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Long Beach plans to host eight Olympic events, will spend $933 million on infrastructure [Los Angeles Times (CA)]

BAYER AG S/ADR (BAYRY) 
NASDAQ:AMEX Investor Relations: investor.bayer.com
Below is a vacant lot where the old city hall was torn down two years ago, now sprouting weeds as it awaits development. In the distance, the 24-story Landmark Square towers above office buildings that last year reported a 24% vacancy rate . Under the eaves of the Billie Jean King Main Library, a few unhoused people huddle. But Richardson is energized. He is talking about the Los Angeles Olympics. “I think 2028 is a huge opportunity for our entire region,” he said. In four years, the Games will arrive in Southern California. Long Beach plans to host eight events — and an unannounced number of Paralympic events — mostly within walking distance of City Hall. (Los Angeles is hosting 16.) Once again, Long Beach — formerly known as Iowa by the Sea, partly for the Midwesterners who settled here and partly for its provincialism — will step out on the world stage, much as it did for the 1932 and 1984 Olympics. Two existing facilities, the Sports Area and Marine Stadium, will host h Show less Read more
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