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    Posts Tagged ‘Olympic Training Center’

    Ka-ching! When athletes hit town, the dollars follow (access required)

    by Rebecca Tonn Published: March 25,2011

    Tags: Boxing, Colorado Springs Convention and Visitors Bureau, Colorado Springs Sports Corp, Olympic Training Center, softball, Sports, USOC

    The rest of the nation knows Colorado Springs as a sports mecca, from the Olympics to mountain biking to ice hockey. Locals, however, may be unaware of the full extent of the city’s sports connection, from youth soccer to annual championships involving teams from around the world. This story gauges the economic impact of the [...] [...]

    Deal or no deal? (access required)

    by John Hazlehurst Published: March 6,2009

    Tags: City Council, COPs, LandCo, Olympic Training Center, USOC

    City appears to be in no rush to issue COPs to pay for USOC headquarters project The City of Colorado Springs has yet to market the debt instruments that will pay for its share of the cost of building new facilities for the U.S. Olympic Committee and the Olympic Training Center. The city’s commitment, estimated to be [...] [...]

    The deal (access required)

    by John Hazlehurst Published: March 6,2009

    Tags: El Pomar, LandCo, Olympic Training Center, USOC

    The U.S. Olympic Committee/Olympic Training Center project cost was originally estimated at $53.5 million. The city’s share is about $27 million, to be financed by certificates of participation. The El Pomar Foundation will kick in $2 million, and the state economic development office has agreed to provide $500,000. LandCo Equity Partners LLC had reportedly secured private funding [...] [...]

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