Mega-projects and mega-events: evaluating Vancouver 2010 stadium and convention infrastructure
نویسندگان
چکیده
This paper evaluates two infrastructure mega-projects connected to the 2010 Winter Olympics in Vancouver’s downtown peninsula: renovation of BC Place Stadium and Vancouver Convention Centre expansion. These projects correspond categories often constructed alongside sporting mega-events with intended tourism development legacies that have a history financial underperformance. Touching upon literatures concerning mega-events, event leveraging, urban development, as well public finance sport convention venues, this work focuses on fiscal impacts opportunity costs for venue site locations where there are already high property values, aim providing lessons comparable future mega-event hosts contemplating similar event-related mega-projects. In addition arguing alignment design efficiently maximize long-term operating returns portfolios article highlights location within host city shapes government investors cost overruns meet fixed deadline can undermine what may other be sustainable structure. While mega-event-related stadium or centre is at significant risk becoming loser when considering both capital costs, sub-optimal platform maximising an portfolio, does not case. Beyond more traditional measures project return, further develops another key measure evaluating revenue outcomes, which summed up alternative land uses site.
منابع مشابه
Mega-projects, city-building and community benefits
Mega-projects figure prominently in the arsenal of contemporary city-building strategies. The allure is of a city redefined, placed on the world stage and able to improve services, facilities and revenues. Community attitudes to such projects are often mixed, with fears of gentrification, displacement or loss of existing city character. Although mega-projects are adopted to pursue global ambiti...
متن کاملApproaching paradox: Loving and hating mega-events
This paper examines the role of paradoxes in research and proposes strategies of engaging with them. For this purpose, it analyses the ways in which six paradoxes are constitutive of sports mega-events such as the Olympic Games: the universalism paradox, the compliance paradox, the winner’s paradox, the participation paradox, the uniqueness paradox and the passion paradox. It then develops thre...
متن کاملIntermodal Terminals, Mega Ports and Mega Logistics
Economic globalization has been accompanied by a growing spatial imprint of freight distribution on the landscape, particularly for intermodal terminals such as ports, airports and railyards, but also for logistical activities, namely distribution centers. Economies that have relied on globalization to promote growth, China been the most eloquent example, have relied extensively on major interm...
متن کاملOptimizing Traffic Signal Timings for Mega Events
Most approaches for optimizing traffic signal timings deal with the daily traffic. However, there are a few occasional events like football matches or concerts of musicians that lead to exceptional traffic situations. Still, such events occur more or less regularly and place and time are known in advance. Hence, it is possible to anticipate such events with special signal timings. In this paper...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Sport & Tourism
سال: 2021
ISSN: ['1477-5085', '1029-5399']
DOI: https://doi.org/10.1080/14775085.2021.1881590