Search

London 2012: Olympic legacy chief to stand down

13:11 19 June 2012

Leaving: Andrew Altman is to stand down after the Olympic Games

Leaving: Andrew Altman is to stand down after the Olympic Games

Archant

The boss of the company in charge of the Olympic Park’s future after the Games is to stand down on August 15, it was announced today.

Andrew Altman has been chief executive of the London Legacy Development Corporation - formerly known as the Olympic Park Legacy Company - since 2009.

He said he wanted to leave after having secured a successful post-Games legacy for the Stratford site, which will be renamed the Queen Elizabeth Olympic Park once the Games have finished.

Under his watch, the body has secured more than £400 million of funding for regeneration and infrastructure projects.

Mr Altman said: “It has been a tremendous honour to lead this once-in-a-lifetime project that will transform the face of London and will be a spectacular example of city-building the world over.

“I am proud to have been able to set the table with a clear vision, resources and commercial investment.

“It is now the perfect time to transition the project to one focused on construction, so there will no disruption after the Games in implementing the legacy vision we have crafted.”

The new 500-acre Queen Elizabeth Olympic Park will contain 7,000 new homes from next year, with most in the Chobham Manor neighbourhood made available as “affordable” housing.

Post-Games operators have also been secured for venues, including the aquatics centre, multi-use arena, Orbit and parklands.

Dennis Hone, chief executive of the Olympic Delivery Authority, will support the LLDC management on a part-time basis until a successor is found.

Daniel Moylan, incoming chairman of the LLDC, added: “Andy Altman has made a huge personal contribution to the future of the Olympic Park and we thank him for putting us in such a strong position.”

0 comments

Latest News Stories

13:12
Jacky has been reunited with her beloved Frankie

Good Samaritan spots hound and hands the chihuahua into police

12:00
Caitlin Moran

Hundreds flocked to the launch of a unique tool to marry technology and creativity this month.

09:10
Around 60 people gather at Islington Town Hall for Jews Telling Jokes

Young Jews tell jokes in honour of Purim festival

Yesterday, 16:46
This bike is being sold on Ebay to raise money for the funeral of Alan Cartwright (inset)

Cycle shop and ‘devastated’ family friend raise cash to give teen a proper send off

Most read news

A brave PCSO fended the knife-wielding man off with a shopping basket.

Italy’s highest court today overturned last year’s convictions and declined to order another trial.

But what do other parties do with their 404 pages? This you’ll want to see.

Digital Edition

Image
Read the $m.global.archantvariables.NewspaperTitle e-edition today E-edition
Family Notices 24


Our trusted business finder