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Metro Chamber welcomes Lt. Gov. as chair of Olympics bid committee

The Sacramento Metro Chamber welcomes the California Winter Games Committee naming Lt. Gov. Gavin Newsom as chair in its bid to hold the next available Winter Olympic Games in the Tahoe area. The announcement was made on “Olympics Day,” celebrated at the State Capitol on June 23.

The Metro Chamber board voted to support the winter games effort, recognizing that pursuing an Olympic bid offers an opportunity to highlight regional assets and strengths on the world stage. The games would provide a significant economic impact for the region and for all of California. The infrastructure investments, job creation, tourism and business development can create significant benefits for countless California communities.

“Indeed, our Study Mission to Vancouver in 2009 affirmed the job-creation, tourism and infrastructure benefits the Olympics provides,” said Martha Lofgren, Metro Chamber Interim president & CEO. “We saw how the Vancouver committee relied on outlying venues over 70 miles apart. We realized that games in the Tahoe area could include other venues in our region. The Metro Chamber looks forward to working with the California Winter Games Committee as it organizes for this bid.”

Having an Olympics in Northern California would create a large influx of media, corporate and tourist business beyond the actual game venues themselves. Months before the games, media outlets and corporate sponsors arrive to spin up their business operations. Tourists attending the games often spend extra time visiting nearby destinations.

“During our Vancouver Study Mission, we learned the Olympics brought in $800 million in direct impacts to Vancouver and accelerated hundreds of millions of dollars in infrastructure projects,” Lofgren said. “So, bidding on an Olympics in our area is well worth the effort.”

Currently, six Metro Chamber members serve on the California Winter Games board of directors. They are James Beckwith of Five Star Bank; Chris Delfino of Downey Brand; Sotiris Kolokotronis of SKK Developments; Ed Manning of KP Public Affairs; David Taylor of David Taylor Interests, Inc. and Angelo K. Tsakopoulos of AKT Development. In addition, Metro Chamber Senior Vice President of Public Policy and Economic Development Michael Faust, who is also CEO of the Northern California World Trade Center, is president of the California Winter Games Committee board.

For more information on the California Winter Games, visit calwintergames.com.

Disclosure: Hal Silliman is the communications director for the Sacramento Metro Chamber.
 

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