The Olympic and Paralympic Village
Difficulties experienced by developers Lend Lease in raising funds for the village (the single largest project in the 2012 scheme) resulted in the scale of the village being reduced by almost 25%. This was achieved predominantly by providing accommodation for London-based athletes only. Those competing in events outside London were to be housed elsewhere. Following the athletes' experiences in Beijing 2008 (and in particular through comments concerning athletes' welfare by International Olympic Committee President Jacques Rogge) this compromise was to be reconsidered whilst pressure built for the finance deal to be resolved.
Read more about this topic: 2012 Summer Olympic Venues
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