Two new art studios will open in the former red-light district of Kogane-cho in Yokohama. These studios will form the main venue of the event and will also serve as the location for the opening of Koganecho Bazaar. The aim of Koganecho Bazaar is to regenerate the Koganecho district through the co-existence of art and community, and it can be seen as the first step in this process.

For this event, daring not to be limited to a conventional interpretation of art, a comprehensive program is being organized that welcomes a wide range of ideas and events to reexamine the local environment, while also introducing new commercial ventures related to fashion, food and housing. As a unified whole, the festival will create a place for rich experience and it is hoped that this venture to revitalize the area will be warmly welcomed by a large number of visitors and local residents. It is also hoped that there will be a possibility to continue to develop the initiative in the near future.