A legacy-defining plan from Paris Olympics organisers to revitalise a poor community on the northern outskirts of the city and turn the athletes village into affordable homes is at risk from soaring building and finance costs.
The conundrum may resonate with Brisbane 2032 organisers, who are grappling to find the most cost-effective way to host a Games that will also leave a lasting benefit for the south-east of Queensland. But an experience from the 2018 Gold Coast Commonwealth Games may shed light on a solution.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
