East London Tech City 2

Meeting: 
MQT on 2011-03-23
Session date: 
March 23, 2011
Reference: 
2011/1093
Question By: 
Nicky Gavron
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

Does the Mayor view the East London Tech City project as a competitor or as complementary to the aims of the Olympic Park Legacy Company? Please also provide details of Cisco's pledge of $500 million worth of investment in the East London Tech City for two innovation centres, one of which will be on the Olympic Park.

Answer

Answer for East London Tech City 2

Answer for East London Tech City 2

Answered By: 
The Mayor

The ambitions for East London Tech City align with the aims for the legacy of the Olympic Park. The infrastructure investment in broadband and power on the Olympic Park makes it an ideal location for creative and innovative companies to locate. In addition, the availability of quality housing, world class sporting venues, parkland setting and retail at Westfield make the Park an attractive location for modern companies to locate. Cisco has committed to providing an innovation centre on the Olympic Park focussed on developing and demonstrating new technology solutions for London and other cities.