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 $199
Planetizen Courses image ad

Planetizen Courses

Advance your career with subscription-based online courses tailored to the urban planning professional.
Starting at $14.95 a month
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95
City Plate table setting

New Arrival! City Plates

City downtown cores printed on gorgeous decorative collectible porcelain plates.
$50.00