Athletes Village for Olympics could house virus patients
The under-construction Athletes Village for the Tokyo Olympics could be used as a temporary hospital for coronavirus patients.
Tokyo Governor Yuriko Koike has been talking about the possibility of occupying the massive development on Tokyo Bay, which is to house up to 11,000 Olympic and 4,400 Paralympic athletes and staff during the games.
The complex, which will eventually include 24 buildings, is expected to remain unoccupied with the Olympics delayed for 16 months.
Koike said the Athletes Village was "one of the options, but the village is not finished yet. We are talking about places that are available even today or tomorrow and checking a possibility one by one."
As another alternative, Koike said on Friday that the Tokyo city government would buy a hotel to house patients.
Through Thursday, Japan had reported about 3,300 cases of coronavirus with 74 deaths, according to the health ministry. Tokyo reported 97 new cases on Thursday with officials looking for more beds in the capital as totals rise.
The coronavirus causes mild or moderate symptoms for most people and can include a fever, coughing and mild pneumonia. The risk of death is greater for older adults and people with other health problems.
The 5,600 units in the Athletes Village will be renovated after the Olympics and sold. Almost 1,000 are now for sale, or have been sold. Occupancy was supposed to begin in 2023, and apartment prices are listed between $500,000 and $2 million.
The Athletes Village is a joint venture involving 10 major companies and the city of Tokyo. The complex will be known as Harumi Flag and the developers include Mitsui Fudosan Residential Co., Nomura Real Estate Development Co., and Sumitomo Realty & Development Co.
The group running Harumi Flag said the proposal to use the property for coronavirus beds was speculation and added the developers had not heard from the city.
The group also said Harumi Flag had not decided on its plans for the development in light of the 16-month Olympic postponement.
One of the biggest challenges for Olympics organizers will be lining up the Athletes Village for next year, along with about 40 sports venues.
Estimates suggest the postponement will cost between $2 billion and $6 billion, with most of the bill going to Japanese taxpayers.
Tokyo organizers officially are spending $12.6 billion to organize the Olympics, although a government audit says the figure is twice that much. All but $5.6 billion is public money.
Organizing committee documents show the Switzerland-based International Olympic Committee is contributing $1.3 billion.
The IOC had income of $5.7 billion in the last four-year Olympic cycle. More than 90% is from selling broadcast rights and sponsorships.
Olympic delay adds workload, costs and cash flow uncertainty
Postponing the Tokyo Olympics to 2021 will make the event more costly for all parties, the International Olympic Committee acknowledged on Thursday, although it offered few details on what the final bill might be.
Four directors of the Olympic body held a conference call three days after Tokyo's new dates were finalized, with the games pushed back to July 23-Aug. 8 next year because of the coronavirus pandemic.
While the new dates cleared up any uncertainty about the event's future, there are still plenty of question marks as the IOC begins to work with Tokyo organizers and governing bodies of 33 sports in a huge task to amend thousands of contracts. They include agreements for 41 venues, an Olympic village of 5,000 apartments, hotels, transport, plus the supply of goods and services.
"All of this now has to be re-secured for one year later," said Christophe Dubi, the IOC's Olympic Games executive director. "There will be costs for (Tokyo local organizers) and the IOC and Olympic family side."
The estimations for how much it will cost to postpone the games have started at $2 billion and gone much higher. Japanese taxpayers are expected to meet most of it, adding to their share of an official budget of $12.6 billion.
The IOC was contributing $1.3 billion to Tokyo's original operating budget.
Asked if the Switzerland-based Olympic body would meet some of the extra costs from its own insurance policy or billion-dollar reserve fund, the official line Thursday was that it's too early to say.