Bloomberg News

Olympics Group to Accept Bids for Media Centers

July 19, 2011

(Correct organization managing Olympic Village in last paragraph of story originally published yesterday.)

July 18 (Bloomberg) -- The company managing real estate built for the London 2012 Olympic Games will start accepting bids for two media centers with a total of 91,600 square meters (987,000 square feet) of space in September.

The Olympic Park Legacy Company aims to lease the International Broadcast Centre, which is big enough to accommodate five jumbo jets, to a “big, anchor tenant” within six months, spokeswoman Victoria O’Byrne said by phone. The 29,500 square-meter Main Press Centre will be leased to smaller companies, she said.

The properties in the northwest corner of the Olympic Park will be large enough to accommodate 8,000 journalists at peak times during the six-week event.

Parts of the Olympic Park and five permanent stadiums will be sold off after the 9.3 billion-pound ($15 billion) event in Stratford, east London, ends in August. Soccer team West Ham United in March agreed to lease the Olympic Stadium following the games and the Olympic Delivery Authority has put the 500 million-pound ($800 million) Olympic Village up for sale.

--Editors: Ross Larsen, Andrew Blackman.

To contact the reporter on this story: Chris Spillane in London at cspillane3@bloomberg.net.

To contact the editor responsible for this story: Andrew Blackman at ablackman@bloomberg.net.


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