Posted by simon c on 2008 March 28日 Friday
An interesting look at Minoru Mori, the Tokyo real estate mogul and developer, on the New York Times.
Even in a region where some builders churn out skyscrapers in a way that products might come off an assembly line, Mr. Mori’s have stood out. His projects have won attention and their share of controversy for their great impact and scale, helping make him one of the few real estate investors in Asia known by name, like the Hong Kong billionaires Stanley Ho and Li Ka-shing.
By focusing on a few long-term projects, and shunning speculative buying and selling, his company escaped the real estate bubble of the 1980s and its collapse soon thereafter.
Still, Mr. Mori seeks to reach higher. Of his 10 new complexes, he said one might include a skyscraper nearly 1,100 feet high. Some of the complexes are already in the planning stages, while others may be built by different developers with Mori Building’s help, he said.
Wonder if the building containing my friend’s bar in central Shibuya that’s being torn down in 3 years time (and buildings around it too, if I remember correctly) is a part of one of his 10 projects in Tokyo.