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London Olympics budget: now with 3 times extra flavor!!

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  • #16
    I'm honestly surprised the Chinese got off so cheaply with the Beijing Olympics considering how much work was needed to modernize the city. I guess cheap labor really helps to keep construction costs down.
    Try http://wordforge.net/index.php for discussion and debate.

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    • #17
      Originally posted by DanS


      For Emirates, I can see it. But not an aquatics center. They are building a $600 million white elephant.
      Perhaps it isn't economical but I question whether you can have the same deal for less money. I believe the compensation for architects like Hadid typically run at about 20% of total costs.
      DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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      • #18
        Out of curiosity, has any Olympic city ever made money on these cost layouts?
        I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
        For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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        • #19
          Originally posted by DinoDoc
          Out of curiosity, has any Olympic city ever made money on these cost layouts?
          how does one measure such a thing?
          Co-Founder, Apolyton Civilization Site
          Co-Owner/Webmaster, Top40-Charts.com | CTO, Apogee Information Systems
          giannopoulos.info: my non-mobile non-photo news & articles blog

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          • #20
            LA didn't build much for the 1984 Olympics so maybe they turned a profit.
            Try http://wordforge.net/index.php for discussion and debate.

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            • #21
              Originally posted by DinoDoc
              Out of curiosity, has any Olympic city ever made money on these cost layouts?
              I don't know why people keep trying to make it all economical when the holding the Olympics is fundamentally about prestige.
              DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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              • #22
                How do you spend water?
                "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                Ben Kenobi: "That means I'm doing something right. "

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                • #23
                  Originally posted by Colon™
                  I don't know why people keep trying to make it all economical when the holding the Olympics is fundamentally about prestige.
                  "showing off" was more accurate
                  Co-Founder, Apolyton Civilization Site
                  Co-Owner/Webmaster, Top40-Charts.com | CTO, Apogee Information Systems
                  giannopoulos.info: my non-mobile non-photo news & articles blog

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                  • #24
                    Originally posted by Kontiki
                    They need to come to Montreal and Toronto. We can teach them how to build white elephant stadiums but good.
                    So true. Montreal just finished paying for the 76 games.


                    Cost overruns are nothing surprising and in fact, should be expected. The games are always sold to the locals with the promise of a low price tag and big revenue then years later, when it's too late to turn back, the real bills start coming in.
                    "I have never killed a man, but I have read many obituaries with great pleasure." - Clarence Darrow
                    "I didn't attend the funeral, but I sent a nice letter saying I approved of it." - Mark Twain

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                    • #25
                      Cost overruns are nothing surprising and in fact, should be expected.

                      Counter-point: Calgary '88

                      Turned a tidy profit, built long-lasting infrastructure the city benefits from to this day.
                      "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                      Ben Kenobi: "That means I'm doing something right. "

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                      • #26
                        Winter Olympics aren't real Olympics.
                        DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                        • #27
                          Originally posted by Colon™
                          I don't know why people keep trying to make it all economical when the holding the Olympics is fundamentally about prestige.
                          £9.35bn seems to be kinda expensive for a collection of white elephants though.
                          I make no bones about my moral support for [terrorist] organizations. - chegitz guevara
                          For those who aspire to live in a high cost, high tax, big government place, our nation and the world offers plenty of options. Vermont, Canada and Venezuela all offer you the opportunity to live in the socialist, big government paradise you long for. –Senator Rubio

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                          • #28
                            Originally posted by Colon™
                            Winter Olympics aren't real Olympics.
                            Yes, building bobsled tracks, ski jumps, many ice rinks, etc is very cheap...
                            "The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
                            Ben Kenobi: "That means I'm doing something right. "

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                            • #29
                              LA made $200 million. Atlanta also is said to have made money as well, although I do wonder...
                              I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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                              • #30
                                Originally posted by Colon™
                                I don't know why people keep trying to make it all economical when the holding the Olympics is fundamentally about prestige.
                                Bottom line is that the Olympics have to be supported some way. The central government will lead and pay for Beijing for a specific political purpose. Los Angeles was led by the city fathers and was profitable. Athens was led and paid for by the central government and was mainly about prestige and tradition, as far as I can tell (maybe a side benefit being an upgrade in infrastructure).

                                It appears that the central government is leading and funding London in order to revitalize parts of the city. In this respect, the cost and frequency of use for big crowds in the future is a paramount consideration and white elephants are the exact opposite of what is intended.
                                Last edited by DanS; May 2, 2008, 12:42.
                                I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891

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