2013
2030
The Queen Elizabeth Olympic Park
Will be 560 acres (226 hectares) in size – equivalent to Hyde Park or 357 football pitches.
Costs – transformation
Around £300m will be spent on transforming the Olympic site into a new piece of London after the Games. The project is called ‘Clear, Connect, Complete’.
This money is spent on:
- Clearing Games overlay including temporary venues, walkways and stands.
- Connecting the Park to the surrounding areas with new roads and pathways.
- Completing the Park’s venues to their legacy designs.
Investment
The development of the Queen Elizabeth Olympic Park is acting as a catalyst for regeneration for the whole of east London. £12.5 billion has been invested into the Stratford area by the public and private sectors (not including the cost of building the Park).
Examples:
- £1.45bn project Westfield (employs 10,000 people, at least 2,000 previously unemployed local people).
- £1.3bn Lend Lease development of the International Quarter
- £200m invested in Stratford Regional Station
- £10million invested in upgrading pedestrian and cycle routes to Olympic venues.
Source: http://www.londonlegacy.co.uk/news-and-resources/key-facts-and-figures/
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