Olympic History: 10 Things the Olympic Games Have Made Popular

Throughout Olympic history, technology has pushed boundaries before hitting the mainstream

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Olympic History: 10 Things the Olympic Games Have Made Popular

Olympic History – 10 Things the Olympic Games Have Made Popular: Recyclable Stadiums

Olympics 7 Olympic History: 10 Things the Olympic Games Have Made PopularWhen it comes to mass sporting events, stadiums are one of the biggest expenses — Olympic stadiums are no exception, costing a fortune. And once the Olympic Games are done, or a pro sports teams decides to move to another city, that stadium is often an expensive white elephant.

The most expensive stadium in Olympic history is the 1976 Montreal Olympic Stadium, which cost $1.47 billion in today’s dollars. I visited it last year, and … let’s just say it takes up a lot of space and seems very under-utilized.

Besides helping to popularize the building of massive stadiums for outdoor games throughout the world in the first place, the Olympics is now helping to jumpstart the idea of recyclable stadiums.

The 2012 Summer Games in London featured an 80,000 seat stadium, but 55,000 of those seats were designed to be easily removed and shipped off to another venue. A 12,000 person basketball arena at the same Olympics could be completely broken down and shipped off after the Games, with the intention to use it in Brazil in 2016.

This innovation in intelligent stadium design with recyclable components (and sometimes entire venues) is helping to popularize portable structures and should help to offset one of the biggest lingering costs for Olympic Games hosts and professional sports teams in general.


Article printed from InvestorPlace Media, http://investorplace.com/2014/02/olympic-history/.

©2014 InvestorPlace Media, LLC

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