(ATR) The original bid document Boston 2024 submitted to the United States Olympic Committee in December shows a number of figures not presented by the bid when the initial proof of concept was released in January.
The "confidential" version, obtained through a public-records request, was published by Boston Magazine.
In the version submitted to the USOC, Boston 2024 laid out all of the estimated costs for venue construction, land acquisition, and post-games legacy, highlighted by the Boston Magazine report.
When asked why these costs were omitted in the public version, Boston 2024 vice president Eric Murphy said in a statement, "There is a limited amount of proprietary information that the USOC had asked Boston 2024 not to release because they believe it will put Boston and the United States at a competitive disadvantage."
Among other omissions in the public document were the proposed backup sites for venues if Boston 2024 and stakeholders could not agree upon the acquisitions of certain plots of land.
If the University of Massachusetts Boston could not host the athlete’s village, Boston 2024 would explore a site in Midtown, where the bid hopes to put the temporary Olympic Stadium. If the Midtown location did not work for the Olympic Stadium, Suffolk Downs would be explored as the replacement.
The main press center and international broadcast center were tentatively located in the South Boston waterfront area, but the University of Massachusetts would be explored as an option if that site was unavailable.
In the section on financing Boston 2024 said "initially, a public authority (e.g., City of Boston affiliated Industrial Development Authority) will fund land acquisition and infrastructure costs," before the organizing committee assumes the budget for venue construction.
In this instance bonds would be issued by the city to pay for land, before private sector developments repaid the city for the rights to develop and cover the debt created.
The bid book said a budget of $269 million was laid out for land acquisition with $85 million for the Olympic Stadium. The estimated cost for 2024 construction was placed at $2.18 billion and the cost for the main press center and international broadcast center is $473.6 million.
A final section detailing the weaknesses of the bids and how the bid team plans to address those issues was not included in the public document.
The full text of the Boston 2024 initial bid book can be found here.
Written by Aaron Bauer
20 Years at #1: Your best source of news about the Olympics is AroundTheRings.com, for subscribers only.
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