Japan picks design by Taisei Corp-led consortium for Olympic stadium - PM


Tokyo 2020 Olympic and Paralympic games emblems are displayed at Tokyo Metropolitan Government Building in Tokyo July 24, 2015. REUTERS/Issei Kato

TOKYO (Reuters) - Japanese architect Kengo Kuma on Tuesday won a competition to design the centrepiece stadium for the 2020 Summer Olympics in Tokyo, after ballooning costs forced the futuristic original plan to be scrapped.

The winning design submitted by a consortium led by Taisei Corp has a price tag of 149 billion yen (0.83 billion pounds), against an estimated $2.1 billion for the controversial concept by Zaha Hadid that was abandoned in July.

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