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London-2012London Olympic VenuesMost of London's proposed Olympic venues already exist, reducing the cost and
complexity of staging the London Games, which are expected to return a £100
million surplus to the IOC and British sport. Among the existing world-class venues to be used are The World Heritage Site of Greenwich, Regent's Park, Wimbledon, Lord's Cricket Ground, etc. "As well as using world famous venues and landmarks, the London 2012 Olympic Games would create a compact environment based around a new Olympic Park in east London, just 7 minutes by rail from the centre of London, using the new Channel Tunnel Rail Link-said London 2012 Chairman Sebastian Coe. "We already have planning permission to build our Olympic Park which will include a new stadium and Olympic Village that would put an unprecedented 80 percent of Olympic athletes and 95 per cent of Paralympic athletes less than 20 minutes of their competition and training venues".
The Park, just six miles from Trafalgar Square, will house key venues for the Games including the main stadium and aquatics centre. The Park is also one of the biggest chances to transform London that has arisen in the capital for decades. It will kick-start the regeneration of the Lower Lea Valley in east London, which is a national regeneration priority and one of the biggest regeneration opportunities in Europe. The Park will be transformed for local use after the Games. Key sporting venues will be retained and 9,000 new homes built, along with office, commercial and retail space, and community facilities. London 2012 website
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