As Venues Sit Unused, Athens Feels Olympic Remorse

Four years after it hosted the Summer Olympics, Athens is questioning whether the $15 billion investment in venues that now largely sit unused was really worth it.

"As Beijing gears up for the most expensive Olympics in history – in the neighborhood of $40 billion – Athens is looking back at the legacy of its Games. The smallest country ever to host the modern event, Greece was proud to have pulled it off despite widespread skepticism. But while the event gave a morale boost to the Olympics' birthplace, many say Athens has failed to translate that into lasting momentum for modernization."

"Many of the venues are still vacant four years later, promised parks never materialized, and new transportation infrastructure has caused problems like flooding and increased traffic, says Mr. Efthimiou. Citizens question the event's $15 billion price tag – most of it paid for by the state."

Full Story: As Olympic glow fades, Athens questions $15 billion cost

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Book cover of Insider's Guide to Careers in Urban Planning

So you want to be a planner...

Check out our behind the scenes look at 25 careers in the Urban Planning field
Starting at $14.95
Grids and Guide Red book cover

Grids & Guides

A notebook for visual thinkers. Available in red and black.
16.95