The Australian city and surrounding south-east Queensland were approved as hosts by an International Olympic Committee (IOC) session in Tokyo on Wednesday.
“Brisbane 2032 is the first future host to be elected under and has taken full advantage of the new flexible approach to selecting Olympic hosts,” IOC President Thomas Bach said in a statement.
The method encourages Olympic projects that make use of existing and temporary venues, Bach added.
The Olympics are scheduled to run from July 23 to August 8, with the Paralympic Games taking place from August 24 to September 5 across 37 venues.
Brisbane and the surrounding region are set to host or co-host a number of sporting events over the next few years, including the FIBA 2022 Women’s Basketball World Championship, the 2022 UC22 World Cycling Championships and the 2023 FIFA World Championships in football.
The region also hosted the Commonwealth Games 2018 on the Gold Coast, an area that will host some events in 2032.
“The Brisbane 2032 plan and games fit into long-term regional and national strategies for social and economic development in Queensland and Australia,” said Bach, who is currently in Tokyo for the 2020 Olympics, which was delayed by a year due to by Covid19.
The pandemic continues to overshadow the games, with a number of athletes dropping out of their events after positive tests for the virus.
It will be Brisbane’s first game, although Australia has previously hosted two: Melbourne 1956 and Sydney 2000. Brisbane’s bid for the 2032 matches was without resistance.
Opposition to hosting the Games has grown in recent decades as citizens question the long-term impact on their neighborhoods and public finances.
Opponents are complaining about an Olympic legacy from “white elephants” left behind by the rusty stadiums in Athens after the Greek capital hosted the 2004 Games, which cost $ 11 billion and became strong symbols of waste during the country’s debt crisis.
On Tuesday, Greek Prime Minister Kyriakos Mitsotakis announced a € 54 million ($ 63.6 million) project for the redevelopment of the Athens Olympic Athletic Center (OAKA).
The venue was revised for the 2004 Games, but has been running at a loss and costing the Greek state 200 million euros ($ 235.5 million) since 2005, according to a government press release. The goal is to reopen the site by 2023 and create 1,400 permanent jobs.