NEW YORK — The biggest expenditure and colossal headache facing almost every Olympic host city is the need to build a series of new venues. Compounding the matter are the inevitable construction delays and cost overruns during the seven years from its bid being selected to actually hosting the Games themselves.
The Los Angeles 2028 Games, however, enjoy an enviable standing: Every single venue needed is already in place, and LA’s early selection as host last fall, at the same time as Paris was chosen for 2024, came with an extra four years of warning.
“I think what we have is really an incredible platform for creative and technology-driven minds to engage with,” said LA2028 Olympic chairman Casey Wasserman on Tuesday at the Wall Street Journal’s Future of Everything Festival in New York City.