Olympic park regeneration cram

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12 Terms

1
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Stratford context

- Brownfield site in Lower Lea Valley
- 7 miles North-East of Central London.

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2011 census

- Anti-social rate of 61.6 per 1,000 people
- Crime rate of 102 per 1,000 people
- Average salary of £15,740

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Sustainable legacy

- Continued use of sporting venues
- Local benefits
- Conversion of Athletes Village
- Transport

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How was the project made sustainable?

- 37% of land is green open space
- 99% of waste is recycled
- 35 independent business operate within the village
- 10 hectares of parkland built

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Use of brownfield site

- Stadiums made of 25% recycled materials
- Five miles of the River Lee restored and reprofiled
- 97% of destroyed material reused
- 110 acres turned into reedbeds, woodland

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Contributors to cost

- Estimated cost of £10 billion.

- Central government: £5.975 bill
- National lottery: £2.175 bill

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Positive social impacts

- AV converted into 1,200 affordable homes
- 31,000 jobs created by FDI
- Sports venues open to public

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Positive environmental impacts

- 560 acres of brownfield cleaned and repurposed
- Majority of grounds kept as public parkland

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Positive economic impacts

- East London received £9bill of investment/FDI
- Lloyds estimated the game brought £10bill in extra income
- Stratford became the 2nd most connected area of London

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Negative social impacts

- Cost of living increased
- 450 Housing association flats torn down
- Locals pushed out of the area

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Negative environmental impacts

- Planned wind farm was scrapped
- Games produced 3.3mill tonnes of CO2
- Exsisitng wildlife had to be relocated, including 4,000 newts

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Negative economic impacts

- Venues cost over 3x their budget
- 380 businesses had to relocate
- 900 jobs were lost/relocated