Overview
- Parco will demolish the main and annex buildings and replace them with a new structure featuring live-music venues, galleries and museums.
- The project is planned in coordination with adjacent properties, including the Nishitetsu Fukuoka station building and local shopping streets, under the city’s redevelopment initiative.
- Planning documents cite a site of about 7,900 square meters and an estimated ¥100 billion for design and installation costs.
- Parco has not decided whether it will return as a tenant in the new building, it will not open a temporary store, and employment for 14 company staff will continue.
- The closure affects 179 tenant shops with roughly 2,700 workers, despite Fukuoka Parco posting record FY2024 sales of ¥27.2 billion and ranking sixth among Parco locations.