INDUSTRY NEWS

£200m set aside for a greener London

People working in London offices in 2012 will be able to benefit from a massive £200 million cash injection to improve the area surrounding the Olympics.

The massive sum will be spent on regenerating around 110 hectares of land which will include sweeping lawns and reed-lines waterways.

Green areas with seating will be set aside for the public near large screens displaying all the sporting action to spectators.

Speaking to the Guardian, David Higgins, the Olympic Delivery Authority chief executive, said: “There is no problem with the budget, which is over £200m. It is money that is set aside.

“The money is there and I have no concern about that because … one of the few good things about the credit crunch is that we are getting competitive pricing on costs.”

LDA Design and Hargreaves Associates have been bestowed with the job of landscaping the area and creating the stunning new public park. ADNFCR-1329-ID-18864296-ADNFCR