Sunday, January 30, 2005

Whatever happened to those 2002 Salt Lake City Olympic facilities?

The 2002 Winter Olympics left Utahns with more than just memories of torches and athletes. They also left luge tracks, hockey arenas and ski jumps just waiting to be used — and funded. This report was written by Erin Stewart and appeared in The Deseret Morning News
With initially low hopes for turning Olympic venues into viable tourist attractions, some sites are exceeding expectations as others struggle to stay afloat nearly three years after the Games.
A $75 million Olympic endowment is helping the Utah Athletic Foundation maintain Utah Olympic Park near Park City and the speedskating oval in Kearns for world championship events. The foundation is also working to bring visitors to both sites.
Other venues such as The Peaks Ice Arena, however, have had to go it alone with limited funding and lackluster public interest.
Financial difficulties at The Peaks, a Provo hockey venue that received no Olympic profits for future operations, is about to land manager Max Rabner in court over $191,409 in overdue rental payments and charges that the Seven Peaks Management Co. failed to make repairs to the arena, allowed insurance coverage to lapse and had utilities disconnected for lack of payment.
Although the ice sheet did not even begin to make a profit until this fall, Rabner said activities at the rink are flourishing. The Peaks offers youth and adult hockey programs and hosts college teams. The arena is also home to the Utah Winter Games figure skating competition, as well as indoor soccer, lacrosse and public skating.
Other former Olympic venues such as the Soldier Hollow cross-country and biathlon site have also had to be innovative to stay viable. Although Soldier Hollow was initially funded by the foundation, a private group created by the state to oversee Olympic venues, it was cut loose in June because of the foundation's tight budget.
"While we think it makes sense that we should have some of that money, that's not the scenario at the moment," said Howard Peterson, general manager of Soldier Hollow, located near Midway in Wasatch Mountain State Park. "There were very low expectations that this would be a viable location."
Now, the Soldier Hollow Legacy Foundation supports its venture solely with the $680,000 in tourism dollars generated at the site each year by about 90,000 visitors, Peterson said.
Originally created as a temporary venue, Soldier Hollow has been the classroom for 29,000 Utah youths learning to cross-country ski on its course. In addition to hosting the U.S. Cross County Skiing championships every year, Soldier Hollow has added a tubing hill and summer events such as the International Sheepdog Classic.
The Utah Athletic Foundation has tried to make good on a promise to use the Olympic facilities it still owns for recreation, national and international competition and training for everyone from beginners to world-class athletes.
Relying on interest on the endowment from the Salt Lake Organizing Committee, the foundation stretched limited funding to enhance both the Olympic Oval and the Utah Olympic Park, said Randy Dryer, who chaired the foundation until 2003.
"They've had their financial challenges. It's not like they're a Disneyland park where you can charge $60 to get in," he said. "But I think we fulfilled the mission and we did it without costing the taxpayers a dime."
While the Utah Olympic Park generates $3 million in revenues each year, that doesn't cover its $7 million in expenses.
Utah Athletic Foundation president and CEO John Bennion said the foundation is still able to run both the oval and the park with interest from the initial endowment.
Bennion added that while the park is able to stay in business now, it will have to find alternate funding in about 10 years when equipment must be replaced or refurbished.
"We're doing it, but we had to scale it back because our eyeballs were a little bigger than our wallets," Bennion said. "We're the only setup in the world that is not getting any support from the government."
The Olympic speedskating oval in Kearns has become a recreation site for residents but also doubles as a training site and competitive track for events such as the World Sprint Speed Skating Championships last weekend.
The Olympic Park offers residents a chance to bobsled, luge and ski jump, while also hosting several national championships each year and training camps for aspiring athletes. The park, which draws about 75,000 people a year, has also extended its reach into the summer months with a ski jump zip-wire and an Alpine sled track to debut this summer.
"We're making it a place with more recreation activities for non-athletes," Bennion said. "You can get the sense of the Olympics, see athletes train and then do some of it yourself." This report was written by Erin Stewart and appeared in The Deseret Morning News