How the London 2012 Olympic bid is reshaping London: How the London 2012 Olympic bid is reshaping London Tony Winterbottom Executive Director, Regeneration and Development London Development Agency


Presentation Objectives : Presentation Objectives To tell you about the work of the London Development Agency (LDA) and our role in the bid to bring the Olympic Games and Paralympic Games to London in 2012 To explain how a successful Bid would transform London To explain how London is already benefiting from the bid


What is the LDA?: What is the LDA? Created in 2000 The Mayor’s economic regeneration agency – part of GLA family One of 9 English Regional Development Agencies Funded by Central Government Helps to build a thriving economy for London's people, businesses and communities


LDA Board Members: LDA Board Members Mary Reilly - Chair Rumman  Ahmed John  Biggs (Vice-Chair) Mick Connolly Michael Frye (CBE) Steve Hitchins Tamara Ingram George Kessler (CBE) Jeremy Long Eric  Ollerenshaw Lord Paul Cllr Dame Sally Powell (DBE) Charles  Secrett Yvonne Thompson (CBE) Alison  Wheaton Observers Prof. Roderick Floud John Stone


The LDA – what we do: The LDA – what we do Leads Mayor’s Economic Development Strategy for capital Intervenes in areas of need and opportunity Works with public and private sector to deliver projects Invests over £350m a year Business support and job creation role Skills development and training Key driver behind London’s major physical development and regeneration projects (Wembley, Kings Cross, Crystal Palace among others) Significant land and development interests in the Thames Gateway (170 hectares)


Example: Arsenal Ashburton Grove: Example: Arsenal Ashburton Grove LDA Projects


Example: Wembley: Example: Wembley LDA Projects


Example: Crystal Palace: Example: Crystal Palace LDA Projects


Example: Kings Cross: Example: Kings Cross LDA Projects


LDA role in the London 2012 bid - a major stakeholder: LDA role in the London 2012 bid - a major stakeholder Commissioned Arup report (2000) Est Bidco ‘London 2012’ (Jul 2003) – international sport and promotional expertise Funding bid with DCMS (up to £15m each) Land acquisition / assembly role Olympic and Legacy masterplans (Aug 2003) Community consultation Olympic & Legacy planning applications Delivery specification framework Relocation strategies Business support initiatives to ensure benefits of Games are maximised £250m to if bid succeeds


Why bid? : Why bid? A rare opportunity to deliver more for London – better and faster Speeds up plans for Lower Lea Valley – a key priority area in the Thames Gateway (TG) Faster delivery of Sustainable Communities Plan for rest of TG Huge boost for sport – elite and grassroots facilities / investment Focus for improved physical activity / health Economic benefits – jobs, skills, business opportunities, tourism Strong urban legacy – better infrastructure, facilities, homes, transport Major lever for inward investment into London and UK London 2012: A catalyst for change


Slide12: London Plan For the past 2 years the LDA and partners have been developing the Thames Gateway Development & Investment Framework Sustainable Communities Plan Thames Gateway DIF Our Partners: GLA AUU TfL ODPM TGLP EP Env Agency Housing Corp NHS LSC Understanding the Context


Slide13: Thames Gateway Area (Approx 80,000 Ha) Context


Context: Government Zones of Change: Context: Government Zones of Change Isle of Dogs Deptford & Lewisham Greenwich Peninsula Stratford/Lower Lea/Royals London Riverside Woolwich, Thamesmead, Belvedere & Erith


Context : East London View of Development: Context : East London View of Development


The Lower Lea Valley (700 Ha) -the site of the Olympic Park: The Lower Lea Valley (700 Ha) - the site of the Olympic Park View from Leamouth The site is key to progress in Thames Gateway


Slide17: Lower Lea Valley – a unique opportunity A key regeneration priority area for LDA, Mayor and Government in heart of Thames Gateway – with or without Games Strategic location linking three major development areas – Canary Wharf, Royal Docks and Stratford Four London boroughs – Hackney, Waltham Forest, Tower Hamlets and Newham Stretches from Hackney Marshes to the River Thames Just 6 miles from Trafalgar Square


Slide18: One of the most neglected and socially deprived areas of Europe: Poor infrastructure / low grade housing Very poor connectivity across the Valley Unemployment runs at 35% on some estates Low skill levels Life expectancy in Newham is the lowest of all London boroughs TB rates are five times higher in Tower Hamlets than in England and Wales A majority of children live in poverty in 23 out of 24 wards A Challenge...... The Lower Lea Valley


….but with Golden Potential: ….but with Golden Potential Already an area undergoing immense change – Stratford City, CTRL Priority area for public sector Brownfield Land Waterways and canals offer huge potential Communities are the youngest in the UK One of most diverse populations in world Excellent transport – now and planned Close proximity to central London The timing is right – political will is there The Lower Lea Valley


Slide20: The Olympic Plans


Slide21: Olympic Locations


Slide23: Main Stadium


Slide24: Aquatics Centre


Slide25: Velodrome


Slide26: Hockey


Slide27: Athletes’ Village 17,000 beds


Slide28: 10 rail lines Transport 25,000 people per hour 7 minute shuttle


Slide29: Olympic Legacy Plans


Slide30: Main Stadium To become 25,000 seat multi-purpose venue House of Sport and sports medicine Rugby club tenant Regional athletics and some international events Community use


Slide31: Aquatics Centre 2 no. 50m pools Diving pool Fitness centre


Slide32: Velodrome to be reduced to 3,000 seats Part of wider Velopark concept LVRPA will provide revenue funding Happening regardless of bid outcome


Slide33: Hockey 5,000 seat Hockey stadium strong local community interest


Slide34: Indoor arena Retained for multi-sport use Basketball courts requested by LB Hackney Potential for flexible 10,000 seat arena


Slide35: Olympic Park 9,000 new homes - 3,600 in the Village alone Sustainable communities Health facilities New schools Improved environment - largest urban park in Europe for 150 years Cleaned up waterways


London’s winning factors: London’s winning factors Mix of new & iconic venues Compelling legacy for sport and health Transport (best connected Games ever) Major regeneration impact / sustainability London: the world in one City, 300 languages Unequivocal Government / political support UK passion for sport - unrivalled anywhere Sport / athletes focussed – line by line sign off World class security Outline planning permission secured Funding package in place


So where we are now?: So where we are now? Evaluation Commission inspection process underway London was visited last week Competing against four other cities (Paris, Moscow, Madrid, New York) Evaluation Commission Report due in May / June 2005 IOC decision in Singapore on 6 July 2005


Slide38: How has London already been ‘reshaped’ as a result of Bid?


Bid Achievements : Transport: Bid Achievements : Transport Allowed Mayor to unlock £3bn extra borrowing for transport improvements


Bid Achievements : Focus on East London: Bid Achievements : Focus on East London Greater investor attention on the opportunities in east London Showcased east London opportunity to global audience Lower Lea Valley no longer anonymous backwater


Bid Achievements : Collaboration: Bid Achievements : Collaboration Important new partnerships and working relationships have been formed: Between Boroughs (JPAT) Between Government departments Between public and private sector And between all of the above


Bid Achievements: encouraged major projects: Bid Achievements: encouraged major projects Spurred on large development projects (Kings Cross) Fresh impetus / ‘focus’ to major initiatives already underway in area (Stratford City) Enabled a highly focussed and strategic land assembly programme to be delivered in Lower Lea


Bid Achievements : new best practice: Bid Achievements : new best practice A new gold standard has been set for public / private sector delivery: Olympic masterplans delivered to a timetable many said was impossible Complex Olympic and Legacy planning applications delivered and secured in record time


Bid Achievements: new facilities: Bid Achievements: new facilities Secured commitment and investment for two world-class sporting venues Aquatics Centre Velopark


So what if we lose?: So what if we lose? • Lower Lea Valley will continue to be a key priority Development & Regeneration Strategy Framework for bid legacy progressing well Will build on aspirations in Olympic & Legacy masterplans Build on the bid’s momentum and commitment to east London by stakeholders and outside investors But development will happen with less pace, less quality and less investment A successful bid makes it all happen better and quicker


Play Video: Play Video Back the Bid by logging on at London 2012.com Or text LONDON to 82012