US Olympic Museum out of the blocks with funding package

Plans to create a US$75m museum in Colorado Springs dedicated to the Olympic movement have moved a step closer to becoming a reality, with the final pieces of essential funding reportedly now in place for the project.

According to the Colorado Springs Gazette the US Olympic Museum could break ground in the next few months after the city’s Urban Renewal Authority agreed to issue bonds partly financing construction.

The decision follows another multimillion-dollar loan received by the museum from the Colorado Economic Development Commission.

Images revealed by the museum show excavation work has begun on their downtown site on Sierra Madre Street and Vermijo Avenue. A formal groundbreaking is expected to follow shortly, and the project could be complete as early as 2018.

Designed by New York studio Diller, Scofidio + Renfro (DS+R), the 60,000sq ft (5,574sq m) museum will be dedicated to the achievements of US Olympic and Paralympic athletes.

The 20,000sq ft (1,858sq m) of exhibit space will explore the training regimens of Team USA athletes, record-breaking performances, and sports science and technology. A theatre, gift shop, café and broadcast studio will also feature.

According to DS+R partner Elizabeth Diller, the form of the building is inspired by the movement of athletes, with the structure framing a new downtown public plaza.

Anderson Mason Dale Architects will operate as architect of record for the project, while Gallagher and Associates will serve as exhibit designer, Pacific Studio as exhibit fabricator, Barrie Projects as national museum consultant and GE Johnson as general contractor.

Colorado Springs has been chosen as the location for the museum because the US Olympic Committee has been headquartered in the city for four decades and one of the country's three Olympic Training Centers is there.

The Urban Renewal Authority has expressed its belief the attraction will be a catalyst for tourism and development of the downtown area. The museum is part of City for Champions – a series of tourism projects designed to attract thousands of new visitors to Colorado Springs.

According to the Gazette, the authority will issue US$39m in bonds, which several banks will purchase. Of this, $26.1m will go to the museum, US$8.8m will help pay for public improvements to the surrounding area and the rest will be held in reserve to pay expenses related to the bond issue. The bonds are scheduled to be paid off by 2027 using state sales tax revenues.

Related stories

LA's Olympic bid team releases virtual tour of sustainable Valley Sports Park

How do you design an Olympic stadium? New exhibition explores style, structures and sustainability

Diller Scofidio + Renfro unveils Olympic Museum design

US$10m pledged for US Olympic Museum in Colorado as plans move forward

Olympic Museum back in business after $61m renovation

FEATURE: Museums – Olympic Movement

Plans to create a US$75m museum in Colorado Springs dedicated to the Olympic movement have moved a step closer to becoming a reality, with the final pieces of essential funding reportedly now in place for the project. According to the Colorado Springs Gazette the US Olympic Museum could break ground in the next few months after the city’s Urban Renewal Authority agreed to issue bonds partly financing construction. The decision
CLD,SAR,VAT,ARC,DES,DEV,INV
Designed by New York studio Diller, Scofidio + Renfro, themuseum will be dedicated to the achievements of US Olympic and Paralympic athletes / US Olympic Museum
More news
News stories: 1 - 30 of 7509     
 
 
 
News stories: 1 - 30 of 7509     
 
 
 
company profile
Company profile: Alliance Leisure Services Ltd
The company’s core business is the provision of facility development and support for local authorities, educational establishments and leisure trusts that want to improve or expand the leisure products and services they offer.
Try cladmag for free!
Sign up with CLAD to receive our regular ezine, instant news alerts, free digital subscriptions to CLADweek, CLADmag and CLADbook and to request a free sample of the next issue of CLADmag.
sign up
features
CopenHill is part of an extensive regeneration of the former industrial dockland area of Amager
"It was born from the sheer anxiety of having to submit something brilliant in a very short timescale"

How a moment of desperation led to BIG’s CopenHill, the clean power plant that’s doubling as a skiing and leisure destination. Magali Robathan speaks to the architects that made it happen

Francis graduated as a landscape architect in Belgium. He returned to Lebanon in 1993
"I believe gardens are where the soul rests"

With a focus on desert landscapes and collaborations with Zaha Hadid and OMA, the principal of Francis Landscapes has a deep belief in the power of nature

Catalogue Gallery
Click on a catalogue to view it online
To advertise in our catalogue gallery: call +44(0)1462 431385
features
The design celebrates Lefay’s key signature elements: light, space, silence and nature
"Wellness embraces the entire holiday experience"

The design of the newly-opened Lefay Resort and Spa Dolomitti in Italy aims to celebrate and protect its spectacular surroundings

Fisketorvet Copenhagen Mall
"Most clients are very focused on how buildings are used and experienced as the primary design driver"

The MD of Schmidt Hammer Lassen and the CEO of PerkinsWill tell us why their merger will help create smarter buildings driven by human behaviour

Manuelle Gautrand
"The cities where you have good cultural buildings and facilities – it’s a way for people to mix, to share the city in a much deeper way"

The French architect and winner of the 2017 European Prize for Architecture tells us why she is determined to surprise

Marianne Shillingford
"The technology involved in paint is extraordinary"

Used cleverly, colour has the power to influence how people use the spaces they inhabit, says the creative director of Dulux

cladkit product news
BIG partners with Louis Poulsen for new lighting collection
The Keglen collection is made up of four different pendants
Lauren Heath-Jones
BIG Ideas, the technology arm of renowned architecture firm Bjarke Ingles Group (BIG), has partnered with Danish lighting manufacturer Louis ...
XTU concept imagines life in the clouds
XTU's X Cloud concept is part of the Future and the Arts: AI, Robotic, Cities, Life - How Humanity Will Live Tomorrow exhibition at the Mori Art Museum in Tokyo
Lauren Heath-Jones
XTU Architects, a Paris-based architecture firm, has released images and renderings of X Cloud, a new concept that showcase a ...
Naval architect launches solar-powered floating pods
The Anthénea pod is a luxury floating suite that could be used as a spa or treatment suite
Lauren Heath-Jones
Naval architect Jean-Michel Ducancelle has designed a solar-powered floating hotel suite aimed at offering an eco-friendly and nomadic place for ...
cladkit product news
Tom Dixon collaborates with Prolicht to launch CODE lighting range
The product has three LED light sources: Dot, Dash and Grid
Megan Whitby
British designer, Tom Dixon, and Austrian architectural lighting specialists, Prolicht, have collaborated to unveil a new lighting range. Called CODE, ...
1885 Lounge at St Mary's Stadium celebrates Southampton FC's history
Rainbow Design worked closely with KSS Architects to ensure the furniture matched the design vision
Lauren Heath-Jones
KSS Architects has partnered with Rainbow Design, a London-based furniture supplier, to create the 1885 Lounge at St Mary's Stadium, ...
Barr + Wray to launch space saving hammam concept
Light shines through a striking central chandelier to create a feeling of movement
Katie Barnes
Smaller footprint. Maximum theatre. Those are the two main features of a new hammam concept being developed by wet spa ...
cladkit product news
Metalline transforms London hotel with bespoke aluminium fins
The aluminium fins will form the façade of the upcoming Minories Hotel in Aldgate, London
Lauren Heath-Jones
Metalline, an architectural metalwork specialist based in the UK, has created a range of bespoke 3D twisted metal fins for ...
Daniel Svahn creates furniture collection using repurposed table tops
The Goodies But Oldies collection features three pieces made from repurposed MDF table tops
Lauren Heath-Jones
Daniel Svahn, a Stockholm-based furniture designer, has created a new range of sustainable furnishings, made from recycled MDF tabletops. Svahn, ...
Canteen collection combines nostalgia with modern aesthetics
The Canteen collection was inspired by post-war British design techniques
Lauren Heath-Jones
Very Good & Proper (VG&P), a British furniture brand, has curated a new dining collection that combines traditional woodworking techniques ...
x
Sign up with CLAD for regular news updates