Land acquired for Olympic Park will be handed over to ODA in two days
The London Development Agency (LDA) has completed assembly of all the land required for the Olympic Park.
The land will be formally handed over to the Olympic Delivery Authority (ODA) in two days time.
David Higgins, ODA’s chief executive, said: “This is a project without precedent. Twice the size of Heathrow T5 in half the time and one of the biggest construction jobs in the world. Now we will have full control of the site the pace of work can really accelerate.”
The LDA has acquired in excess of 2,200 land and property interests spread across an area equivalent to London’s Hyde Park as well as secured the future of 4,750 jobs in the last two years. This includes relocating 208 businesses, 425 residents, 35 traveller families, 64 allotment holders and the entire Eastway cycle circuit.
Manny Lewis, chief executive at the LDA, said: “For three years we have supported a range of individuals, communities and groups through the relocation process. By helping businesses find new sites we have so far safeguarded 98% of jobs and in every case we will continue to offer support as people settle into their new homes and premises."