Constructed by building tycoon Minoru Mori, the mega-complex incorporates office space, apartments, shops, restaurants, cafes, movie theatres, a museum, a hotel, a major TV studio, an outdoor amphitheatre, and a few parks.
Mori's stated vision was to build an integrated development where high-rise inner-urban communities allow people to live, work, play, and shop in proximity to eliminate commuting time.
[4][5] Mori Tower is a 54-story high-rise building designed by Kohn Pedersen Fox that houses an art museum, restaurants, cafes, clinics, stores, as well as the offices of Allen & Overy, Barclays Capital, Ferrari Japan, Goldman Sachs, J-WAVE, Konami, Time Inc., Chevron, BASF, Lenovo, Mercari, Baidu, GREE, BP, SAS Institute and Google.
Behind the Mori Tower lies the Keyakizaka Street, famous for its night illumination of 1.2 million shining LEDs that begin in mid-November and run until Christmas Day.
The exhibition was opened by the President of the Federal Republic of Germany, Horst Köhler, together with the Prime Minister of Japan, Junichiro Koizumi.
[17][18] Henry Hilton of the Japan Today news aggregator website criticised the development when he argued: Yet the truth is that the crowds are unlikely to return once they have been exhausted by the charade of inconvenient walkways that appear almost intentionally to confuse all but those with perfect map navigational skills.
Goldman Sachs & Co., the project's anchor tenant, attracted deep discounts in rental prices because of the large amount of space it occupies.
Japan's sluggish economy, staff cuts by foreign companies, and the flow of new office space have put downward pressure on rents.