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Olympic Park Legacy Update

Volume 533: debated on Tuesday 11 October 2011

Further to the written statement made to the House on 3 March 2011, Official Report, column 33WS, referring to the selection of the preferred bidder for the long-term lease of the Olympic stadium, my colleague the Under-Secretary of State for Communities and Local Government, the hon. Member for Bromley and Chislehurst (Robert Neill), the Mayor of London and I have today decided, as joint founder members of Olympic Park Legacy Company (OPLC), that the company should terminate the process for the disposal of the Olympic stadium with immediate effect.

The OPLC founder members have also agreed that the company should now explore alternative options in order to deliver the stadium in legacy, and take into account the commitments which have recently been made in support of the bid to host the World Athletics Championship in 2017.

This decision will remove the ongoing uncertainty and continuing delays in determining a sustainable legacy for this important part of the legacy of the Olympic park.