Key facts
- Mori Building is partnering with SL Green Realty Corp. for its first U.S. development project.
- The project is an office tower located at 346 Madison Avenue in Midtown Manhattan.
- The tower will be 46 stories tall.
- The total area of the office tower will be 850,000 square feet.
- The development aims to create a new landmark.
- The project is expected to be completed in 2031.
Mori Building, a prominent Japanese real estate developer, is set to undertake its inaugural development project in the United States through a collaboration with SL Green Realty Corp. The partnership will focus on constructing a new office tower at 346 Madison Avenue in Midtown Manhattan. This ambitious project involves a 46-story building designed to encompass 850,000 square feet of office space.
The development aims to create a significant new landmark in New York City, drawing upon the distinct expertise and experience of both Mori Building and SL Green Realty Corp. The strategic location in Midtown Manhattan positions the tower to be a central business hub.
Construction for the 346 Madison Avenue project is projected to be completed by 2031. This venture marks a significant expansion for Mori Building into the competitive U.S. real estate market, particularly in a prime location like Manhattan.