The Government’s National Infrastructure Plan has confirmed that £141million will be committed to help deliver the Mayor’s ‘Olympicopolis’ vision.
This will create a world class education and cultural district on Queen Elizabeth Olympic Park, Stratford, bringing together outstanding organisations to showcase exceptional art, dance, history, craft, science, technology and cutting edge design.
University College London (UCL) will create a new university campus to the south of the Arcelor Mittal Orbit. The University of the Arts London will establish a new campus on Stratford Waterfront opposite the Aquatics Centre. The Waterfront site will also house new locations for Victoria and Albert Museum and Sadler’s Wells.
The scheme is expected to deliver 3,000 jobs, 1.5 million additional visitors and £2.8 billion of economic value to Stratford and the surrounding area.
Mayor of Newham Sir Robin Wales, chair of the Six Growth Boroughs, said: “This new cultural hub further cements Newham’s investment in the former Olympic Stadium as a lasting legacy for our residents, London and the nation. As well as offering a huge number of jobs for local people, it will offer a significant boost to East London’s economy for years to come. The educational potential of the ‘Olympicopolis’ project will inspire our young people to look at the wider opportunities available to them.”