Mayor of London Boris Johnson has assembled a Legacy Board of Advisors with specific responsibility for assisting on the future use of the Olympic Park after the London 2012 Games.
The Board will be chaired by David Ross, Deputy Chairman of The Carphone Warehouse, who was the Mayor’s nominee to the Board of the London Organising Committee for the Olympic and Paralympic Games (LOCOG).
In June, David Ross completed a report for the Mayor on preparations for the Games and their legacy, in response to which the Mayor announced his intention to establish the Board of Advisors.
Other Board members are David Gregson, Chairman of Phoenix Equity Partners; Sir Bob Kerslake, Chief Executive of the new Homes and Communities Agency; Harvey McGrath, Chairman of the London Development Agency; Jeremy Newsum, Executive Trustee of the Grosvenor Estate; Julia Peyton-Jones, Director of the Serpentine Gallery; Jules Pipe, Mayor of Hackney; Tessa Sanderson, Former Olympic Gold Medallist; Richard Sharp, Partner, Goldman Sachs; and Neale Coleman, Mayor of London’s Advisor on London 2012.
The new Board will advise the Mayor on all aspects of the legacy programme for London. It will, in particular, focus on the emerging proposals for physical development and regeneration in and around the Olympic Park after the Games and the business plan for the Olympic Park and legacy venues.
The Board will also advise the Mayor on how to maximise the regeneration benefits for existing and new communities in East London while ensuring an appropriate return on the public investment in the Park. It will also focus on high standards of management and maintenance of the Park and venues while delivering viability, affordability and the best possible use of the venues by Londoners and by elite athletes.
The Mayor is asking the new Board to consider proposals for establishing a separate vehicle to secure development and investment, in particular from the private sector, in high-quality regeneration in and around the Olympic Park. The Mayor’s objective is to work with partners to establish this vehicle in 2009.
In addition to the physical renewal of the area, the Board will, in liaison with the five host boroughs, central Government and key delivery agencies, advise on the wider sporting, cultural and educational legacy that will help further transform the area into a vibrant new district of London.
The Board is being set up in the context of a substantial collective work programme on legacy already underway. This work is being led by the LDA, which owns the majority of land in the Olympic Park.
In particular, the LDA has started to develop the Legacy Masterplan Framework – the long-term spatial masterplan for the Olympic area post-2012 – in close partnership with central government, the Greater London Authority, the five host boroughs as well as wider stakeholders and local communities.