The ODA has immediately begun a programme to demolish over 250 buildings over the next year starting with an old print works on the site of the new Olympic Stadium site.
The LDA acquired 2,200 land and property interests spread across an area equivalent to London’s Hyde Park. The LDA has supported 198 businesses to move by the end of July. The Agency also has supported 425 residents, 35 traveller families and 64 allotment holders to find new homes and premises nearby.
For the first stage, taking until summer 2008, the ODA will ‘Dig, Demolish, Design’ the Olympic Park. Work has started cleaning over 1.4 million tonnes of contaminated soil and demolishing buildings to prepare the land for construction to begin next year. the authority has already unveiled concept designs for the Aquatics Centre and Velodrome and designs for the Olympic Stadium will follow later this year.
Mayor of London Ken Livingstone said: ‘This is a truly fantastic achievement. With the world watching and many cynics predicting failure and that the 2012 Games would be jeopardized the London Development Agency worked professionally and steadily to assemble the land needed for the 2012 Games on time and budget.’