LONDON-The UK government has given its blessing to a London bid for the 2012 Olympics. This will be the third UK bid in recent years after failed attempts by Birmingham and Manchester, but Olympic officials have already said they would look more favourably on a bid from the capital city.

Key to the proposal is a new Olympic stadium and Olympic village in Hackney, east London. To make this viable there will have to be massive investment in transport infrastructure in an area not currently well-served by public transport. But other Olympic events would use existing facilties including football at the new Wembley stadium and tennis at Wimbledon.

Ken Livingstone, Mayor of London today welcomed the government’s decision to back the bid. ‘This is wonderful news, not just for the East End, or even for London – it’s great news for the country as a whole,” he said.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.