Page 49 - May #172

Harbourside Shopping Centre
Sydney, Australia
Developer: Mirvac Group
Sydney Tokyo
The state capital of New South Wales and the most populous city in Born of commerce and complexity, Tokyo is the very definition of a
Australia and Oceania, Sydney is located on Australia’s east coast, the metropolis. Twenty-three wards, 39 municipalities, and 13.6 million people
metropolis surrounds the world’s largest natural harbour, and sprawls towards join to form Japan’s capital. Include the three surrounding prefectures
the Blue Mountains to the west. A retail hotspot, new entrants to the market of Kanagawa, Saitama and Chiba, and you have a population base that
include Oroton, Country Road, Witchery, Sportsgirl, Microsoft, Apple, Event exceeds 36 million people. New retailers at this global metropolis include
Cinemas, Rebel Sport, Tommy Bahama, Miu Miu, Tony Bianco, Zimmermann, Dior, Apple, Bottega Veneta, Cartier, Mikimoto, Diesel, Van Cleef &
Calibre, Scotch and Soda, The North Face and Thomas Sabo to name just Arpels, Max Mara, Forever 21, Paul Stewart, Fendi, Snow Peak, New
a few. Balance and Columbia.
The Harbourside Shopping Centre at Darling Harbour in Sydney, Australia, The large-scale redevelopment of Tokyo Tokiwabashi by Mitsubishi
is proposed to be redeveloped by the property owner, investment firm Mirvac Estate Co in the Tokiwabashi District in front of Tokyo station covers an
Group. The redevelopment project was approved by the New South Wales area of 3.1ha and will be the largest project in the vicinity. This project
Government’s Independent Planning Commission in June 2021. The shopping entails the development of a 390m super-high-rise tower (Building B)
centre has been in existence since 1988 and is currently outdated. Set to be built that will become a new landmark for Tokyo, and a plaza of approximately
in stages, the redevelopment project is anticipated to involve an investment of 7,000sq m to support the area as a busy global centre. The project
$518M. The plan comprises the demolition of the existing shopping centre comprises four buildings of 140,000sq m, 490,000sq m, 20,000sq m and
to create a new 87,000sq m mixed-use development including a new retail 30,000sq m, providing a mix of offices, retail and parking. The opening
shopping centre, a residential tower, and significant enhancements to the public dates for this project are spread between 2021 and 2027.
realm. The Harbourside Shopping Centre’s redevelopment will deliver one of Tokyo Disney Resort is gearing up for the launch of the Fantasy Springs
the most innovative retail, entertainment and tourist destinations in Sydney. expansion, which is due to open at Tokyo DisneySea in 2023. Fantasy
The mixed-use project aims to improve the experience for shoppers and Springs is the eighth port at the Tokyo DisneySea theme park. It features
establish Harbourside as a revitalised retail and residential quarter in the city. three themed areas and attractions based on Disney movies Frozen,
Meanwhile, the Art Gallery of New South Wales is opening its A$344M Tangled and Peter Pan. Covering an area of 140,000sq m, Fantasy Springs
‘Sydney Modern’ expansion on 3 December this year, nearly doubling the will also include a new luxury hotel. The development has received an
museum’s exhibition space. Designed by Japanese architects SANAA, the new investment of $2.2bn from Oriental Land Co (OLC). Each themed land
building is connected to the existing museum by a public art garden. It includes will house attractions, restaurants and immersive spaces. These include
a permanent Aboriginal and Torres Strait Islander gallery. The building features Rapunzel’s Tower (Tangled), Neverland (Peter Pan) and Arendelle Castle
galleries for 21st century art and is home to a vast underground art space for (Frozen). OLC also opened the Tokyo Disney Resort Toy Story Hotel
special commissions and performances, repurposed from a decommissioned on 5 April 2022. Operated by Milial Resort Hotels Co Ltd, the hotel
WWII naval oil tank. The Sydney Modern project will be the most significant immerses guests in Disney and Pixar’s Toy Story films. Upon arrival,
cultural development to open in the city since the Sydney Opera House, with guests will encounter giant Buzz Lightyear and Jessie toys at Slinky Dog
construction of the new building by Richard Crookes Constructions close Park, as well as oversized Woody and Bo Peep action figures at Toy
to completion. Friends Square.

Tokyo Tokiwabashi, Tokyo, Japan
Developer: Mitsubishi Estate Co