Assembly unanimously backs creation of Olympic Development Corporation

The London Assembly today unanimously supported the establishment of a mayoral development area[1] in and around the Olympic Park.

The proposal by the Mayor of London, Boris Johnson, will see the Olympic Park Legacy Company reformed as a Mayoral Development Corporation (MDC) with responsibility for the post-Games development of the site.

The plans will now go forward to Parliament for the formal establishment of the MDC. The corporation will have responsibilities that include planning decisions within its boundaries.

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.

The creation of a Mayoral Development Corporation sets a clear structure to deliver that regeneration and places responsibility for it firmly in the hands of the Mayor.

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."

For more information, contact: Mark Demery on 020 7983 5769/4283

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