Six Months After Rio’s $12B Olympics, Its Abandoned Venues Now Lie In Crumbling Ruins

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Image: VANDERLEI ALMEIDA/AFP/Getty Images

For example, the aquatic stadium, built for Olympic swimming events, was supposed to have been disassembled after the games and converted into two schools. However, six months on, it still stands empty and crumbling. Like the iconic Maracana Stadium, its present state is controversial and its future is unclear.

Image: VANDERLEI ALMEIDA/AFP/Getty Images

Meanwhile, the athletes’ village, built to accommodate visiting competitors, was supposed to have been sold off to the public as upscale luxury homes. Very few units have sold, however, owing to their prohibitive cost. In fact, most of the 8.5 million-square-foot residential development is as empty as a ghost town.

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Image: VANDERLEI ALMEIDA/AFP/Getty Images
Image: VANDERLEI ALMEIDA/AFP/Getty Images

Moreover, the Olympic golf course, built at a cost of $20 million, is having difficulty recruiting new players. Part of the problem may be the high costs involved in maintaining world-class facilities. However, unless something changes, the course risks being abandoned or even paved over.

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