Today, the world gets its first glimpse of the future home built for the Rio Olympic competitors.
The 2016 Olympic Village is located in the Barra da Tijuca suburb of Rio. The village holds seven compounds with 31 buildings all stretching to 31 stories tall. Each building contains 3,604 flats with more than 18,000 beds. The entire village can house an estimated 17,950 people and spans 200,000 square meters.
The compound also includes a 72,000 square-meter park and a 5,500 square-meter reflecting pool.
In all, the entire project cost around $835 million. According to the AP, the Village will open up to buyers as a luxurious condominium complex after the Olympics, with one unit costing up to $700,000.
Check out images from the opening ceremony in the gallery above, and get a glimpse of Rio’s Olympic Park here.
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Overview of the Village
Alexandre Loureiro/Getty
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The president of the International Olympics Committee Thomas Bach walks with refugee judo athletes Yolande Mabika and Popole Misenga on the village grounds.
Getty/Pool
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Overview of the Village during the event where the Mayor Eduardo Paes Delivery the Athletes Village to the Rio 2016 Committee.
Getty/Alexandre Loureiro
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Workers walk down the road after the opening ceremony at the Olympic Village.
Getty/Pool
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Construction progress takes place at the Ilha Pura housing complex, the future site of the Athletes' Village in the Barra da Tijuca neighborhood with six months to go to the Rio 2016 Olympic Games on February 2, 2016 in Rio de Janeiro, Brazil.
Getty/Matthew Stockman
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Journalists and workers take photos before the opening ceremony at the Olympic Village.
Getty/Pool
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Rio 2016 Olympic Games Organising Committee President Carlos Arthur Nuzman speaks during the event where the Mayor Eduardo Paes Delivery the Athletes Village to the Rio 2016 Committee on June 15, 2016 in Rio de Janeiro, Brazil.
Getty/Alexandre Loureiro
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(L-R) Rio de Janeiro's Major Eduardo Paes, IOC President Thomas Bach, IOC Chair of the Commission for the Rio 2016 Nawal El Montawakel, Rio 2016 Olympic Games Organising Committee President Carlos Arthur Nuzman and Minister of Sports Leonardo Picciani during the event where the Mayor Eduardo Paes Delivery the Athletes Village to the Rio 2016 Committee.
Getty/Alexandre Loureiro
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(L-R) Minister of Sports Leonardo Picciani, Rio de Janeiro's Major Eduardo Paes, Rio 2016 Olympic Games Organising Committee President Carlos Arthur Nuzman and IOC President Thomas Bach during the event where the Mayor Paes delivers the Athletes Village to the Rio 2016 Committee.
Getty/Alexandre Loureiro
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A view of buildings at the Olympic Village.
Getty/Pool