What happened to the 2012 Olympic Village?
After the nearly $12 billion 2012 London Games, the East Village was converted into nearly 3,000 new homes along with restaurants, shops and schools in one-time Olympic buildings—today, two-bedroom flats in the former Athletes’ Village are on sale for upwards of $1 million.
What happened to Stratford after the Olympics?
The athletes’ village has been relaunched as a housing estate. Almost half of these 2,818 new homes (40%) are affordable. The Olympics has helped schools in the area – there was a shortage of spaces but a new school opened in the grounds of the park.
What was there before Olympic Park?
Queen Elizabeth Olympic Park is a sporting complex and public park in Stratford and Hackney Wick, in east London. It was simply called The Olympic Park during the Games but was later renamed to commemorate the Diamond Jubilee of Queen Elizabeth II (though it is not an official Royal Park of London).
What was East Village before the Olympics?
The East Village is a housing development in Stratford that was built to be the accommodation for the Olympic Village back in 2012. This makes the East Village a vibrant and unique environment to live, creating a close community in an area which was desolate prior to the Olympic Games.
Why did East London regeneration?
After the closure of many of London’s docks in the 1960s, thousands of people lost their jobs. People left the area to look for jobs elsewhere. Between 1981 and 1998, the London Docklands underwent urban regeneration and continues to improve to this day.
Why was East Village built?
East Village is a housing development in Stratford, East London that was designed and constructed as the Olympic Village of the 2012 Summer Olympics and has been converted for use as a new residential district, complete with independent shops, bars and restaurants.
Who owns Stratford East?
1,439 private homes are let on a rental basis, instead of being sold, with the ownership remaining with Delancey/Qatari Diar and managed by Get Living London.