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London 2012 site work 'on time' | London 2012 site work 'on time' |
(about 3 hours later) | |
One year after construction of the London 2012 Olympic site began, organisers have said building work is on time and on budget. | One year after construction of the London 2012 Olympic site began, organisers have said building work is on time and on budget. |
The 500-acre site in Stratford, east London, will include a stadium, Aquatics Centre and Olympic Village, to house athletes during the Games. | The 500-acre site in Stratford, east London, will include a stadium, Aquatics Centre and Olympic Village, to house athletes during the Games. |
The Olympic Delivery Authority (ODA) said preparations were "on track". | The Olympic Delivery Authority (ODA) said preparations were "on track". |
The ODA plans to finish construction by 2011 to give it one year to run test events on the site. | The ODA plans to finish construction by 2011 to give it one year to run test events on the site. |
Building work for the 80,000-seat Olympic stadium is four months ahead of schedule, London 2012 chief Lord Coe said. | Building work for the 80,000-seat Olympic stadium is four months ahead of schedule, London 2012 chief Lord Coe said. |
It has been a fantastic effort to get us this far Lord Coe | |
The original budget for the 2012 Olympics was £3.4bn but this was increased to £9.3bn in 2007. | The original budget for the 2012 Olympics was £3.4bn but this was increased to £9.3bn in 2007. |
Organisers said 105 of 112 steel terracing supports have been fixed to hold the 55,000 seats in the upper tiers, and 5,200 of 12,000 pre-cast concrete terracing units for the seating are so far in place. | |
ODA chairman John Armitt said: "One year on from the start of the 'big build' the Olympic Stadium is on track and already becoming a feature of the east London skyline. | |
"The steady and safe progress is a credit to the team on site and their suppliers across the UK. | |
"The stadium is on schedule to host the opening ceremony... and become a high quality facility in legacy for athletics and other sports." | |
Lord Coe said: "The Olympic Stadium will become the heartbeat of the Olympic Park in 2012 and home to spectacular sport not just at Games time, but for years to come. | |
"It has been a fantastic effort to get us this far, but the future promises much more. | |
"When the Games have left town, we will have changed the map of east London for good." | |
The £1bn Olympic village was to be funded by private investment but will now be met by public contingency funds. | The £1bn Olympic village was to be funded by private investment but will now be met by public contingency funds. |
The ODA admitted the economic downturn had affected private sector funding for the Athletes' Village and Broadcast Centre, but pledged the Games would not exceed its budget. | The ODA admitted the economic downturn had affected private sector funding for the Athletes' Village and Broadcast Centre, but pledged the Games would not exceed its budget. |
Have you seen the development at the Olympic site? Send your pictures to yourpics@bbc.co.uk or text them to 61124. If you have a large file you can upload here. | Have you seen the development at the Olympic site? Send your pictures to yourpics@bbc.co.uk or text them to 61124. If you have a large file you can upload here. |
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At no time should you endanger yourself or others, take any unnecessary risks or infringe any laws. | At no time should you endanger yourself or others, take any unnecessary risks or infringe any laws. |