Abstract
T-Terrace is a stage located at Takachiho Street and designed for events and stop-off. It was built and has been managed by a private organization with the cooperation with the prefecture and the city governments toward city center vitalization. The purpose of this paper is to analyze the evaluation of the T-Terrace project based on a questionnaire survey to citizens and analyze the management problems by an interview survey for private and public sectors. The major findings are as follows: 1) The citizens highly evaluate the functions of the terrace and hope its continuous operation. 2) Although the private organization hopes its continuous operation, they have the financial problems caused by the institutional constraints. 3) Although the prefectural and the city governments recognize the importance of the terrace, the cooperation efforts are limited by lack of communication among private-public sectors.