Canceling construction of the Sea Forest Waterway in Tokyo Bay as the Olympic canoe and boat course would cost some 10 billion yen, it was disclosed at a Nov. 18 meeting of the Tokyo Metropolitan Assembly's Olympic and Paralympic Games committee.
Construction of the venue for the Tokyo 2020 Games began in July this year, and the metropolitan government's project head told the committee that some 3.8 billion yen had already been earmarked to disassemble and move a waste facility on the site, and another 900 million yen had been committed to test designs. Cancelling the project now would incur costs related to restoring the site to its pre-construction state as well as compensation for the contractors, with the total loss expected to total some 10 billion yen.
Also related to the Sea Forest site, the investigative team of the metropolitan government's administrative reform department has proposed three possible resolutions for the canoe and boating venue: building a permanent facility, building a temporary facility, or moving the events to the Naganuma Boat Race Course in Miyagi Prefecture. A final decision will be made at a meeting of officials from the Tokyo Metropolitan Government, the International Olympic Committee, the Tokyo 2020 organizing committee, and the central government set to open on Nov. 30. The metro government's Sea Forest project head said that construction has been suspended until a decision is made.
Regarding other 2020 Olympic and Paralympic venues, the metropolitan government investigative team has stated that it believes renovating the Yokohama Arena to host the volleyball competition would cost more than the 700 million yen currently estimated.
Furthermore, the team estimated that a new Olympic Aquatics Center slated to be built in Tokyo's Koto Ward would lose between 597 million yen and 854 million yen annually regardless of which of the three seating capacity options now under consideration -- 5,000, 15,000 or 20,000 seats -- is eventually chosen.