Tokyo’s urban landscape continues to evolve with the completion of the innovative Yoyogi Park Park-PFI project, a significant redevelopment initiative that has transformed a section of one of Tokyo’s most beloved green spaces into a dynamic hub where nature and city life seamlessly blend.
What is Park-PFI?
The Public Offering Installation and Management System (Park-PFI) represents Japan’s forward-thinking approach to urban park development. This system, stipulated in the Urban Parks Act, allows private businesses selected through public recruitment to establish commercial facilities like restaurants and shops within parks while using the generated revenue to develop and maintain the surrounding public park facilities.
The Yoyogi Park Vision
Located at 1-1-1 Jinnan, Shibuya-ku, the newly developed 4,182㎡ area sits strategically between the vibrant districts of Harajuku and Shibuya. Under the theme “connecting cities and parks,” this project creates a sustainable urban space that emphasizes both health consciousness and environmental orientation through the thoughtful integration of commercial facilities and green spaces.
The development falls within the “Greater SHIBUYA” concept—defined as the area within a 2.5km radius of Shibuya Station—where Tokyu Land Corporation and partners aim to create a sustainable metropolitan area that blends work, play, and living environments.
Facilities and Attractions
The redeveloped area features a thoughtfully designed collection of spaces that create a harmonious blend of recreation, relaxation, and retail. At the heart of the project lies the NIGIWAI AREA, a natural grass square where visitors can unwind on lush green lawns that provide a tranquil sanctuary amid Shibuya’s urban energy. Adjacent to this peaceful space is the URBAN SPORTS PARK, an outdoor skateboarding venue that welcomes enthusiasts of all ages, reflecting Tokyo’s evolving urban sports culture. Safety remains a priority, with guidelines recommending protective gear and supervision for younger children.
Overlooking these active areas, the HASSHIN TERRACE serves as an elevated viewing platform that transforms into a vibrant stage during community events and performances. The commercial zone complements these public spaces with carefully selected retail offerings, including a newly opened New Balance shop and a stylish café. Additional shops are scheduled to join the retail lineup soon, further enhancing the dynamic shopping and dining experience within this unique park setting.
Accessibility features prominently throughout the development, with barrier-free routes ensuring all visitors can navigate the space comfortably. Thoughtful amenities including wheelchair-accessible toilets and dedicated baby care rooms further demonstrate the project’s inclusive design philosophy.
Events and Community Engagement
The new development has quickly established itself as a vibrant community hub, hosting events that promote wellness and active lifestyles. Notable examples include the NEXT GENERATIONS GAMES and LIFE TUNING DAYS “WELLNESS SCRAMBLE!” presented by Yoyogi Park STAGES—a multi-day celebration focused on physical energy and mental wellbeing.
These events reflect the development’s core philosophy of supporting people’s health through sports opportunities like running, yoga, and skateboarding, as well as providing health-conscious food options.
see whats on at Shibya Park PFI -> Here
Environmental Integration
What makes this project particularly innovative is its commitment to environmental harmony. Through collaboration with local natural assets such as the ecosystem of Yoyogi Park and the Omotesando tree-lined avenue, the development contributes to the area’s biodiversity and creates a space that residents can enjoy for generations.
The design and execution of the project involved an impressive lineup of contributors, including Tokyu Design Consultant for design work and Tokyu Construction for the building process. The park’s management ensures that the natural elements remain protected, with strict rules prohibiting the collection of plants and animals, feeding wildlife, and damaging vegetation.
Hours and Access
The park itself remains open at all times, though specific facilities operate on schedules:
- Management Office: 8:30-17:30 (Closed during year-end and New Year holidays)
- Urban Sports Park: 10:00-17:00 (Closed during year-end and New Year holidays and facility inspection days)
The development is easily accessible from major transport hubs in the area, making it a convenient destination for both locals and tourists looking to experience Tokyo’s innovative approach to urban green spaces.
Prime Location and Property Opportunities
The redevelopment’s strategic position between Harajuku and Shibuya places it at the heart of some of Tokyo’s most desirable real estate, such as Park Court Shibuya The Tower. Properties surrounding this enhanced green space now enjoy the dual benefits of central Tokyo convenience and access to world-class recreational facilities. The area’s proximity to major transport hubs, luxury shopping districts, and international schools makes it especially attractive to discerning homebuyers and investors seeking long-term value in Tokyo’s premium property market.
Housing Japan’s extensive portfolio includes select properties near this vibrant new development. Our team of multilingual real estate professionals offers unparalleled expertise in Tokyo’s luxury market, providing comprehensive services from property acquisition to investment management. With intimate knowledge of emerging urban hotspots like the Yoyogi Park redevelopment, Housing Japan is uniquely positioned to help clients secure properties that combine lifestyle benefits with strong investment potential.
A Model for Future Development
The Yoyogi Park project represents a significant evolution in Tokyo’s urban planning philosophy, demonstrating how commercial interests and public spaces can coexist harmoniously while enhancing quality of life. By creating a space that encourages physical activity, community gathering, and appreciation of nature, this development sets a standard for future projects throughout Tokyo and beyond.
For real estate investors and homebuyers, areas surrounding such innovative urban developments often see increased property values and demand, making them attractive options in Tokyo’s dynamic property market.
