This is What Communities and Local Government are saying:
Regeneration and economic growth
What the Olympic legacy means for East London
The Games will physically transform this part of London putting in place improvements to infra-structure, as well as the Park itself, that will help drive renewal and regeneration in the area. It has replaced over 740 acres of polluted, low-grade industrial land and premises with:
- new sports venues
- a spectacular new waterside park
- a new village of 2800 dwellings
- an improved local rail network
- new state of the art utilities and
- over 100 acres of development land.
These are added to an existing mix which includes:
- Stratford City (Europe’s largest shopping centre)
- Stratford International (high speed passenger station)
- Canary Wharf
- The O2 arena and the ExCeL London exhibition centre.
With Crossrail to follow in 2018, the business potential of the area will be transformed. It will place Stratford firmly on London’s business map, as a metropolitan focus for sport, shopping, leisure and tourism and for international, creative digital and media business.
The Greater London Authority predict that over 30,000 new homes will be built in the wider Olympic area over the next 20 years, with more than 7,000 in the Olympic Park site itself. New and existing residents will have access to:
- one of the most spectacular urban parks in the world
- a new Polyclinic providing a wide range of health care services in one place
- Chobham Academy – a new all age academy and the new Birkbeck/University of East London higher education college
- improved rail access to all parts of London and beyond
- some of the best shopping and leisure facilities in London
- new sports facilities.
Other important local town centres and open spaces, including Victoria Park, Hackney Marshes and Cutty Sark Gardens, are being regenerated and the water quality of the Lower Lee improved.
The development of the Olympic and Paralympic Games has been used to provide jobs and training for local people, and programmes such as the Local Employment Skills and Training programme (LEST) are being rolled out more widely across east London. In addition, local boroughs, the Mayor, and other agencies, are working together more closely, with Government’s support, on programmes to address the deep seated social disadvantage experienced by many of the local population. Educational attainment, skills, worklessness, crime levels, health disparities and life expectancy are all being targeted.
Stratford and its surrounds
The Stratford district of East London, as well as providing the main setting for the London Olympic and Paralympic Games in 2012, is also the focus of what is probably the UK’s premier growth and regeneration programme.
Stratford has been London’s priority for regeneration and development for decades. The district has enormous development potential, and wider regeneration value, but was hampered by strategic problems (fractured land ownership, land contamination and overhead pylons) which left it blighted. It housed mainly low grade business, with modest employment value and growth potential. The Olympics provided the motivation to finally get a grip on this opportunity.