Construction Location
The Olympic Village will be located in the Olympic Green Area B. The area in the north is planned to be a forestry park of 680 hectares, which will be very close to the sports venues to be built like the National Gymnasium, National Stadium and National Swimming Center.
Construction Size and Content
The Olympic Village, with a floor area of 360,000 m2 and an Olympic Overlay of 110,000 m2 , includes residential apartments and an international area which will provide accommodation for athletes and coaches during the Olympic Games.
The Olympic Village is also furnished with the following facilities:
Restaurants: 3 restaurants, two are located in the residential area the other is in the international area.
Commercial entertainment facilities: comprised of shops, post offices, cinemas and libraries.
Local community services: local community 24 hour service center and clinics.
Training Section: it is a training venue for track and field, basketball, volleyball, football, swimming, and weight lifting.
Logistics Service Facilities: The Olympic Village is installed with complete logistics service facilities.
Olympic Square: It is a place for the athletes to host cultural and entertainment activities.
Project Construction Progress
According to the construction plan for the Olympic Village, the project could roughly be divided into the following stages: preparation works, tender for Ownership, approval of the project proof, and construction of the project.
The Olympic Village Construction Timetable is as follows:
| Year |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 |
| Construction Works |
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| Preparation Works |
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| Tender for Ownership |
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| Approval from the government |
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| Construction schedule |
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Assessed Investment
The investment for the construction of the Olympic Village is assessed to be RMB 3.3 Billion
Financing
Pre-assessed investment for the National Stadium is RMB 3.3 billion. The owner will raise the fund.
Post-Olympic Use
After the Olympic Games, the Olympic Village will be a permanent residential area. Beijing is a rapidly developing city. The Olympic Village, through its proximity to the downtown areas, large sports facilities of international standard, pleasant environment and efficient public utilities, will serve as the most fitting residential area that Beijing residents are longing for.
Post-Olympic use includes the following:
- The athletes' apartments will be open for commercial sale.
- The service staff's resting area will be adapted to a place for the residents' public use.
- Restaurants, entertainment and service facilities will be changed to become leisure and entertainment center or other related use for the convention center.
-The medical center will be converted and used as a kindergarten. The athletes' training venue will be adapted to be an international school.
Ps. The National Gymnasium and Olympic Village will be bundled together for the ownership tender. |
