The Badminton World Federation has reached an agreement with Tokyo 2020 Olympic organizers to move the badminton venue from the center of Tokyo, an informed source said Sunday.

The venue, originally planned for Koto ward on the bayside, will be relocated to the city of Chofu in western Tokyo. According to the source, the organizing committee will present the plan to move the competition at the IOC's board of directors meeting on Monday.

The original plan called for a new venue to be constructed to hold the competition and the switch is being made to cut costs.