Ownership of the Olympic Park site transferred to the London Development Agency (LDA) on 2 July, in line with the Olympic timetable. The LDA will hand the Olympic site to the Olympic Delivery Authority (ODA) at the end of July.
The LDA and ODA will produce a legacy masterplan framework (LMF) which will set out the vision for the legacy of the Olympic Park and its relationship with the surrounding communities. The five host boroughs and local communities will be fully involved in the development of the LMF and its vision for the future of the area.
The first meeting of the Olympic Park Regeneration Steering Group, chaired by the Mayor of London and on which the Minister for the Olympics and the Minister for Housing sit, alongside the mayors and leaders of the host boroughs, took place on 19 July. This group provides guidance and direction to the development of the LMF.