Japan to Scrap $2 Billion Olympic Stadium Plan as Costs Soar
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Japan will hold a new competition to select a design for the main Tokyo 2020 Olympic stadium, abandoning a futuristic creation by British-Iraqi architect Zaha Hadid after cost estimates ballooned.
“We’ll go back to the drawing board,” Prime Minister Shinzo Abe told reporters in Tokyo on Friday. “The costs ballooned far beyond the initial plan and there was a great deal of criticism from the Japanese people and athletes.”