Olympic Stadium bid processes officially opens

dec24-olympicstadium.jpgThe future of the Olympic Stadium should be known by next May with bids from interested parties being invited from today.

The Olympic Park Legacy Company is seeking tenants to use the Stadium, which will be reduced to 60,000 seats after next year's Games, for a range of sporting, cultural and commercial events.

The winning bidders will be appointed in May and the venue should reopen in 2014.

The Stadium is already earmarked to be used for the 2017 World Athletics Championships, while West Ham United are favourites to become anchor tenants from 2014. But other sports such as rugby could be played there, and it will also be the national athletics venue, replacing Crystal Palace.

But the OPLC said it is seeking to deliver a commercially viable combination of uses for year round community access and wider public benefits from the Stadium, which has cost almost half a billion pounds to build.

The Stadium will be retained by the OPLC as a public asset. They propose a joint venture with Newham Council to operate the venue and help maximise community benefits around local employment, sport and healthy living.

The Council is offering £40million towards the cost of the Stadium's legacy transformation

Andrew Altman, Chief Executive of the Olympic Park Legacy Company, said: "The Olympic Stadium will be a new national stadium for athletics and a multi-purpose venue that can host a full array of sporting, cultural and commercial events in one of the most exciting destinations in the world.

"Having already secured the 2017 World Athletics Championships, now is the time for bidders to come forward to further enhance the Stadium's legacy.

"Plans for the Olympic Park are more advanced than any other host city and we are maintaining that pace by securing operators, tenants and events for all our venues before the Games have even started."

Interested parties can bid to stage other events at the Stadium for a maximum term of 99 years.

They must register online by January 30 to gain access to the Stadium Deal room which will contain technical and legal documentation essential to any bid. For more information got to legacycompany.co.uk/stadium.


Anon said:

It is inexcusable the London Borough of Newham, with the highest unemployment in London and the highest deprevation is contributing £40million for the Olympic stadium. If it is the LONDON Olympics, why are Newham residents being shafted?.