2010 Olympics Venue Developments

The 2010 Olympics – Building Venue Construction

UBC Ice Hockey arena: The venue will host ice hockey during the Olympic Games and ice

sledge hockey during the Paralympic Games. It is being built by UBC. The venue is scheduled

for completion in summer 2008.

Richmond Oval: The venue is being built by the City of Richmond. The venue will host speed

skating. The venue is scheduled for completion in fall 2008

Whistler Olympic and Paralympic (Athletes) Village: The Village is being built in partnership

with the Resort Municipality of Whistler (RMOW). VANOC’s contribution to the project is $37.5

million. The RMOW is funding the balance of the project, the costs of which will be recouped

from the sale of housing units after the Games. The venue is scheduled for completion in fall

2009.

Vancouver Olympic and Paralympic (Athletes) Village: The Vancouver Olympic and

Paralympic Village is being built in partnership with the City of Vancouver. VANOC has granted

$30 million towards the overall cost of the project. The COV has contracted the construction of

the village to a third-party developer that will recoup the cost through the sale of housing units

after the Games. The venue is scheduled for completion in fall 2009.

Whistler Broadcast and Press Centre: This venue will be used as a broadcast and press

centre during the Games. VANOC has made a contribution towards the upgrading of the facility,

the Whistler Conference Centre, by Tourism Whistler.

Training Venues / Other Grants: The budget includes VANOC contributions towards the

upgrades of the Trout Lake and Killarney ice facilities in east Vancouver, both of which will be

used as training locations for various sports during the Games. In addition the budget includes a

grant to the RMOW.

Hillcrest Curling Venue: The venue is being built in partnership with the City of Vancouver. It

will host curling during the Olympic Winter Games and wheelchair curling during the Paralympic

Winter Games. VANOC’s contribution is $38.0 million. The venue is scheduled for completion in

fall 2008.

Whistler Athlete Centre: The venue is being built in conjunction with the Whistler Olympic and

Paralympic Village. Venue construction is VANOC’s responsibility and will be used to house

athletes training in Whistler both pre-, during and post-Games.

Whistler Sliding Centre: The Whistler Sliding Centre will host bobsleigh, luge and skeleton

events. VANOC is responsible for the venue’s construction which is scheduled for completion by

the end of 2007. VANOC will operate the venue up to, and including, Games time, while the

Whistler Legacies Society will own and operate the venue post-Games.

Whistler Nordic Competition Venue: The venue will host cross-country skiing, Nordic

combined, ski jumping and biathlon events during the Olympic Winter Games and cross-country

skiing and biathlon during the Paralympic Winter Games. Located in the Callaghan Valley, the

venue is scheduled for completion in fall 2007. VANOC is responsible for the construction of the

venue and will operate the venue through to Games time. The Whistler Legacies Society will

own and operate the venue post-Games.

Cypress Freestyle and Snowboard Venue: The venue will host freestyle skiing and

snowboard competitions. Scheduled for completion in fall 2007, the project is VANOC’s

responsibility. Significant budget components include upgrades to the mountain’s snow-making

systems, construction of the snowboard half-pipe and earthworks and landscaping to the

snowboard and freestyle competition courses. The freestyle courses became the first 2010

Winter Games site to be competition-ready in November 2006.

Whistler Alpine (Whistler Creekside): Located on Whistler Mountain, the alpine venue will

host alpine skiing events. The budget includes upgrades to the snow-making capabilities on the

course and course improvements including earthworks and landscaping. The venue is

scheduled for completion in fall 2007.

Hastings Park Skating Venue (Pacific Coliseum): The venue will host figure skating and

short track speed skating. The project budget includes allowances for upgrades to the venue

including expansion to an international-size ice surface and upgrades to the ice plant. The

venue is scheduled for completion by the end of 2007.

Other: Includes amounts for certain BC Place Stadium improvements, sustainability

enhancements at various venues and general venue program administration and overhead

costs.

Venue Construction Contingency: The venue construction budget currently contains its own

current central contingency of $55.3 million to offset any risks still inherent in the completion of

the various projects. This contingency is separate from the $100 million Games operating

contingency. It is expected that by the completion of all of the venue projects, most of the venue

contingency will be used. Utilization of the contingency is governed by the Performance and

Accountability Agreement with the Province of BC and conditions placed on VANOC by the

Government of Canada.

Sponsor VIK Contribution: The VANOC Operations budget is contributing $6.8 million of VIK supplied by its sponsors.

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