Youth Olympic Games YOG, and four of them include bringing together the world's best young athletes, offering an introduction into Olympism, innovating in educating and debating Olympic values. The city of Singapore was announced as the host of the inaugural Summer Youth Olympics on 21 February 2008. On 12 December 2008 the IOC announced that Innsbruck, host of the 1964 and 1976 Winter Olympics, would be the host of the inaugural Winter Youth Olympics in 2012. The scale of the Youth Olympic Games is smaller than that of the Olympics, which is intentional and allows for smaller cities to host an Olympic event.
Chicago bid for the 2016 Summer Olympics and the media. IOC president Jacques Rogge praised Chicago's design in November 2007 as a possible "blueprint for the future", reflecting the desire of the IOC to make the games both more affordable and to have a smaller ecological footprint on the host city. The Olympic Village for housing athletes during the games would have been a $1.1-billion series of newly constructed lakefront buildings that would have been converted to rental and condominium units after the games. The village was to be located immediately south of McCormick Place, which was expected to host 11 event venues, on a current truck