Olympic park operator shortlist revealed
by Tom Walker | 17 Dec 2010
The shortlist of private sector organisations hoping to acquire and manage the Olympic Village after the 2012 Games has been announced.
The nine groups – most of them partnerships – which will be invited to submit detailed financial proposals to The Olympic Delivery Authority (ODA) are:
• Delancey & Qatari Diar
• Dorrington & Pinnacle Capital
• Galliard Homes
• Grainger plc & Moorfield Group
• Hutchison Whampoa Limited
• Le Frak Organization, Aviva plc & J.P. Morgan
• London & Stamford Property plc, David Wilson & Sir Robert McAlpine
• Wellcome Trust
• The William Pears Group & Urban Splash
The shortlisted parties will now be sent detailed tender information in January 2011, allowing them to submit formal offers and proposals on the Village in Spring 2011.
ODA chief executive David Higgins said: "The quality of this shortlist is a vote of confidence in the quality of the Olympic Village.
“Securing a shortlist with many of the leading property investors and managers both in the UK and around the world takes us an important step towards ensuring the Village becomes one of the strongest legacies from the Games.”
The Olympic Village, which lies adjacent to the Olympic Park, will deliver the legacy of 2,818 new homes for east London after the Games.
1,379 of the new homes have been purchased by Triathlon Homes to become legacy affordable housing. The ODA owns the remaining 1,439 homes which will become private housing after the Games, together with six future development plots in the Village site with the potential for a further 2,000-2,500 new homes.
Plans also include more than 10 hectares of new parks, open spaces and community facilities; a “world-class” education campus, Chobham Academy; and a polyclinic with a range of primary healthcare services including multiple GP surgeries, outpatient activity, and a children's clinic.
The shortlist of private sector organisations hoping to acquire and manage the Olympic Village after the 2012 Games has been announced. The nine groups – most of them partnerships – which will be invited to submit detailed financial proposals to The Olympic Delivery Authority (ODA) are: • Delancey & Qatari Diar • Dorrington & Pinnacle Capital • Galliard Homes • Grainger plc & Moorfield Group • Hutchison Whampoa Limited •
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