International Press Center that will be a part of Olympic legacy will turn into a number of business centers; perhaps the university will be opened there. Other facilities will be used for shopping malls, business centers, multifunctional complexes, which combine cultural facilities – theaters, exhibitions, etc. The Olympic Village is created as a separate structure, which will then be transferred to the housing.
The Olympic legacy will include construction of over 100 ha: large-scale residential construction, construction of 20 roads and pedestrian bridges, the creation of new transport arteries – branches of Metro, bus and tram lines (Baird, 2011: 8-15). A lot of places are allocated for park areas where people will walk and play sports. It is planned to create 9-10 thousand jobs, including manufacturing plants.
The Olympic Village is designed in such a way that the rooms are like real apartments and after the Games they will be sold. The demand for housing in this area will be increased due to improving the image of the district of Stratford that has been an industrial zone for a long time.
So, one of the main legacies of Olympics will be the project “Stratford City”, located on 73 hectares near the Olympic Park. It will include 500,000 square meters of offices, 150,000 square meters of retail space, 2000 hotel rooms, 4850 apartments, school and medical center. Part of the apartments will be put under the Olympic Village for athletes and sold after the Games. Thanks to the improved transport connections of “Stratford City” with other areas of London and the creation of service infrastructure, “Stratford” should become the new business district, and the expected influx of business activity has the potential to create about 30 000 new jobs in the area after the Olympics ( Ferrett, 2011: 70-73). The President of the International Olympic Committee, Jacques Rogge admitted that the decision to make London the capital of the 2012 Olympics will provide the world not only with an ideal location, but also give rich legacies of the UK, which will remain after the Games (Sadd, 2009: 265-269).
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