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World

Rio's Olympic village may have a limited legacy

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World

Rio's Olympic village may have a limited legacy

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COMING UP:Rio's Olympic village may have a limited legacy

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00:00:01
>> This state of the art Olympic athlete's village is meant to transform into one of Rio's newest housing communities once the Olympics are over. A bustling legacy of the 17-day sporting event. Ilia Pura, or Pure Island, is an $880 million project with 31 buildings fountains, tennis courts, and swimming pools.
00:00:23
But despite the amenities, Rio's residents are not rushing to buy these luxury condos. Rueter's Reporter Stephen Eisenhammer is in Rio de Janeiro.>> The issue has been that with the crash in the Brazilian economy, they haven't really managed to sell many of these apartments. They were meant to sell about 1,000 by this point.
00:00:41
They've only sold 240. And that's out of a total of 3,600 apartments.>> The largest athlete's village in the history of the games was originally planned when Brazil was booming. The Brazilian government hoped that the infrastructure built for the Olympics would improve life for Rio's residents for years to come.
00:00:58
But it hasn't played out that way.>> The really sad thing about the Olympic Park is that the hundreds and hundreds of families that were moved from the favela or the slum that's just on the side of the Olympic Park, to make way for access routes for that.
00:01:12
A lot people there complained that they have been removed just for a 17-day event. I really question about whom the Olympics in Rio are helping. The idea was that the Olympics in Rio would be a more sustainable and affordable version of the games. In comparison to London or Beijing but the problem with the private sector now having and selling a lot of these developments shows that there's still a long way to go before we work out a sustainable version for hosting the Olympic games.
00:01:42
Amid deepening concern over the high cost of the Olympic games, it's no surprise that half of Brazilians now say they're opposed to hosting the Olympics that begin in less than three weeks