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Colorado Springs Urban Renewal Authority
  • HOME
  • ABOUT CSURA
    • Welcome
    • Board of Directors & Staff
    • Mission & Goals
    • Conflicts Of Interest
    • Definitions
    • By-Laws
    • Public Participation
    • Urban Renewal Authorities (URA's) in Colorado Municipalities
  • MEETINGS
    • 2023/2024 Meeting Schedule
    • 2023 Meeting Agendas & Minutes
    • 2022 Meeting Agendas & Minutes
    • 2021 Meeting Agendas & Minutes
    • 2020 Meeting Agendas & Minutes
    • 2019 Meeting Agendas & Minutes
    • 2018 Meeting Agendas & Minutes
    • 2017 Meeting Agendas & Minutes
    • 2016 Meeting Agendas & Minutes
    • 2015 Meeting Agendas & Minutes
    • 2014-2010 Archived Agendas and Minutes
    • City For Champions RTA Board Agendas
  • ACTION ITEMS
    • CSURA Annual Budget
    • Public Hearing Notices
    • Impact Reports
    • Open Records Request
  • REDEVELOPMENT
    • Urban Renewal Process
    • Application Requirements
    • Public Art Goal
    • Affordable Housing Goal
  • PROJECTS
    • Project Locator Map
    • Project Status Report
    • City For Champions
    • C4C - William J Hybl Sports Medicine and Performance Center
    • C4C - Sports and Event Center
    • C4C - USAFA Visitor Center
    • C4C - US Olympic Museum
    • City Auditorium Block
    • CityGate 2.0
    • Gold Hill Mesa
    • Gold Hill Mesa Commercial
    • Hancock Commons
    • Ivywild Neighborhood
    • Museum and Park URA
    • North Nevada Avenue
    • Panorama Heights/Almagre
    • Polaris Pointe/Copper Ridge
    • Project Garnet/Entegris
    • South Nevada Avenue
    • Southwest Downtown
    • Tejon and Costilla Urban Renewal Plan
    • True North Commons
    • Vineyard Property
    • Lowell/South Central Downtown
  • WHY DO BUSINESS IN COLORADO SPRINGS
  • LINKS
  • CONTACT US
Colorado Springs Urban Renewal Authority
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United States Olympic and Paralympic Museum
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The United States Olympic Museum will honor the Olympic and Paralympic ideas, document the history of the United States Olympic and Paralympic participation, and celebrate the achievements of the United States Olympic and Paralympic competitors.


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​A 60,000-square foot museum that will include a first-of-its-kind tribute to the 1980 U.S. Olympic team is scheduled to open July 30 in Colorado Springs after a three-year construction project.
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The U.S. Olympic & Paralympic Museum will feature 12 galleries that include exhibits on athlete training, the Summer and Winter Games and the USOPC Hall of Fame.

The project was conceived in 2012, as Olympic leaders looked to establish the first full-fledged Olympic museum in the United States. The Olympic Training Center, located a few miles from the museum in downtown Colorado Springs, draws more than 130,000 visitors a year but had limited exhibit space.

At the groundbreaking for the museum three years ago, leaders said they were hoping to draw up to 350,000 a year, though the coronavirus pandemic will have an impact on attendance. The museum is putting safety precautions in place that will include a timed-ticketing program designed to limit the number of people in any exhibit at one time.

The project is estimated to have cost around $91 million, which is about $15 million over the figure reported by The Associated Press at the groundbreaking in 2017. The increased cost is to cover state-of-the-art technology that will allow each visitor to receive a near-personalized experience. For example, visitors will be able to pick a favorite sport or athlete, and a chip embedded into their ticket will prompt specific content to come up at each exhibit. The museum will also have an interactive map that allows visitors to learn about the more than 12,000 athletes who have competed for Team USA.

The effort to create the U.S. Olympic and Paralympic Museum  began in 2013 and after years of foundational work, construction on the project began in June of 2017.  In 2014, the USOM signed a renewable agreement with the U.S. Olympic Committee granting a 30-year relationship for the operation of the Museum.  Established as the lead project in the City for Champions initiative, the U.S. Olympic Museum will:
  • Serve an estimated 350,000 annual visitors, of which 60% to 80% are projected to visit from out of state
  • Create 40 to 60 new permanent jobs with salaried between $30,000 and $100,000
  • Generate an estimated $28.3 million in new sales tax revenue over 30 years
The Museum hired nationally recognized and locally grounded professionals to design and build the 60,000 square-foot Museum, and has engaged U.S. Olympic and Paralympic athletes in content and exhibition development.

​The Museum has received financial commitments from many local, state and national bodies.  In addition to private donors, three local banks teamed up to buy bonds issued by the Colorado Springs Urban Renewal Authority, secured by a state-approved tax increment arrangement, and $26.2 million has been contributed to support the construction of the Museum.  

The Museum will further establish Colorado Springs as Olympic City USA.  It will become a premier cultural destination, welcoming people from near and far, and of all ages and backgrounds, to come together in the spirit of the Olympic and Paralympic Games.
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Res. 01-23 approving USOPM Tax Increment Revenue Bonds
File Size: 10297 kb
File Type: pdf
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USOM Bond Doc Resolution
File Size: 69 kb
File Type: doc
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USOM Bond Funds Investment
File Size: 238 kb
File Type: pdf
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USOM CSURA Reimbursement Agreement 040717
File Size: 37 kb
File Type: docx
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City SW Downtown Reimbursement Memorandum
File Size: 39 kb
File Type: docx
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USOM Indenture
File Size: 156 kb
File Type: docx
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Amendment to Engagement Letter 011617
File Size: 105 kb
File Type: pdf
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USOM SWDT MOU revised 020716
File Size: 26 kb
File Type: docx
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Colorado Springs Urban Renewal Authority

Phone: ​719-385-5714

Mailing Address:
PO Box 1575, MC 628
Colorado Springs CO 80901-1575

Street Address:
30 South Nevada Avenue
Suite 604
Colorado Springs CO 80903
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