A 200-meter-tall tower named "JP Tower" was completed Thursday at the site of the landmark central post office building next to the Tokyo railway station, following a suspension of the project due to a government objection based on the building's heritage value.
The 38-story tower, developed jointly by Japan Post Holdings Co., East Japan Railway Co. and Mitsubishi Estate Co., houses the new Tokyo Central Post Office and the headquarters of the Japan Post Bank Co. with their operations set to start on July 17.
Commercial facilities, an international convention hall and business and tourist centers are also expected to occupy the building by the spring of 2013, when it plans to open on a full scale. The tower also has four stories below ground.
Japan Post, an entity wholly owned by the government, will draw revenue from tenants moving into the new building.
The tower's completion was delayed from the initially planned March 2012, after then Internal Affairs and Communications Minister Kunio Hatoyama objected to the plan in 2009, saying that more of the old post office building should be preserved in light of its value as a cultural asset.
Japan Post then revised the plan, eyeing to preserve about 30 percent of the property. It will aim to register the tower as the country's cultural property.