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At E3 yesterday, series creator Tetsuya Nomura affirmed that the basic framework for Kingdom Hearts III is nearly finished! "For the most part," he said, "we've established the foundation—the basic system and mechanics of what's going to go into the game. The development of that is close to complete."

He then further clarified what that means:
It's good to hear that production of the game is going smoothly, even if more slowly than we may like. Thinking back on how gorgeous the new E3 trailer was, imagine how it'll look when polished to that final state! [swoon~]


Source:
GamesRadar
Tetsuya Nomura, Kingdom Hearts' director, had more to share about the newest Kingdom Hearts 3 trailer to Dengeki. In this interview, they speak about the 'Attraction Flow', which are the Rollar Coaster, Pirate Ship as well as Tea Cups Sora used in the trailer. Nomura also says that the conversation between Young Xehanort and Young Eraqus is much longer, and connects with Kingdom Hearts Unchained Chi, which a trailer was also shown for at E3.

Source: Siliconera
Destructoid did an interview with Kingdom Hearts director, Tetsuya Nomura, about Kingdom Hearts 3, Kingdom Hearts as a whole, as well Final Fantasy VII:

As the second day of E3 continues, the Kingdom Hearts director, Tetsuya Nomura, continues giving interviews to different news outlets, being asked about the highly-anticipated KH3. In the following interview by Engadget, Nomura discusses online features, gameplay, and the amount of worlds in the game compared to earlier titles:

In a whirlwind of announcements for Kingdom Hearts fans, series director Tetsuya Nomura took to the Square-Enix blog to address fans directly. You can read the full text below.
Be sure to check out and share your thoughts on the new Kingdom Hearts III and Unchained χ trailers.