Chapter 3 Development
1958
1988
Section 1. Expanding the Building Management Business
7. The Completion of the Uchisaiwaicho Daibiru Building
Our company had been operating a prefabricated seven-story, eight-level self-propelled parking garage attached to the Hibiya Daibiru Buildings, but it ceased operation on October 31, 1979 and was to be dismantled and removed. The company considered constructing an office building in order to use the property effectively due to its location in the heart of Tokyo, but because the property was small (631 m2), we developed a plan to build an office building on that property combined with an adjacent property.
In June 1979, we arrived at a deal with Kokusai Denshin Denwa Co., Ltd. (now KDDI Corporation) for constructing a jointly owned office building that combined our property with their adjacent property 297 m2 in size. A neighboring organization, Shineikai, also decided to participate in the project. On March 31, 1980, a construction project got underway on a site with a total area of 1,104 m2.
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The Uchisaiwaicho Daibiru Building at the time of its completion
A committee called the Three-Party Joint Building Construction Preparation Committee (later renamed the Three-Party Joint Building Construction Committee once construction was fully underway) was established. Murano & Mori Architects was commissioned to design the building, and Kajima Corporation was commissioned for the construction by special order. The groundbreaking ceremony took place on May 11, 1981.
The Uchisaiwaicho Daibiru Building, completed on January 31, 1983, was the first joint project for our company. The underground part of the building used steel-frame reinforced concrete construction, while the aboveground portion used steel-frame construction. A special construction technique was used to fill the insides of the pillars with concrete to increase earthquake resistance. The building had nine aboveground floors, two underground floors, and one penthouse floor. Its exterior consisted of an aluminum panel curtain wall with natural silver tones and bright colors for an innovative look.
The Uchisaiwaicho Daibiru Building was a joint venture between our company and two others—Kokusai Denshin Denwa and Shineikai—that all had different types of businesses. Our ownership stake was 67.198%, Kokusai Denshin Denwa’s was 26.125%, and Shineikai’s was 6.677%. (We acquired KDDI’s stake on November 29, 2002.)
The building was impacted by the recession and struggled with an occupancy rate of 28% when it opened, but by June 1983, five months later, it was fully occupied due to hard work put into attracting tenants.
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1923 1944 Beginnings
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Section 2. Launching a Building Management Business
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Section 4. Business Development in Wartime
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1945 1957 Reconstruction
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Section 2. Our Buildings Reopen
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1958 1988 Development
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Section 1. Expanding the Building Management Business
- 1. The End of the Requisition of the Hibiya Daibiru Buildings
- 2. Upgrading the Facilities of the Daibiru Buildings and Damage Caused by the 2nd Muroto Typhoon
- 3. The Completion of the North Wing of the Shin-Daibiru Building
- 4. The Completion of the Yaesu Daibiru Building
- 5. The Acquisition of the Midosuji Daibiru Building
- 6. The Completion of the Kojimachi Daibiru Building
- 7. The Completion of the Uchisaiwaicho Daibiru Building
- 8. The Completion of the Dojima Daibiru Building
- 9. The Completion of the Awajimachi Daibiru Building
- 10. The Completion of the Mita-Nitto Daibiru Building
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Section 2. Expanding the Business Through M&A
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1989 2003 Expansion (1989–2003)
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Section 1. Creating New Urban Spaces
- 1. The Bubble Economy and Daibiru
- 2. The Hibiya Daibiru Rebuilding Project
- 3. The Completion of the Rebuild
- 4. The Start and Execution of Renovation Plans
- 5. The Completion of the Kita-Umeda Daibiru Building
- 6. The Completion of the Yodoyabashi Daibiru Building
- 7. The Completion of the Estate Tosabori Building
- 8. The Completion of the Umeda Daibiru Building
- 9. The Completion of Violette Takarazuka
- 10. The Shinjuku Daibiru Building and Shiba Daibiru Building Acquisitions
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Section 2. The Development of a New Corporate Identity and a Name Change
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Section 3. Disaster Preparedness and Risk Management
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2004 2023 Transformation (2004–2023)
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Section 1. Becoming a Consolidated Subsidiary of Mitsui O.S.K. Lines and Promoting Management Plans
- 1. Becoming a Consolidated Subsidiary of Mitsui O.S.K. Lines
- 2. Concentrating Investment in the Tokyo Area
- 3. Expanding into Other Countries and Japanese Regions
- 4. Establishing Daibiru 3D-Project Phase I, a Medium-Term Management Plan
- 5. Establishing Our Management Philosophy and Mission Statement
- 6. Establishing Daibiru-3D Project Phase II, a New Medium-Term Management Plan
- 7. Ongoing Establishment of New Medium-Term Management Plans
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Section 2. Expanding Our Business
- 1. The Akihabara Station Redevelopment Project and the Completion of the Akihabara Daibiru Building
- 2. The Acquisition of the Toranomon Daibiru Building
- 3. The 3 Nakanoshima Joint Development Project and the Completion of the Nakanoshima Daibiru Building
- 4. The Completion of the Tosabori Daibiru Building
- 5. The Acquisition of Aoyama Rise Square
- 6. The 3 Nakanoshima Joint Development Project and the Completion of the Daibiru-Honkan Building
- 7. Rebuilding the Shin-Daibiru Building
- 8. Renovation Work
- 9. Multiple Awards
- 10. Delving into Commercial Facilities
- 11. Acquiring a Partial Interest in the Seavans South Building
- 12. Expansion to Sapporo
- 13. Selling Seven Residential Properties
- 14. Starting the Rebuild of the Midosuji Daibiru Building
- 15. Starting the Rebuild of the Yaesu Daibiru Building
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Section 3. Overseas Business Expansion
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Section 4. Further Strengthening of the Corporate Structure and Group Reorganization
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Section 5. Harmonious Coexistence with Society
- 1. Developing a Compliance System
- 2. Developing an Internal Control System
- 3. Risk Management Measures
- 4. Sustainability Initiatives
- 5. Social Contribution and Cultural Support Initiatives
- 6. Environmental Initiatives
- 7. Working Style Reform Initiatives
- 8. Launching the Brand Development Project
- 9. Launching the Head Office Renovation Project
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Section 6. Toward Our 100th Anniversary and Beyond
- 1. Becoming a Full Subsidiary of Mitsui O.S.K. Lines
- 2. Acquiring a Partial Interest in Otemachi First Square
- 3. Acquiring a Partial Interest in the Otemon Tower / ENEOS Building
- 4. Investment in an SPC for Logistics Facilities in the Nishinomiya Area
- 5. Project Participation in the United States
- 6. Project Development in Melbourne, Australia
- 7. Formulation of a New Medium- and Long-Term Management Plan
- 8. Implementing 100th Anniversary Projects
- 9. For Future Generations
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