The 2012 London Regeneration Project is a bold plan to redevelop some of the most deprived areas of the East End. The development scheme is a part of the plan for the 2012 Summer Olympics being held in London, and many of the new stadiums, housing, and venues needed to host the games are being constructed in and around Stratford.
Many residents hope that this will bring jobs and much needed residential development to an area with high unemployment and little in the way of decent affordable housing to the city. Whether or not all of these promises come true remains to be seen, but there has been a great deal of activity here over the past few years, in spite of the current worldwide economic slump.
There have already been quite a few improvements in the area. An East End Line extension has made transport through the area easier, and projects like the Westfield Stratford City shopping centre were actually completed ahead of schedule.
The Olympic Village that will house the many athletes that come to London to compete in the games is scheduled to be converted into residential housing. It will be sold off as soon as possible after the close of the games to make sure that it doesn’t become the kind of useless leftover structure that has plagued many cities in the aftermath of Olympic Fever.
There are similar plans to re-purpose the Olympic Park as a commercial area for cafés, markets, and shops while preserving some green space in the form of gardens.
Private developers are taking notice of the government investment in infrastructure in the area that has come due to the Olympics, and joint partnerships with the Olympic Park Legacy Company have plans to build more than 10,000 new homes within the next two years.
The 2012 Regeneration Plan seems quite beneficial to the future of the East End.
Photo courtesy: Bromiskelly
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