This public sector, not-for-profit organisation – previously known as the Olympic Park Legacy Company – is responsible for the long-term planning, development, management and maintenance of the Olympic Park and its facilities.
After the Games, the LLDC will begin a £300m construction project to transform the Olympic site into the Queen Elizabeth Olympic Park. This will involve removing temporary venues, transforming permanent venues into everyday use, building new roads and bridges and the first neighbourhood.
"London has set a benchmark by forming a legacy body three years before the Games,” Peter Tudor, Director of Venues, LLDC, tells Olympic.org. “The Olympic Park has been built with legacy in mind; there are three temporary venues and the permanent ones can easily be reduced in size and adapted for daily use.
“The new Park, renamed the Queen Elizabeth Olympic Park, will be a park like no other, with beautiful open space, fantastic venues and a full programme of events, there really will be something for everyone.
“We will also create five new neighbourhoods, building up to 8,000 new homes as well as new schools, health centres and other community facilities.”
The new Park will re-open in phases, starting exactly one year after the Opening Ceremony of the Games on 27 July 2013.
Andrew Altman, Chief Executive of the LLDC, adds: “London’s Olympic legacy was rooted in the creation of the Queen Elizabeth Olympic Park – a place that will become one of the most thriving parts of London. The creation of thousands of new homes and jobs will bring huge benefits to the area.
“The transformation will take the Park from an Olympic site, to a new piece of London that’s owned and shaped by the community in and around it. Above all, the Park will create a place of practical benefit for the surrounding community – a place to take your children swimming at weekends, go to school, walk your dog or go to a festival in the summer.”