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||Mayor of London > Mayor's Priorities > Olympics > Olympic Park Legacy Company and Board of Advisors|
Olympic Park Legacy Company
The Olympic Park Legacy Company has now been established with the Mayor and Government as shareholders. The Board of the Legacy Company is being put in place and will replace the Mayor's Legacy Board of Advisors, which had its last meeting in May 2009.
Olympic Legacy Board of Advisors
In October 2008 the Mayor of London, Boris Johnson, announced the appointment of a Legacy Board of Advisors to assist him in securing the best possible future for London after the 2012 Games.
The Legacy Board members are:
The Board advises the Mayor on all aspects of the legacy programme for London.
In particular, it focuses on the proposals for physical development and regeneration in and around the Olympic Park after the Games and the business plan for the Olympic Park and legacy venues. It advises the Mayor on how to maximise the regeneration benefits for existing and new communities in East London while ensuring an appropriate return on the public investment in the Park. It also focuses on high standards of management and maintenance of the Park and venues while delivering viability, affordability and the best possible use of the venues by Londoners and by elite athletes.
The Mayor is also asking the Board to consider proposals for establishing a separate vehicle to secure development and investment, in particular from the private sector, in high-quality regeneration in and around the Olympic Park. The Mayor’s objective is to work with partners to establish this vehicle in 2009.
In addition to the physical renewal of the area, the Board will, in liaison with the five host boroughs, central Government and key delivery agencies, advise on the wider sporting, cultural and educational legacy that will help further transform the area into a vibrant new district of London.
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