Wednesday, November 07, 2012
This morning the London Legacy Development Corporation appeared before the budget committee to lay out their plans for the Olympic site. This is currently closed to the public to enable removal of some venues and reconstruction of others. We were told that the reopening timetable is as follows:
December 2012 - the Greenway will reopen providing a walking corridor through the site, linking Hackney Wick and Stratford.
July 2013 - the North Park will reopen along with the 'Copper Box' venue which will host indoor sporting facilities.
Christmas 2013 - the iconic Velodrome will reopen.
April 2014 - the swimming pool will reopen minus the two wings of temporary seating installed for the games.
At that point only the Stadium will remain closed to the public.
Away from the venues, five large sites are to be developed for housing, creating an estimated 7,000 new homes. Expected receipts from sales will be around £1.1 billion, and the first plans for the Chobham Manor site are now under way. The athletes' village will provide another 2,800 homes when refitting is complete. The LLDC expect high demand to drive property values up, allowing them to provide high quality homes.