Olympic Games Legacy

Meeting: 
MQT on 2017-09-14
Session date: 
September 14, 2017
Reference: 
2017/3540
Question By: 
David Kurten
Organisation: 
UKIP
Asked Of: 
The Mayor
Category: 

Question

London's 2012 Summer Olympic Games organisers justified its £9 billion pound price tag with promises to deliver not only a sporting extravaganza, but an 'Olympic legacy' of prosperity for the East London boroughs where the Games were held.  I am deeply concerned to learn that some five years on, that the six host boroughs have seen a spike in homelessness and numbers in emergency temporary accommodation, and that low-income local residents have been priced out of the so-called affordable housing that was supposed to be the Games' legacy. I also note that the London Legacy Development Corporation (LLDC), the organisation established to manage the regeneration of the Olympic Park and surrounding area has admitted that it has not built enough homes on the park to replace the almost 800 social housing units demolished to clear the site for the Games. I am not seeing anything here I would regard as a 'legacy' for the local people. What is being done to turn this situation around?

Answer

Answer for Olympic Games Legacy

Answer for Olympic Games Legacy

Answered By: 
The Mayor

The housing crisis is the biggest challenge facing our city today and I have always been open that we will not turn things round overnight. The deal I struck last year with Government for greater investment in affordable housing was welcome and a vital first step towards tackling the housing crisis, but more is needed so we can lead a step-change in tackling the shortage of affordable homes in London.

The former athletes' village, East Village, has delivered 2,818 homes - 49%, i.e. 1,381 affordable homes, with nomination rights from local councils. There are also a number of developments planned for various sites providing 24,000 homes in and around the Park - 35% which will be affordable and these developments have been approved since 2012 as part of the Legacy Communities Scheme. These were all approved before May 2016.

The new 850-home Chobham Manor neighbourhood is well underway with 28% affordable housing. Work on the next two neighbourhoods, East Wick and Sweetwater, will start next year bringing a further 1,500 homes to the Park, 30% affordable. These were also approved before May 2016.

Crucially, LLDC is developing the infrastructure needed to support these new homes including schools, health centres and workplaces which will lead to 40,000 jobs in the area. A new cultural and education district will enhance this offer with a new building for V&A Museum and Sadler's Wells theatre, and two new university campuses including UAL's London College of Fashion, and UCL, in addition to the Loughborough University campus in its third year of operation at Here East.

This work continues to progress; International Quarter London will soon open the first of several head office buildings for tenants like Transport for London, the Financial Conduct Authority, British Council, and Cancer Research UK, with others to follow.

My housing team is working with LLDC to look at options to create more affordable homes.