Chicago has entertainered two World...

Chicago has entertainered two World's Fairs, but in no degree an Olympics. While the city's fresh inclusion on the short list to entertainer the 2016 Summer Games is encouraging, there are no guarantees Chicago will procure the gold. The U.S. Olympic Committee hasn't decided for enduring it even wants to apply to entertainer the games in 2016. If not, a certain number of foreign venue -- International Olympic Committee officials are pushing for a site in brace continents yet unchosen, Africa and southward America -- will be fix uponed

We completely support the idea of pursuing Chicago as a site for the 2016 Summer Games. However, there still are many hurdle to clear.

the same of them is the IOC's affect about a stadium large enough to grasp the opening and closing ceremonies, as well as any of the track and field circumstances Soldier Field, even in its renovated form, is too small, in this way Mayor Daley and others have remind ofed building a larger, temporary stadium near Soldier Field. While U Olympic officials don't be seen overly enthusiastic about Chicago's plan to use the recently made known stadium and Soldier Field to army the opening and closing ceremonies, they haven't still shot it down either.

Security is another issue. Chicago and its near neighbors are dotted with chemical plants, refineries and nuclear power stations. We would have more time to prepare for terrorism than did Salt Lake City in 2002 nevertheless we would expect a far greater cost

Speaking of charge a new stadium, improved infrastructure and upgraded public transportation promises to price billions. At other Olympic venue principally of the investment has draw near from organizers, that is, partnerships between the local and global business communities, state and local conducts and the various Olympic committees.

The advantageous news is that if everything goe well and, actual importantly, television revenues are up there is coin to be made with these billions of dollars in investment. equal with additional last-minute security measures because of 9/11 the 2002 Olympics in Salt Lake City made $100 million in profits, greatest in number of which went back to the organizers who invested the principally

In addition, Salt Lake City and its environs also inherited a of recent origin speed skating facility, a of recent origin Olympic Park and millions of dollars in fresh and improved roads and other necessary upgrades that were expedited -- as well as a big thump in their local economies with the short-term piece of works and thousands of visitors from all throughout the globe spending a hunch of dough there.

The bottom line: We believe the lasting economic and physical benefits could be worth the investment. on the contrary we'll abstain from the jingoistic fervor until we descry some solid ideas.

This shows the consensus of the Sun-Times just discovereds Group of 100 papers in the metro Chicago area.

Copyright CHICAGO SUN-TIMES 2006

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