City makes formal bid for 2016 Summer Games
June 23, 2006 (Last Updated: 5:09 PM) (WLS) -- Mayor Daley and the City of Chicago are making a formal bid to host the 2016 Summer Olympics. They are in California making their pitch. Chicago is one of five US cities being considered to host the games.
We won't know the Olympic committee's decision for quite some time.
We were expecting all the details Friday on the city's Olympic plan, Including that big question, what kind of a new stadium will be built to host the opening ceremonies and the track and field events? But at the last minute Friday afternoon, the mayor and his team decided not to share any details like that for competitive reasons, since they are going up against four other cities.
The mayor did lay out all the details for the US Olympic committee Friday, beginning with a very fancy new video highlighting Chicago. That video is now playing in a venue for people who are coming here to watch this weekend's Olympic activities.
Mayor Daley and his team of Chicago business leaders laid out their 2016 Olympic plan for the first time Friday at a meeting of the U.S. Olympic committee in California. But they are refusing to provide any details for now for competitive reasons.
"The USOC has asked us not to give any specifics in regard to that. Because they will evaluate it and then come back and talk to us about it," said the mayor.
Chicago is competing against four other American cities, Los Angeles, San Francisco, Houston and Philadelphia, to win over a US Olympic committee that may or may not recommend an American city to compete with several international capitals for the right to host the Summer Games in 2016.
"I described it as an American experience with Chicago style. That's very important. And we want the Olympics to come back to America. This is an opportunity to showcase Middle America, Midwest America, the opportunity to showcase our great country," Daley said.
The mayor is extremely confident of Chicago's bid thanks to overwhelming public support in a recent public opinion poll, excellent venues and infrastructure already in place, and strong enough business support to promise hundreds of millions of dollars in private funding, and no tax dollars, unless the expenditure has a permanent benefit to Chicagoans.
"Unique fabric in our city in the business community and the private sector, and I think it's almost a no-brainer that the private sector and business community will fully support and in fact finance this," said Miles White, Chicago Olympic Committee.
Chicago does have that "I will" spirit. The city has hosted two World Fairs, 25 political conventions and the World Cup soccer in 1994. City leaders are following the old saying of Daniel Burnham back in 1910, "Make no little plans."
In terms of the procedures in California, the cities will all know by early next year whether the Olympic Committee in the United States is recommending one of them. If so, they then compete for the next two years. In 2009, the world Olympic committee will make a final decision. Some of the world cities that are also competing include Buenos Aires and a number of other capitals. So it's going to be a very stiff competition.
The estimate is it will be $5 million to $10 million to prepare the initial bids. Up to $1 billion to put on the Olympics. But all of that is expected to be earned back in visitors and expenditures.
You can see the ABC7 report by clicking on the video icon above. You will need Windows Media Player 9 or higher to view this video. You can get it FREE by clicking here. NOTE: Video clips will only be available for 5-days from the date they were created. ALSO: Video clips will play in a separate window on Mac OS X machines, you may also see a video help screen.
- Photos: Malaysia Airlines plane MH370 missing
- H.S. wrestling coach accused of sex with student
- Man struck by cars in Lincolnwood dies, police say
- Semi crash spills plastic beads, slows Tri-State
- Metra train strikes pedestrian in New Lenox
- Person killed by Amtrak from Chicago to STL
- Chicago electric bills to rise; city claims could've been worse
- $7 million shoplifting suspects to remain jailed
- Photos: Plane entangles in skydiver parachute
- abcnews: Toddler with Rare Kidney Disease Beats Odds