London Olympic Park to Get $468 Million Overhaul Before Opening

The London Olympic Park will undergo a 292 million pounds ($468 million) refurbishment before reopening to the public next year.

Temporary venues, walkways and stands used during this year’s Olympics will be cleared over the next 18 months while the park is connected to the surrounding area in east London with new roads and pathways, the London Legacy Development Corp. said today in an e-mailed statement.

The park will re-open in phases, starting July 27, 2013, exactly a year after the opening ceremony. The work is scheduled to be completed by the spring of 2014.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE