Architect Zaha Hadid announces plan for new, less costly bid for Tokyo 2020 stadium

IndustriesAssociated Press

Zaha Hadid Architects, the company whose stadium design for the Tokyo 2020 Olympics was chosen and later scrapped, says it is teaming up with major Japanese design and engineering company Nikken Sekkei in a bid to regain the project.

Prime Minister Shinzo Abe announced in July that Hadid's design had been dropped as too costly, seeking to quiet an outcry over the futuristic, huge stadium blueprint.

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The government has begun accepting new bids for the project, with a cost ceiling of 155 billion yen ($1.3 billion). Hadid's earlier project had been estimated to cost over 250 billion yen ($2 billion).

The two companies said Monday they would offer "the most cost-effective delivery plan" to ensure the stadium is ready in time for the 2020 Olympics.