Olympics

• Profit of $52.8m
• Why was it needed:

  • % of people who can’t speak English Newham = 3.2%, London = 2.8%
• Why was it needed:

  • Life expectancy (men) Newham = 78.5 London = 79.5
• Why was it needed

  • Crime Newham 4% London = 2.49%
• Why was it needed:

  • employment (2017) Newham = 68% London = 73%
• Why was it needed:

  • House prices (2016) Newham = £340,000 London = £528,000
• Conflicts:

  • existing businesses forced out
  • broken communities
  • rent and property prices increased
  • clays lane residents displaced (social housing only £8,500 in compensation)
  • 25% of new home affordable (only)
• West Ham pays £2m / year for the stadium
• The box now hosts concerts and london lion basketball team
• Brownfield site > green park 2.5 km ^2
• 60% of people are 20-39. Young.
• Massive shopping centre with Nike, north face , apple
• Public sector invested £8.7b
• picture of Olympic park

  
• Quaternary industry like BT at the old media block for the games.
• Abba voyage new based in area - until 2023, 1.5m tickets sold with $150m in sales