Mixed-Use 20-Story Building Opens in Tokyo

Office space for ten of the building's floors has already been leased.

08 July 2020 | Tokyo, Japan

On June 19, the 20-story mixed-use redevelopment of Aoyoma Bell Commons reached completion. The 90-meter tall building, named the Argyle Aoyoma included office, hotel, and retail functions.

The office space on floors 5 to 15 is already fully leased. One of the office tenants, WeWork, is leasing four floors. Restaurants and retail on the first and second floors opened on 1 July 2020. Tenants included TEAPOND and Paul Stuart. Floors 3, 4, and 16 through 20 will contain the 24-room THE AOYAMA GRAND HOTEL, operated by Plan Do See, and scheduled to open in August 2020. Rooms range in size from 32 - 61 square meters, while nightly room rates will range from ¥60,000 - ¥120,000. The top floor will have a rooftop restaurant and bar.

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Argyle Aoyama

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Mitsubishi Jisho Sekkei Inc

Mitsubishi acquired the former Aoyama Bell Commons building and land in 2015. A floor-area ratio allowance was granted to the project, increasing the FAR from 675 percent to 850 percent.

For more on this story, go to Japan Property Central.