Firm for post-2012 future
Katharine Barney06.02.09
A company is to be set up to deal with the venues and surrounding area after the 2012 Games. It will be in charge of creating thousands of homes and jobs, sporting, education and cultural facilities as well as an urban park.
A search has now begun to recruit a chairman and chief executive to send the message that the Government is looking seriously at the future of the area.
The company's remit will include securing a future for the venues that remain and creating urban centres and green open spaces.
It will drive a programme of development and regeneration over two decades. The new company will take over the legacy work of the London Development Agency. One of its first tasks will be to oversee the submission of the planning application for the Olympic Park during the summer.
Olympics Minister Tessa Jowell said: “Setting up this company is a vital step and will help ensure a lasting legacy of jobs, homes and world-class sporting facilities on the Olympic Park.”
Reader views (7)
We have to accept that they are now going to happen but please bulldoze the whole site afterwards and create a park. Do not waste money maintaining the facilities that will just fall into disrepair costing yet more money....
- DC, London
This Olympic games will be a profitable one for all.So,to all that moan about taxpayer costs,GET OVER IT AND ENJOY THE LONDON 2012 OLYMPICS.WE WILL GAIN THE MONEY BACK.
- H.J.Jones, London UK
Cant wait, lets stop moaning and get behind it, it will be great for the UK
- David, Madrid
"From the comments posted over the last few months it is clear that 90% of tax payers did not want London to win the bid" - rubbish - only people who complain bother to post here. Extrapolation of the comments to the whole of the UK population is inaccurate and naive. You could be a politician RF of Yorks given your ability to deceive with statistics.
Bring on the games !
- Graham, Fleet, Hampshire
From the comments posted over the last few months it is clear that 90% of tax payers did not want London to win the bid, but Jowell, Coe, Livingstone and the others saw it as a tremendous boost to their already over-inflated egos. Now we are faced with crippling debt which will take several decades to repay. Unfortunately those who got us into this mess are too stubborn to admit their mistakes.
- R.F., Yorks, UK
The whole Olympic thing has grown into a malignant tumour. A growth which sucks the blood from the idiotic victim. ie: The Public of whichever country is landed with the wretched pointless thing. If the Corinthians and Athenians could see what a mess it is, they would laugh heartily.
All that farting about for a week or two of dreadful television? The remaining tatty buildings will be useless for anything else and should be destroyed immediately after the event, IF IT SHOULD ACTUALLY HAPPEN. Please Athena - let it not go ahead on this scale. It is only for the glorification of those parasitic Olympic officials in their idiotic blazers.
Alex Mac
- Alex Mckenna, Manchester
As soon as the budget was published and I knew the wretched Jowell woman and Coe were involved I said this nonsense will end with a cost of £20bn, and run late, with faults.
How will the damned games in London help our youth in their chosen sports rather than if they were in Paris ? What a stupid cost. Is it really worth it involving keeping many tourists out of London ?
- Michael Waugh, South Kensington
Afternoon:
15°c
























