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London Legacy Development Corporation

Development corporation in London, England

Summary

Development corporation in London, England

Field	Value
name	London Legacy Development Corporation
abbreviation	LLDC
image	London Legacy Development Corporation.svg
formation	2012
type	Mayoral development corporation
headquarters	London
location	Olympic Park
leader_title	Chairman
leader_name	Lord Hendy of Richmond Hill
leader_title2	Chief executive
leader_name2	Lyn Garner
parent_organisation	Greater London Authority
website

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. The mayoral development area covered by the development corporation is the Olympic Park and surrounding areas.

History

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

In November 2016, London Mayor Sadiq Khan ordered an investigation into the rising costs for the London Stadium, which the LLDC partly owns. 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.

Leadership roles

The following have been appointed chair of the corporation: Daniel Moylan in February 2012, Boris Johnson in September 2012, David Edmonds in September 2015, Sir Peter Hendy in July 2017, and Suki Kalirai in August 2024.

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

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.

References

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

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

2012-establishments-in-england greater-london-authority-functional-bodies mayoral-development-corporations government-agencies-established-in-2012 2012-summer-olympics 2012-summer-paralympics redevelopment-projects-in-london

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