Centennial Olympic Park was created as a 21-acre gathering spot for visitors and residents to enjoy during the 1996 Summer Olympic Games. It's estimated $75 million in development costs came entirely from private-sector donations - contributions in the form of commemorative bricks, funds raised by the Metro Atlanta Chamber of Commerce, and local philanthropic foundation grants. Following the Olympic Games, a large portion of the park was closed and redesigned for daily public use. Today the park performs a dual mission: it serves as Georgia's lasting legacy of the Centennial Olympic Games, and it anchors efforts to revitalize residential and commercial development in Georgia's capital city of Atlanta. The Park sponsors community-wide free events, including the Fourth of July Celebration and Fourth Saturday. The Park also hosts festivals, fundraisers, and private events. These events, in addition to the normal day-to-day traffic, bring an estimated three million visitors to this urban oasis each year.
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