Japan’s tallest tower project will include Aman Resorts luxury residences

Units could top $40M each at Mori Building Company’s Tokyo skyscraper

National /
Feb.February 27, 2021 09:00 AM
Aman CEO Vladislav Doronin and the upcoming towers. (Getty, DBOXCG)

Aman CEO Vladislav Doronin and the upcoming towers. (Getty, DBOXCG)

 

A Tokyo skyscraper under construction and set to become the tallest tower in Japan will include Aman Resorts-branded luxury residences that could top $40 million each.

Mori Building Company’s 1,082-foot-tall tower in Minato Ward will have 91 units on floors 54 through 64, according to the Japan Times.

The residences will be operated by luxury hotel company Aman Resorts and called the Aman Residences, Tokyo.

Branded residences have grown in popularity over the last several years, with some major firms making plays in the space. As of late 2019, more than 400 residential projects worldwide were branded in some way. Four Seasons launched into standalone branded condo projects that year.

In the U.S., Vladislav Doronin’s Aman Resorts has also partnered with Access Industries on a hotel and condo project in the works in Miami.

For the Tokyo project, Mori Building Co. hasn’t disclosed the name of the tower but services will include a residents-only spa, among other amenities. One unit could cost at least several billion yen — in the $40 million to $50 million range — according to the report.

But Mori Building Co.’s tower may not be the tallest in Japan for long. Real estate firm Mitsubishi Estate is planning a 1,279-foot-tall skyscraper in Toyko’s Tokiwabashi district. The firm announced that project in 2016 but only last year revealed details.

[JT] — Dennis Lynch


Related Articles

arrow_forward_ios
Is the great Chinese Fannie and Freddie selloff finally over?
Is the great Chinese Fannie and Freddie selloff finally over?
Is the great Chinese Fannie and Freddie selloff finally over?
Plans for mile-high skyscraper unveiled in Japan
Plans for mile-high skyscraper unveiled in Japan
Plans for mile-high skyscraper unveiled in Japan
Shiller weighs in on impact of Japan’s earthquake on the global recovery
Shiller weighs in on impact of Japan’s earthquake on the global recovery
Shiller weighs in on impact of Japan’s earthquake on the global recovery
John Ruiz sells waterfront Coral Gables mansion for $14M
John Ruiz sells waterfront Coral Gables mansion for $14M
John Ruiz sells waterfront Coral Gables mansion for $14M
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
I’ll take it: David Martin sells waterfront Miami Beach home to his listing agent
From left to right: David Edelstein, Nick Perez, Alex Karakhanian, Scott Sherman and Ben Mandell with the location (Google Maps, Related, Getty)
David Edelstein, Related and partners plan resi project on former RedSky property in Wynwood
David Edelstein, Related and partners plan resi project on former RedSky property in Wynwood
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
Developer Jeff Greene and Dalfen Industrial CEO Murray Dalfen with the complex at 1501 Meathe Drive (Dalfen, CBRE)
Billionaire Jeff Greene sells West Palm Beach industrial complex for $61M
Billionaire Jeff Greene sells West Palm Beach industrial complex for $61M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...