YOU SAID:

there is a party going on right here

INTO JAPANESE

ここでパーティーが開かれています

BACK INTO ENGLISH

A party is held here

INTO JAPANESE

ここでパーティーが開催されます

BACK INTO ENGLISH

A party will be held here

INTO JAPANESE

ここでパーティーが開催されます

BACK INTO ENGLISH

A party will be held here