East London, and mainly Stratford, was regenerated for the 2012 Olympics, costing around 10 billion. In Stratford, the average family incomeper year was 28,900, but in London overall, it was 37,000. Royal Geographical Society - Royal Geographical Society (with IBG) I applied for Early Decision, which most shou. Social - new homes were built, with around 1/3 of those becoming more affordable. The infrastructure was significantly improved for the whole area. Before industrialisation, Stratford was an agricultural community. [39], To connect a variety of cycling and walking trails throughout the Lea Valley, the London Velopark will be transformed into a multi-discipline cycling centre. Following three consecutive unsuccessful UK bids to host summer Olympic Games (Birmingham for 1992 and Manchester for 1996 and 2000), the decision was made to bid with London, given the clear indication that it was the only UK city that had a chance of being selected by the International Olympic Committee (IOC) when put up against other world cities in a competitive bidding process. 2 - A suburban area is located close to, but apart from, an urban area. This led to the multiplier effect. Amongst these is the fact that both areas went from economic prosperity into drastic economic decline and suffered from lowering environmental quality, high unemployment rates, dereliction and social problems. Regeneration through property development has the potential to create vibrant new communities. 62.88 25.49 13 items. The Head of the IOC evaluation commission praised the passion behind the London 2012 bid when they visited Stratford and other places in the city. London Organising Committee for the Olympic Games and Paralympic Games, Weymouth and Portland National Sailing Academy, Learn how and when to remove this template message, "Going for Gold: Transport for London's 2012 Olympic Games", "London 2012 must learn from the 1bn Sydney hangover", "London 2012 venue: Royal Artillery Barracks", "The 2012 Olympic Games and the environment", "London reveals dramatic vision for 2012", "Lend Lease wins bid to build London's Olympic village", "The most spacious accommodation in Games history", London 2012 Tickets To go on Sale March 15, Six weeks to apply for London 2012 tickets from March, "London 2012 Olympic Games and Paralympic Games", "Report of the IOC Evaluation Commission for the Games of the XXX Olympiad in 2012", "How Britain will benefit from the games", Demolition work starts on Olympic Park site, "Who needs an Olympic pool when there's no room for a kickabout? Will there be another Mario and sonic game? Fig. From May to September, throughout the Easter weekend and all October weekends and October Half Term, from 10 am to 6 pm. The IOC evaluation commission chair Nawal El Moutawakel speaking at a press conference in London observed: "We could feel it, hear it and see it." One important aspect of building the venues was to make them out of as much sustainable material as possible. Being situated so close to London was beneficial as it provided a ready market for its produce. Economically, the Games occurred during the recovery from the global financial crisis of 2008-10, and many people felt that the approximate cost of GBP10bn to be too high, despite the lasting benefits to the environment and the future of the economy. The death blow to the docks was the creation of containerised cargo and other technological changes. Expenditure from overseas visitors in August, including Games ticket sales, totalled GBP 4.5 billion. Case study - urban regeneration in Stratford, London There are many areas that have been regenerated, the Tower Hamlets have had the most projects, whilst other areas such as Islington, Lambeth, Hackney and Southwark have also had many regeneration projects.
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