Following the Olympic and Paralympic Games, the London Legacy Development Corporation (LLDC) has begun a £300m construction project to transform the Olympic site into the Queen Elizabeth Olympic Park.
This will involve removing temporary venues, transforming permanent venues into everyday use, building new roads and bridges and the first neighbourhood.
The Queen Elizabeth Olympic Park will be a new visitor destination. Iconic venues and attractions will sit alongside new homes, schools and businesses, amongst open green spaces and pieces of art in the heart of London's East End.
The new Park will open in phases from 27th July 2013, exactly one year after the opening ceremony of the London 2012 Games.
The LLDC was set up three years before the Games in 2009. As a result, legacy plans for the Queen Elizabeth Olympic Park are more advanced than any previous host Olympic City:
- The future of six of the eight permanent venues has already been secured (Aquatics Centre, Orbit, Multi-Use Arena, Olympic Village, Velodrome, Eton Manor).
- The work to complete the remaining two (Stadium and the Press and Broadcast Centre) are in advanced stages. They will be developed so they can be adapted for commercial use after Games.
- The Park will offer sporting programmes for everything from grass roots community use to high performance competitions.
- The cost of a swimming in the Aquatics Centre or court hire in the Multi-use Arena will be the same as that of a local leisure centre.
- There will be up to 8,000 permanent jobs on the park by 2030 plus 2,500 temporary construction jobs
- Training and apprenticeships with a focus on opportunities for local people
- Five new neighbourhoods developed over 20 years
- Up to 8,000 new homes in addition to the 2,800 in the athletes village
- A target of 35% affordable housing
- Three schools, nine nurseries, three health centres, 29 playgrounds
- Direct connections to a third of London's rail and underground stations.
- There are nine public transport lines feeding into Stratford station. After the Games this will increase to 10. This means that a train could arrive at the station every 15 seconds.
- By 2016, it is estimated that the number of passengers using Stratford station each morning will reach 83,000.
- Over 22 miles of interlinking pathways, waterways and cycle paths.
- 252 acres (102 hectares) of open space.
- 6.5 kms of rivers and canals running through the Park
- 111 acres (45 hectares) of biodiverse wildlife habitat on the Olympic Park, including reedbeds, grasslands, ponds and woodlands, with 525 bird boxes and 150 bat boxes.