The Planet Formation Imager (PFI) Project has formed a Technical Working Group (TWG) to explore possible facility architectures to meet the primary PFI science goal of imaging planet formation $in\; situ$ in nearby star-forming regions. The goals of being sensitive to dust emission on solar system scales and resolving the Hill-sphere around forming giant planets can best be accomplished through sub-milliarcsecond imaging in the thermal infrared. Exploiting the 8-13 micron atmospheric window, a ground-based long-baseline interferometer with approximately 20 apertures including 10km baselines will have the necessary resolution to image structure down 0.1 milliarcseconds (0.014 AU) for T Tauri disks in Taurus. Even with large telescopes, this array will not have the sensitivity to directly track fringes in the mid-infrared for our prime targets and a fringe tracking system will be necessary in the near-infrared. While a heterodyne architecture using modern mid-IR laser comb technology remains a competitive option (especially for the intriguing 24 and 40µm atmospheric windows), the prioritization of 3-5µm observations of CO/H$2$O vibrotational levels by the PFI-Science Working Group (SWG) pushes the TWG to require vacuum pipe beam transport with potentially cooled optics. We present here a preliminary study of simulated L- and N-band PFI observations of a realistic 4-planet disk simulation, finding 21x2.5m PFI can easily detect the accreting protoplanets in both L and N-band but can see non-accreting planets only in L band. We also find that even an ambitious PFI will lack sufficient surface brightness sensitivity to image details of the fainter emission from dust structures beyond ~5 AU, unless directly illuminated or heated by local energy sources. That said, the utility of PFI at N-band is highly dependent on the stage of planet formation in the disk and we require additional systematic studies in conjunction with the PFI-SWG to better understand the science capabilities of PFI, including the potential to resolve protoplanetary disks in emission lines to measure planet masses using position-velocity diagrams. We advocate for a specific technology road map in order to reduce the current cost driver (telescopes) and to validate high accuracy fringe tracking and high dynamic range imaging at L, M band. In conclusion, no technology show-stoppers have been identified for PFI to date, however there is high potential for breakthroughs in medium-aperture (4-m class) telescopes architecture that could reduce the cost of PFI by a factor of 2 or more.