Olympic Legacy Development Chief To Step Down
The chief executive of the London Legacy Development Corporation, Andrew Altman, has announced that he will resign after London 2012.
Altman will step down from the position on 15th August, with the London Legacy Development Corporation (LLDC) stating that Dennis Hone, chief executive of the Olympic Delivery Authority, will combine the two positions on an interim basis until a successor is found.
Over the last three years, Altman has been responsible for creating a master plan for 10 million square feet of development and five new residential neighbourhoods, securing over £400m for infrastructure, programming and regeneration, as well as securing post-Games operators for major venues including the Aquatics Centre.
However, the legacy of the Olympic Stadium remains unclear, with the LLDC last month announcing an extension of the bidding process for the future tenancy of the stadium in an effort to address a number of issues.
An LLDC statement said: ‘Mr Altman has played a key role in leading the vision to transform the 500 acre Queen Elizabeth Olympic Park into a new, international centre of economic growth that will create a thriving new community, accommodating over 7,000 new homes, creating thousands of new jobs and opening a huge swathe of London previously neglected.’
Altman added: ‘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.’
