2012 legacy accounts for 75% of ODA spending

Olympic Delivery Authority chairman John Armitt has underlined that three quarters of the ODA’s spending is already being put towards the long-term regeneration of East London.

Speaking at a Foundation for Science and Technology debate last night, Armitt said that 75p in every £1 was being put towards the legacy of the 2012 games. This includes spending on the current delivery of permanent infrastructure, venues and transport links in and around the Olympic Park, and on the future development of the park for use after the 2012 Games, coupled with wider social regeneration.

Armitt said: “We are working closely with the LDA as they carry out widespread consultation with the communities that surround the Olympic Park, businesses and individuals about the long-term use of the park and venues after the Games as well as the development of land around the park.”