East London regeneration 'is goal of 2012'

Improvements in job opportunities, living environment and sporting facilities for the east of London are the true goal of the Olympics in 2012, the mayor of London has claimed.

Ken Livingstone said that the legacy for Londoners was the crucial judgement on the success of the city hosting the Olympic Games, as tenants and homeowners in Stratford and the surrounding areas look to benefit from the regeneration work underway.

Property-seekers in the area could benefit not only from new sports facilities, but also from plans to construct from 50,000 new homes in the Lower Lea Valley, of which around half will be affordable.

Mayor of London Ken Livingstone said: "When we host the Olympic and Paralympic Games in 2012, we will welcome the world to London and celebrate our fantastic city with its unique vibrancy and diversity and show the rest of the world why it is the best in the world.

"However the success of London 2012 will be judged not just by how many medals we win, but also by the legacy and the benefits we deliver for the whole of London. I am pleased to see that the legacy has already started."

Olympics Minister Tessa Jowell added: "In London, this will mean the regeneration of the East End, creating jobs and building homes and an environment to be proud of for decades to come."

Published 14th January, 2008

© 2008 Estates IT Limited

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