typical floor plate of about 210 tsubo (approx. 6,942 sq. ft.), and appears intended to capture tenant demand in a size segment different from the surrounding mega-scale buildings. As the broader area continues to develop into an international business hub, attention will focus on the property’s competitiveness as a mid-sized, high-spec office building.
Area Redevelopment Schedule
Project Name | Developer | Completion | Gross Floor Area |
Toranomon Alcea Tower | Nippon Steel Kowa Real Estate and others | February 2025 | Approx. 33,500 tsubo (approx. 1,107,750 sq. ft.) |
Toranogate (Toranomon 1-chome East District) | Chuo-Nippon Land & Building and others | October 2027 | Approx. 36,300 tsubo (approx. 1,200,690 sq. ft.) |
(Tentative) Minato-ku Nishi-Shimbashi 2-5 Project | Yasuda Real Estate | End of June 2028 | Approx. 3,609 tsubo (approx. 119,306 sq. ft.) |
Uchisaiwaicho 1-chome South Tower | Mitsui Fudosan and others | Fiscal 2028 | — |
Uchisaiwaicho 1-chome Central Tower | Mitsui Fudosan and others | February 2029 | — |
Uchisaiwaicho 1-chome North Tower | Mitsui Fudosan and others | Fiscal 2030 | — |
Key Facts
Property Name: (Tentative) Minato-ku Nishi-Shimbashi 2-5 Project
Developer: Yasuda Real Estate Co., Ltd.
Location: 12-1 to 7, 9 to 16, Nishi-Shimbashi 2-chome, Minato Ward, Tokyo (lot numbers)
Nearest Stations: JR and Tokyo Metro Shimbashi Station, Tokyo Metro Toranomon Station, and others, all within a 10-minute walk
Construction Start: March 2, 2026
Completion: End of June 2028
Move-in: July 2028 (planned)
Number of Floors: 14F / B1
Structure: Steel structure (partially steel-reinforced concrete structure)
Site Area: Approx. 482 tsubo (approx. 15,947 sq. ft.)
Gross Floor Area: Approx. 3,609 tsubo (approx. 119,306 sq. ft.)
Leasable Area: Total office leasable area approx. 2,385 tsubo (approx. 78,843 sq. ft.); typical office floor area approx. 210 tsubo (approx. 6,942 sq. ft.)
Use: Retail, office
Architect / Supervisor: Kume Sekkei Co., Ltd.
Contractor: Penta-Ocean Construction Co., Ltd.