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London 2012: Olympic Park venue future secured | London 2012: Olympic Park venue future secured |
(about 3 hours later) | |
More than 4,500 jobs are to be created as the final venue to be permanently based in the Queen Elizabeth Olympic Park has had its future secured. | More than 4,500 jobs are to be created as the final venue to be permanently based in the Queen Elizabeth Olympic Park has had its future secured. |
The London Legacy Development Corporation (LLDC) has announced iCITY will run the Press and Broadcast Centre as part of a £100m deal. | The London Legacy Development Corporation (LLDC) has announced iCITY will run the Press and Broadcast Centre as part of a £100m deal. |
BT Sport, Loughborough University, data centre provider Infinity and Hackney Community College will be tenants. | BT Sport, Loughborough University, data centre provider Infinity and Hackney Community College will be tenants. |
The deal will see a further 2,000 jobs created in the local area by 2019. | The deal will see a further 2,000 jobs created in the local area by 2019. |
As part of its agreement with LLDC, iCITY has made a commitment to work with its tenants to provide employment and training opportunities for residents living nearby, as well as ensuring local companies benefit from supplier opportunities. | As part of its agreement with LLDC, iCITY has made a commitment to work with its tenants to provide employment and training opportunities for residents living nearby, as well as ensuring local companies benefit from supplier opportunities. |
The digital hub will see BT Sport broadcast 38 Barclays Premier League live games a season for three years from August 2013. | The digital hub will see BT Sport broadcast 38 Barclays Premier League live games a season for three years from August 2013. |
It will also show 69 live rugby union games a season from the Aviva Premiership. | It will also show 69 live rugby union games a season from the Aviva Premiership. |
Loughborough University will offer postgraduate education while Hackney Community College will establish its new digital apprenticeship programme at iCITY. | Loughborough University will offer postgraduate education while Hackney Community College will establish its new digital apprenticeship programme at iCITY. |
Tech Hub will develop start-up businesses and Infinity, a provider of data centre services, will be based there. | |
LLDC said the deal meant London was further ahead than any other host city in history in delivering a lasting physical and social legacy from the Games. | LLDC said the deal meant London was further ahead than any other host city in history in delivering a lasting physical and social legacy from the Games. |
It said taxpayers' money will be protected by the terms of the 200-year lease. It will take a share of profits from any future developments, rental share and estate charges. | It said taxpayers' money will be protected by the terms of the 200-year lease. It will take a share of profits from any future developments, rental share and estate charges. |
'No white elephants' | 'No white elephants' |
Boris Johnson, Mayor of London, said: "It's absolutely fantastic news that the final piece of the Olympic venues jigsaw puzzle has now been firmly put in place. | Boris Johnson, Mayor of London, said: "It's absolutely fantastic news that the final piece of the Olympic venues jigsaw puzzle has now been firmly put in place. |
"With the future of eight out of eight permanent venues secure, London has well and truly delivered on what is a hugely important part of the Olympic legacy story." | "With the future of eight out of eight permanent venues secure, London has well and truly delivered on what is a hugely important part of the Olympic legacy story." |
Dennis Hone, chief executive of LLDC, said: "We said from the very beginning there would be no white elephants on the Park - and we've kept our promise. | Dennis Hone, chief executive of LLDC, said: "We said from the very beginning there would be no white elephants on the Park - and we've kept our promise. |
"Now, by securing high quality tenants in the tech and education sectors, we will be providing thousands of jobs - and we remain firmly on track to deliver a meaningful physical and social legacy for Londoners." | "Now, by securing high quality tenants in the tech and education sectors, we will be providing thousands of jobs - and we remain firmly on track to deliver a meaningful physical and social legacy for Londoners." |
Gavin Poole, iCITY chief executive, said: "These buildings provide an incredible opportunity to deliver one of the world's leading digital and technology clusters and support the ongoing regeneration of east London." | Gavin Poole, iCITY chief executive, said: "These buildings provide an incredible opportunity to deliver one of the world's leading digital and technology clusters and support the ongoing regeneration of east London." |