London Legacy Development Corporation

Last updated
London Legacy Development Corporation
Formation2012
TypeMayoral development corporation
Headquarters London
Location
Official language
English
Chairman
Lord Hendy of Richmond Hill [1]
Key people
Lyn Garner (Chief Executive)
Website www.queenelizabetholympicpark.co.uk/our-story/the-legacy-corporation
Olympic Park, London Olympic Park, London, 16 April 2012.jpg
Olympic Park, London

The London Legacy Development Corporation (LLDC) is an organisation established in 2012, replacing the Olympic Park Legacy Company and the planning powers of the Olympic Delivery Authority. It was formed as a mayoral development corporation under the powers of the Localism Act 2011. [2] The mayoral development area covered by the development corporation is the Olympic Park and surrounding areas.

Contents

History

The corporation was established in 2012 with the objective of establishing the Queen Elizabeth Olympic Park as a new visitor destination. [3]

In November 2016, London Mayor Sadiq Khan ordered an investigation into the rising costs for the London Stadium, which the LLDC partly owns. [4] The investigation found that (i) capital costs will rise from a budgeted £190 million to £323 million (ii) running costs will rise from a budgeted breakeven to a loss of £10 million per annum. [5]

Leadership roles

The following have been appointed chair of the corporation: Boris Johnson in September 2012, [6] David Edmonds in September 2015, [7] Sir Peter Hendy in July 2017, [8] and Suki Kalirai in August 2024. [9]

The following have been appointed CEO of the corporation: Dennis Hone in September 2012, [10] David Goldstone in 2015, [11] Lyn Garner in December 2017, [12] and Shazia Hussain in September 2024. [13]

Publications

In 2023, the LLDC published Creating Places that Work for Women and Girls, a handbook for local authorities, designers and developers. This was dedicated to Pam Alexander. [14]

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References

  1. Simpson, Jack (23 June 2017). "Sir Peter Hendy to chair London Legacy Development Corporation". Construction News. Retrieved 7 January 2018.
  2. "The London Legacy Development Corporation (Establishment) Order 2012".
  3. "London Legacy Development Corporation". NLA. Retrieved 18 January 2025.
  4. "London Stadium: Sadiq Khan orders investigation over rising costs". BBC. 1 November 2016. Retrieved 12 March 2017.
  5. "The full cost of London Stadium". Mayor of London. 20 March 2018. Retrieved 18 January 2025.
  6. "Mayor takes chair of legacy-board as key 2012 legacy milestones are approved". Queen Elizabeth Olympic Park. 27 September 2012. Retrieved 18 January 2025.
  7. "LLDC Chairman resigns". London Legacy Development Corporation. 2 November 2016. Archived from the original on 6 November 2016. Retrieved 12 March 2017.
  8. Stockley, Philippa (16 October 2017). "Sir Peter Hendy, chairman of Network Rail, reveals how he keeps the capital on track". Evening Standard. Retrieved 20 February 2018.
  9. "A New Leadership Team for London Legacy Development Corporation". Queen Elizabeth Olympic Park. 13 August 2024. Retrieved 18 January 2025.
  10. "Dennis Hone CBE to step down from Legacy Corporation". Queen Elizabeth Olympic Park. 13 May 2014. Retrieved 18 January 2025.
  11. Morton, Sophie (24 August 2017). "Queen Elizabeth Olympic Park chief executive to take up Ministry of Defence role". Newham Recorder. Archived from the original on 26 August 2017. Retrieved 20 February 2018.
  12. "Sir Peter Hendy CBE announces Lyn Garner to lead London Legacy Development Corporation". London Legacy Development Corporation. 15 December 2017. Archived from the original on 20 February 2018. Retrieved 20 February 2018.
  13. "Hussain to lead London Legacy Development Corporation". The Municipal Journal. 4 September 2024. Retrieved 18 January 2025.
  14. "Handbook: Creating Places that Work for Women and Girls". Queen Elizabeth Olympic Park. Retrieved 2024-07-22.