A consortium of 13 major real estate industry giants is given a ”mandated consultant position” to develop Tokyo 2020 Summer Olympic athlete quarters.
In fact – there was only one entrant and this consortium is VERY powerful – there is a speculation that no other companies bothered to compete against.
The consortium, named 2020 Harumi Smart City Group is comprised from:
Mitsui Fudosan Residential (principle company)
Meetings are to be held throughout this year to materialize the development plan and a contractor/developer for the project will be chosen during the Japanese fiscal year of 2015. (April 2015-March 2016) Regardless to say, it is likely that one of the companies (or joint ventures) is given a mandate to the development.