Olympic Stadium conversion to go ahead
Plans for the £150 million conversion of the Olympic Stadium have been given the green light by members of the London Legacy Development Corporation's (LLDC) planning committee.
Originally costing £429 million, the 80,000 capacity venue is to be converted into a new 60,000 all-seater stadium, with construction work at the site set to get underway later this year.
It forms part of ambitious plans for the regeneration of the Greenwich area and is to become the new home of West Ham football club. It will also host a number of other high-profile sporting events, including matches in the 2015 Rugby World Cup and the 2017 Athletics World Championship.
Dennis Hone, LLDC chief executive, said: "This is an important milestone that paves the way for the stadium's intended legacy use as an all-year-round venue.
"As we prepare for the phased re-opening of Queen Elizabeth Olympic Park this summer, with the long-term future of all eight permanent venues on the Park now secure, we remain firmly on track to deliver a meaningful physical and social legacy for Londoners."
Construction efforts at the stadium will now focus on the reconfiguration of the stands, as well as overhaul of lighting towers and the extension of the current roof design.
Plans will now be sent for final approval to the Mayor of London's office before work can officially get underway.
The news follows the recent announcement that a £100 million revamp of the former Olympic Press and Broadcast Centres at the Queen Elizabeth Olympic Park is to be carried out.
Developer iCity has secured a 200-year lease for the site from the LLDC, with the buildings to be transformed into the new home of Loughborough University and a range of local businesses, with the aim of creating a world-leading hub for innovation in the capital.
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