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Olympic Delivery Authority chairman Sir John Armitt on building up London around the Olympic park.
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Here actually thank you so much they can.
Market follow up to actually aired our story about the London Olympics -- is more athletes and spectators arrive for the London games so do more.
Soldiers.
More than a thousand troops that had been on stand by and London were deployed today.
Latest -- step that they're taking over there to strengthen security.
This increase insecurity comes.
-- just before the opening ceremonies which will be on Friday and then there's the big money question.
We'll London's large investment in the Olympics be worth that once the games are over Olympic delivery authority chairman sir John -- To develop the infrastructure for the games -- he joins us now from London how much were you thinking about that.
The after.
Affect what London would look like after the games for over as you were designing and coming up with the infrastructure.
For the the venues and what have you.
Well from the very beginning.
Every decision we made it was how is this gonna work for the games but -- equally how's it gonna work and legacy.
Time because when you're making that scale of investment so we've made.
Seven billion physical.
Investments in the Olympic park you -- really justify -- billion physical investment for a six week policy.
Scenario constantly questioning how is this gonna work in the long term always creation the regeneration opportunity that we need for -- -- out of London.
And that's the interesting part about -- the stadiums are one thing we went through here in the United States in Atlanta when they -- the Atlanta at the the stadium for the 1996 games that you all along it would be -- designed to play baseball.
Afterwards and you'll do something similar over there with the stadium play soccer in that.
Citi but what about the other pieces of infrastructure where the athletes live -- I know this hour maybe you could talk a little bit about this area of London just because now they're big.
Buildings that are there and places for people -- they think the people common lived there will they wanna live in that area.
-- this error of London is a very densely.
Population very prominent senator from them which frankly.
His Ronald for a -- -- London's east end of London and what you have here is a 600 -- -- about the same size as hot dog.
But interestingly it's incredibly well connected there are ten different railway lines which -- -- what is court struck but does station.
So well missionary would lots of people -- an area where there's a shortage of housing.
We've built 3000 apartments fully -- -- -- 3000 apartments have already been sold all -- one into a real estate company that -- right to take off for the flats and private development and then -- office -- to what we call us.
Housing association numbers will be designated for a -- affordable homes and so they proposal already being sold on the plan and developing the site out in the next ten years is to have built -- -- several thousand.
-- right in around the Olympic.
-- the question will be is the investment worth -- it we just had a graphic up all you were speaking we should bring it up again in terms of how much of the Olympics is not just London -- in debt and over budget you look back to I mentioned land almost 150% over budget.
But even Athens.
You know it was a mess there everybody reported on -- in 2004 Greece you think ball boy they must have learned their lesson in London but you're way over budget as well what happened.
-- -- we actually have make the point that we're on the budget so the original budget that was put together you're right cruelty paid in Singapore.
Morals about.
Two point eight million but it didn't have inflation and it's it didn't them actually have even create seats accident.
Let me go back off we want it -- everybody sat down on civil right what do we actually go to do -- and -- budget to eight billion.
Was -- step for the physical infrastructure and 75% of that we know is investment which is going to be.
Around a sudden I'm able to use for the next hundred years we still have a tough for -- so excited to brilliant on the budget which we agreed in 2007.
And and in general terms the government not a budgeted nine point three billion including security.
Panda they reckon they get on the spend not nine point three by about half -- billion so -- budgetary -- people are pretty satisfied.
This is one of these things wearable enjoy the game send -- hope for a terrific Olympics here over the next few weeks and then we'll follow up of these types of -- -- -- -- sir John -- thank you very much for coming on.
