Olympic Legacy
Earlier this year the London Legacy Development Corporation (LLDC) was established to deliver the physical, social, economic and environmental regeneration in the Queen Elizabeth Olympic Park and surrounding area after the 2012 Games. The new mayoral body takes over from a number of organisations and will have planning powers from October 2012.
Much work has been carried out to ensure that there is a future for each of the permanent venues in the park.
The Stadium has received four bids: from West Ham United, Intelligent Transport Services in association with Formula One, UCFB College of Football Business and Leyton Orient. They are now being evaluated ahead of negotiations. These bids would add to the legacy uses already secured for the Stadium such as host to the IAAF 2017 World Athletics Championships.
The Aquatics Centre will be operated by Greenwich Leisure Limited and will cater for all levels of swimming ability and aquatic disciplines for the community and training athletes. Similarly the Handball Arena LINK will be transformed into a multi-use arena used for a wide range of indoor sports training and competitions as well as cultural and business events.
The Velodrome will be owned and managed by Lee Valley Regional Park Authority and will be known as the Lee Valley VeloPark. The velodrome will need very little transformation and will become the hub of the VeloPark. The BMX track will remain, but be reconfigured, and a road cycle circuit and mountain bike courses will be added.
The Press and Broadcast Centre now has a preferred bidder iCITY to become the long term tenant. iCITY aims to create a leading centre for technology, design and research with the potential to generate more than 4,000 jobs. The digital hub would harness innovation and creativity in east London. The iCITY vision also has a community focus including a conference centre and a pedestrian square for broadcasting major sporting events, along with cafes, restaurants and bars.
After the 2012 Games, the park will be closed and works will start to take down temporary venues and to adapt some of the existing venues for future use, as well as building more housing. The park will be re-opening in phases starting in 2013. This link shows the timeline for the next stages at the Park.