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Los Angeles 2028 Olympic Games Planners See Economic Upside

The 2028 Games will be the third for Los Angeles as host, but it will be a challenge to repeat the success of 1984.

What Paris Olympics? Los Angeles is already looking ahead.

As the city prepares to host the 2028 Games, construction crews have fanned out, racing to bolster the area’s infrastructure to accommodate hundreds of thousands of visitors.

Three main projects — expanding the rail system, revamping the airport and renovating the downtown convention center, which will be the competition venue for five sports — will have lasting effects on the region. The projects are funded through a mix of federal and city dollars as well as airport fees. And there will also be the tourist dollars spent while the Games take place.

The city sees the Olympics as a revenue producer, not an expense. Now it must disprove the skeptics who say it could be a boondoggle.

In 2019, two years after Los Angeles was awarded the Games, Eric Garcetti, then the mayor, said he expected the city to turn a $1 billion profit.

For the current mayor, Karen Bass, hosting the Olympics is more than an opportunity to showcase familiar attractions like Hollywood or Venice Beach. It’s also about connecting visitors with small businesses citywide.

“What determines success is for everybody to benefit,” Ms. Bass said in an interview. “They need to know about Little Bangladesh and Little Ethiopia and Little Armenia.”

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Source: Economy - nytimes.com


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