Midtown Tower ( ミッドタウンタワー , Middotaun tawā ) is a mixed-use skyscraper in Akasaka , Minato , Tokyo , Japan. Completed in 2007, it is the tallest of the six buildings within the Tokyo Midtown complex, at 248.1 meters (814 ft), and was the tallest building in Tokyo until 2014.
21-582: Located at the center of the Tokyo Midtown development, Midtown Tower is the tallest of the six buildings located within the complex. At 248.1 meters (814 ft), it was the tallest building in Tokyo from the completion of primary construction in January 2007 until the completion of Toranomon Hills in 2014. Its official grand opening was on March 31, 2007, though the offices had been open since February. The building
42-652: A Japanese asset manager. The company also acquired a 15% stake in Cathie Wood 's firm ARK Invest . Shibata stepped down as president and CEO after six years with the company in March 2019. In 2019, Sumitomo Mitsui Trust Holdings announced that it would make Nikko Asset Management a directly owned subsidiary through a dividend in kind transaction. It was previously held through the Sumitomo Trust and Banking Co which acquired Nikko from Citigroup in 2009. In February 2022, it
63-401: A cost of $ 4.6 billion to take full control of the company. Two years later, Citigroup sold its stake to Sumitomo Trust and Banking Co, a subsidiary of Sumitomo Mitsui Trust Holdings , in a $ 1.2 billion deal as it retreated from Japan. In June 2013, Nikko announced that Shibata Takumi would become chairman starting July 2013 succeeding Charles Beazley. He took over as president and CEO of
84-1173: A direct subsidiary since 2019. Nikko Asset Management traces its roots to the Nikko Securities Investment Trust and Management Co., Ltd. founded in December 1959 opening its office in Tokyo . The company launched its first fund, the Nikko Bond Fund, in 1961. In 1981, Nikko International Capital Management Co., Ltd. was founded, also opening an office in Tokyo. In 1984, Nikko Securities Investment Trust and Management Co. opened an overseas office in New York City while Nikko International Capital Management Co. opened an office in London . Nikko Securities Investment Trust and Management Co. would also open an office in London in 1987 while Nikko International Capital Management Co. opened an office in Singapore
105-707: A hand-sanded steel roof (whose design was inspired by Issey Miyake's A-POC ("A Piece of Cloth") concept) and 14-meter (46 ft) long glass panels. The site of Tokyo Midtown was the home of the Mōri clan during the Edo period . In 1873 the Imperial Japanese Army established a camp on the site, which became home to units of the 1st Division following the Russo-Japanese War . In 1946, the United States Army took over
126-523: A large-scale relocation of various government agencies in order to re-develop prime government land for commercial purposes. As part of this plan, it was decided in the 1990s to move the JDA headquarters and re-develop the site. The base was formally closed in May 2000 and its functions were relocated to Ichigaya . A consortium of developers including Mitsui Fudosan , Sekisui House , and several life insurance companies won
147-467: A medical clinic affiliated with the U.S. -based Johns Hopkins Hospital . The luxury 250-room Ritz-Carlton Hotel occupies the 47th through 53rd floors of Midtown Tower, their first hotel in Tokyo, under a long-term lease arrangement. Other tenants include the international law firms Milbank, Tweed, Hadley & McCloy and Herbert Smith LLP . The 5-floor retail Galleria, with 73,000 square meters (786,000 sq ft) of stores, restaurants and shops includes
168-530: A place for researching the potentiality of design as an element that enriches our daily life, a place that fosters the public's interest in design by arousing in them different sights and perspectives on how we can view the world and the objects surrounding us." The building, designed by Ando, is on the edge of the park area, and features 1,700 square meters (18,300 sq ft) of floor space, including two galleries and an attached cafe run by chef and restaurateur Takamasa Uetake . The split-level concrete structure includes
189-407: A public tender to purchase the site, paving the way for its development as Tokyo Midtown. Construction began in 2004 and was completed in 2007. 35°39′57″N 139°43′52″E / 35.66583°N 139.73111°E / 35.66583; 139.73111 Nikko Asset Management Nikko Asset Management ( Japanese : 日興アセットマネジメント ) is a Japanese multinational investment company . It
210-415: Is located on the 6th floor. This medical facility is the first Japan-based collaboration with Johns Hopkins University . Unlike similar supertall skyscrapers in the area such as Roppongi Hills Mori Tower , Midtown Tower's top 54th floor is not a visitors' observation deck but rather houses building components and maintenance facilities. Floors 7 to 44 are designated as commercial office space and house
231-462: Is one of the largest asset managers globally with about $ 220 billion under management as of December 2023. Currently Japan's third largest manager, Nikko aims to grow its funds under management to $ 415 billion by 2032. The company was formed by the merger of Nikko Securities Investment Trust and Management and Nikko International Capital Management in 1999. It has been a subsidiary of Sumitomo Mitsui Trust Holdings since 2009 and has been managed as
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#1732851342130252-560: The Japan Defense Agency in Akasaka area of Minato , along Gaien Higashi and close to Roppongi Station , and less than a kilometer (half a mile) from the similarly scaled Roppongi Hills complex. The primary developer was Mitsui Fudosan , working in concert with several partners. The project was designed by architectural firm Skidmore, Owings & Merrill ; Nikken Sekkei is the local architect of record. Landscape architecture of
273-546: The $ 3 billion (¥370 billion) project includes office, residential, commercial, hotel, and leisure space, and the new quarters of the Suntory Museum of Art . When completed, the Midtown Tower was the tallest building in Tokyo. The main building complex is surrounded by Hinokicho Park, a 10 acre public park containing green areas along with works of art. The site takes up 78,000 square meters (19.4 acres) previously occupied by
294-451: The building's lobby, that, along with the second and third floors, is utilized by the hotel. The Ritz-Carlton Suite, billed at US$ 26,300 per night, was listed at number 9 on World's 15 most expensive hotel suites compiled by CNN Go in 2012. Tokyo Midtown Tokyo Midtown ( 東京ミッドタウン , Tōkyō Middotaun ) is a 569,000-square-meter (6.1 million sq ft) mixed-use development in Akasaka, Tokyo , Japan. Completed in March 2007,
315-404: The company in January 2014. At the time, Nikko was viewed as preparing to issue an IPO . During his leadership, Nikko focused on courting international investment with multi-asset products, which Shibata believed were attractive to global investors seeking diversified strategies. In 2017, Nikko launched a global robotics fund which raised roughly $ 6 billion USD and was the first of its kind from
336-486: The first Terence Conran restaurants in Japan, a wine bar (Coppola's Vinoteca) showcasing the wines of Francis Ford Coppola , and an outlet of high-end American food retailer Dean & DeLuca . Tokyo Midtown is also the home of 21 21 Design Sight , a design gallery/workshop created by fashion designer Issey Miyake and architect Tadao Ando . "The idea was to create not only a museum that shows exhibits," says Ando, "but also
357-435: The following year and Nikko Securities Investment Trust and Management Co. would open a Singapore office in 1990. In 1999, the companies merged to form Nikko Asset Management . In 2007, Citigroup acquired 61% of Nikko Asset Management for $ 7.7 billion to take majority control in what was the largest foreign buyout ever of a Japanese company. Citigroup attempted to buy out the remaining shares of Nikko later that year at
378-413: The offices of (among others): Floors 45 to 53 are home to Japan's second Ritz-Carlton hotel – the 247-room Ritz-Carlton Tokyo. The hotel offers many notable features including Japan’s most expensive Presidential Suite, available for $ 20,000 per night, and an "authentic" 200-year-old Japanese tearoom . Four works measuring 8.1 meters (27 ft) in height by American painter Sam Francis appear in
399-520: The site and it was re-purposed as officer housing. The site was returned to Japan in 1960 and became known as Camp Hinokicho ( JGSDF parlance) and Hinokicho Air Base ( JASDF parlance), housing the headquarters of the Japan Defense Agency and various other command and control functions for the Japan Self-Defense Forces for the next forty years. In 1988, the Japanese government authorized
420-523: The surrounding new 40,000 m (10 acre) public park was designed by EDAW , the Suntory Museum of Art by Kengo Kuma , and the design of the retail Galleria handled by the Colorado -based CommArts . The 330,000 square meters (3.5 million square feet) of office space includes as its main tenants Fujifilm , Fuji Xerox , Yahoo! Japan , Cisco Japan , Uniqlo , Nikko Asset Management and Konami , as well as
441-610: Was designed by Chicago-based architectural firm Skidmore, Owings and Merrill with help from Nikken Sekkei Ltd. and built by the Takenaka and Taisei Corporations . As a mixed-use facility, Midtown Tower's 54 floors are utilized in different ways. Several conference rooms occupy the entirety of the 4th floor. The 5th floor is the home of the Tokyo Midtown Design Hub, a gallery and space for exhibitions, collaborations and discussions by designers. Tokyo Midtown Medical Center
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