Olympic Park, Stratford

Question 1

What is the entry level price of a residence in the newly converted East Village?

Answer 1

Three room apartment: £250,000
(Unaffordable for residents displaced)

Question 2

Which estate was demolished to make way for the Olympic park regeneration and how many tenants were displaced as a result?

Answer 2

Clays Lane estate- home up to 450 tenants (50 of which were vulnerable people)

Question 3

How much were residents offered for compensation and how flawed was the process?

Answer 3

£8,500 each in compensation.
- CBHA (community based housing association) were always late with payments, unsupervised by the LDA (London Development Agency).
- £4000/5000 was spent on refurbishing new flats
- Grant to cover rent and heating bill inadequate compared to rising costs.

Question 4

What stakeholders were involved in the development project and what were their views of the Olympic Park?

Answer 4

Displaced Residents
- Left out of discussions, neglected by process
- Inadequate compensation creates feelings of resentment
Politicians and developers
- Promotion of regeneration project- see as site of innovation

Question 5

Which domains of deprivation have become less deprived according to the 2015 and 2019 statistics for the Stratford and New Town ward?

Answer 5

Income
Employment
Education
Health
Crime

Question 6

Which domains of deprivation have become more deprived according to the 2015 and 2019 statistics for the Stratford and New Town ward?

Answer 6

Barriers to housing and services (shows lack of social/affordable housing)
Living environment

Question 7

What was the difference in employment deprivation statistics between 2015 and 2019?

Answer 7

Risen by 6,981.
From the 50% most deprived areas to the 30% less deprived areas.

Question 8

What are the flaws in this data?

Answer 8

Whilst initial investment perhaps reduced some domains however quality of life has not improved for many residents.

Question 9

Levels of what have spiked in the six host boroughs and by how much have they risen?

Answer 9

A spike in homelessness and need for emergency temporary accommodation with both measures more than 60% since the year before the games.

Question 10

Why has homelessness and the need for emergency temporary housing increased following the games?

Answer 10

Locals were supposed to be supported by access schemes and affordable rent
- Rent prices rise £3,000 within a year of occupation=eviction for many.
- LLDC and private developers focus on economic growth form the creation of luxury flats replacing brownfield land for council housing.