The London Assembly has unanimously backed the creation of a Mayoral Development Corporation, a new body which will have responsibility for redeveloping the Olympic Park and surrounding area.
Subject to formal approval by Parliament, the Olympic Park Legacy Company will be reformed into the MDC, giving the Mayor direct control over planning decisions within its boundaries.
The MDC will cover the following land and areas:
- The core Olympic Park, comprising land owned by the Olympic Park Legacy Company and the Lee Valley Regional Park Authority, including Eton Manor
- The Olympic Village and associated development sites owned by the Olympic Delivery Authority and London & Continental Railways Ltd.
- The Stratford City development site, including the Westfield Shopping Centre and Chobham Farm
- Hackney Wick and Fish Island
- Bromley-by-Bow North (with a southern boundary at the District Line)
- Sugarhouse Lane
- Three Mills and Mill Meads
- Carpenters Estate
The Mayor’s office says he wants to strengthen the Olympic Park’s future “and better connect it” with neighbouring areas.
London Assembly Deputy Chair Dee Doocey said: “The Assembly has always believed that the most important benefit of hosting the 2012 Games is the opportunity to revitalise the East End of London.
“As we told the Mayor today, the Assembly is determined to see that the MDC operates in an open and transparent fashion that enables local people within its boundaries to have a substantial input into the future of their neighbourhoods.”
Mayor Johnson said that by setting up the MDC he was “strengthening London’s legacy plans even further, leaving us in the best possible position to create thousands of new jobs and new homes that will continue to change people’s lives long after the Olympic flame has left.”