PARK-PFI
Parks, from both the rules and the business.
The basics of Park-PFI, how a tender runs, preparing a proposal, the operating questions, and real cases.
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Sapporo Yurigahara Park Park-PFI LiLiLi — Sapporo's First Case, Community-Led SPV Park Operation
Yurigahara Park in Kita Ward, Sapporo opened the park interaction facility 'LiLiLi' on October 25, 2025 as Sapporo City's first Park-PFI (Public Offering Management System) project. It is operated by the special purpose company 'YURIGAHARA PARK FUTURE LAB,' led by the general incorporated association SAPPORO PLACEMAKING LABO with local companies including Marumi Coffee and Soushin Construction—a community-led Park-PFI case.
SENNAN LONG PARK (Sennan Rinku Park) Park-PFI — Three-Party Collaboration: Osaka Prefecture Land + Sennan City Lease + Daiwa Lease
Sennan Rinku Park 'SENNAN LONG PARK' in Sennan City, Osaka is a coastal resort-type Park-PFI where Osaka Prefecture-owned land is leased by Sennan City, with a consortium led by Daiwa Lease developing and operating under Park-PFI. Selected through 2017 competitive public recruitment and opened April 2020 as Kansai's largest recreation + leisure hub.
Yokohama Odori Park Park-PFI (Kannai Station Area 3-Zone Split) — 4-Company Consortium of Mitsui + Tokyu + Keikyu + DeNA
In October 2024, Yokohama City decided the Park-PFI operator for Odori Park Zones 1-3 in front of JR Kannai Station: a 4-company consortium of Mitsui Fudosan + Tokyu + Keikyu Corporation + DeNA. Basic agreement signed in February 2025, completion planned for spring 2027. This article explains the 3-zone split design (rest / vibrancy / interaction) as Yokohama's first large-scale Park-PFI project.
Shizuoka City Johoku Park Park-PFI — From Suspension by Resident Lawsuit to Whole-Park Redevelopment
Shizuoka City introduced Park-PFI at Johoku Park in March 2021, selecting the 'Connecting Park Project' (Tsunagu Park Project) consortium led by Fuji Urban Development as the certified plan submitter. The business scheme featured Starbucks Coffee (café) + Asobicom (all-weather indoor children's play facility), but Starbucks withdrew in April 2022 and a resident lawsuit filed in May 2022 caused temporary suspension. After the judgment was finalized in March 2024, the city pivoted to redeveloping the entire park. This article explains that arc.
Toyama Prefectural Urban Parks Park-PFI Simultaneous 4-Park Offering — Prefecture-Led Business Design
Toyama Prefecture simultaneously implemented Park-PFI public offering in November 2023 for four prefectural parks (Jouganji River Park / Gofuku Park / Iwase Sports Park / Taikoyama Land) and decided operators on February 9, 2024 (Iwase Sports Park received no applications). Explains the prefecture-led business model deploying multiple parks simultaneously under Park-PFI.
Higashi Yuenchi URBAN PICNIC — Kobe Sannomiya Redevelopment and Park-PFI After 8 Years of Citizen-Led Social Experiments
Higashi Yuenchi in Sannomiya, Chuo Ward, Kobe underwent 8 years of citizen-led social experiment 'URBAN PICNIC' from 2015 before Park-PFI (Public Offering Management System) operator selection in 2019 and vibrancy-creation facility opening in April 2023. A 3-party consortium of Murakami Kohmuten, Teehouse Architecture Design Office, and Livable City Initiative implements this institutionalization process.
Tsurumai Park Park-PFI — Nagoya's First Park in 100+ Years of History with Yahagi Jisho 20-Year Contract
Tsurumai Park, opened in 1909 (Meiji 42) as Nagoya City's first designated park, received Park-PFI implementation in April 2022. A 5-company consortium led by Yahagi Jisho serves as the certified plan submitter, with the commercial facility TSURUMA GARDEN opening on May 27, 2023 under a 20-year contract (until March 2042) driving park redevelopment.
Toshima Midori Disaster Prevention Park IKE・SUNPARK — Triple-Integrated Model of Mint Bureau Site + Disaster Park + Park-PFI
Located on the former Mint Bureau Tokyo Branch site (1.7 ha of 3.2 ha total) in Higashi-Ikebukuro, Toshima Ward, IKE・SUNPARK is a triple-integrated model combining UR-led park development, Toshima Ward's Park-PFI (public offering for revenue facilities), and disaster prevention functions. Partially opened in July 2020 and fully opened in December 2020, with the designated manager operated by a joint venture of Hibiya Amenis and NTT Urban Value Support (the broader project team spanning design and construction comprises 4 companies).
Tenjin Central Park West Nakasu Area Park-PFI — Nishitetsu Group and HARENO GARDEN 20-Year Contract
The West Nakasu Area of Tenjin Central Park in Chuo Ward, Fukuoka is a landmark Kyushu case that began operating in August 2019 under Park-PFI (Public Offering Management System). Nishi-Nippon Railroad-led corporate group serves as the certified plan submitter, operating the dining complex 'HARENO GARDEN EAST&WEST' under a 20-year contract.
Hisaya-odori Park (Nagoya) — Structure of Japan's Largest Park-PFI and Independent-Accounting Scheme
Hisaya-odori Park in Naka Ward, Nagoya opened in September 2020 as a landmark Park-PFI (Public Offering Management System) case. Managed by Mitsui Fudosan under a 20-year contract covering 54,122 m², it achieved integrated development of 35 commercial stores and public facilities with zero public expenditure by Nagoya City through an independent-accounting scheme.
Park-PFI in 2025: Reviewing the Year's Awards and Regional Application Patterns
A review of MLIT's Park-PFI activation status for 2025: 21 sites starting in FY2024 and 23 in FY2025, the May 2025 guideline revision, the new application patterns in non-metropolitan cities, and the structural connection to VFM-exempt Small Concession schemes.
Park-PFI and Park Management Policy 2026 — 203 Parks Reached, TSUNAG and Guideline Updates, and the Coming 20-Year Maturity Problem
Park-PFI, created by the 2017 Urban Park Act revision, has spread to more than 203 parks as of March 2026. Meanwhile, the 2024 Urban Greenery Act revision introduced TSUNAG (effective Nov 2024), and the Park-PFI Activation Guidelines were revised in May 2025. The Regulatory Reform Council proposed extending the contract validity period in February 2025, anticipating the 2037 'first-generation 20-year maturity problem.' This guide maps the policy state, comparison with the Designated Manager System, international models, and expert critiques.
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