Wednesday, February 16, 2011

THE FINAL COUNTDOWN BEGINS FOR THE 2012 LONDON OLYMPICS.

Finally after a long wait, the 2012 London Olympic plan will finally materialize and come together in front of the whole of United Kingdom’s eyes. UK will now see the final completion of all the venues and stadiums. This year will also see the significance of the commercial plans.

The city’s major test will be when the Westfield Stratford city will open up for the public this September. The largest urban shopping centre of Europe is going to be the first step towards the materialization of the Olympic park in London. The Shopping center has already been able to attract a healthy investment.

The £871.5m investment by last year by the Canada Pension Plan Investment Board and Dutch investor Algemene Pensioen Groep, made them the 50 per cent stake owners. Also 75 per cent of the shops in the shopping centre have been occupied.
The start of the final year is the symbol of the countdown that has now started to tick over London.

It is the time to make final preparations for the games. The date 27 july,2011 is the date that is set the Olympic Delivery Authority. If the city meets with the date, it will mark the completion of all the key venues, including the laying down of tracks for athletes. The facility will then be handed over to the organizing committee.

As of now, the progress is smooth and the construction of the key stadiums seems to be running ahead of the schedule. Veldrome is expected to be the first venue to be completed this spring, Olympic Stadium and the canoe slalom venue at Lee Valley White Water Centre opening for public use in this summer and April respectively.

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