Kingdom Hearts 3 to be developed by the Osaka Team!
Due to the original Kingdom Hearts team and Tetsuya Nomura being hard at work on the upcoming Final Fantasy XV, Kingdom Hearts III is not being worked on by them.
Instead, Square Enix revealed at the Q&A this morning that the Osaka studio shall be working on the project! The Osaka team has worked on other past Kingdom Hearts titles, such as Kingdom Hearts: Birth by Sleep, Kingdom Hearts: Dream Drop Distance, and Kingdom Hearts 1.5 Remix.
Square has also confirmed that both Final Fantasy XV and Kingdom Hearts III will be making use of Direct X 11.
Source: Siliconera