Construction News

Sun July 21 2024

Related Information

Olympic Village handed over

27 Jan 12 With exactly six months to go until the London 2012 Games, the Olympic Delivery Authority (ODA) today hands over the Olympic and Paralympic Village site to the London 2012 Organising Committee (LOCOG).

Work now starts on fitting out the 2,818 apartments and the Village site to house up to 16,000 athletes and team officials.

The ODA started work on the Village in June 2008 and more than 16,500 people worked on the project.

ODA Chairman John Armitt said: 'The Olympic and Paralympic Village has been built by companies from every part of the UK, working together to ensure it was completed on time and overcoming the challenges posed by the credit crunch and economic downturn.

'We will be finishing the landscaping as winter turns into spring, and then returning after the Games to complete the transformation to create new homes for Londoners.'

After the Games, the Village will a new community to be known as East Village. Of these homes, 1,379 have been purchased by joint venture Triathlon Homes to provide affordable housing.

The remaining 1,439 properties will become private housing after being acquired by a consortium of UK developer Delancey and the Qatari Diar real estate investment company.

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »