1. The Olympics -one year wonder or long-term opportunity? Promote peace and international understanding Celebrate cultural diversity Encourage fitness and participation in sport Regenerate the cities in which they are held

2. London 2012 -the answers 9.3 billion -cost of London 2012 in £’s (14.5 US) 496 million -cost of Olympic stadium in £’s (790 US)  9.6 million -number of tickets for sale for Games  250,000 -number of spectators each day at the Park 80,000 -capacity of the Olympic stadium 21,000 -number of journalists at the Games 17,000 -number of athletes in the Athletes Village 2,800 -number of new homes in the Athletes Village 200 -number of buildings demolished in the Park

3. The Olympic Legacy Legacy can be; national or local direct e.g. a new park or indirect e.g. transport improvements positive e.g. new homes or negative e.g. higher house prices economic, social or environmental

4. The legacy of previous Games Barcelona, 1992 It was an industrial port in decline, like east London The Olympics kick-started regeneration in Barcelona Estimated 20,000 permanent jobs were created Manufacturing fell but services grew, especially tourism By 2005, Barcelona had recovered cost of Olympics

5. The legacy balance sheet CityYEARPOSITIVE LEGACYNEGATIVE LEGACY BARCELONA1992Economic growth, tourism Working people moved out ATLANTA1996Economic growth, services Poor people moved out SYDNEY2000Olympic Park, housing Housing prices increased ATHENS2004Transportation Improvement Unused venues, debt

6. Why east London? Life expectancy 75.8 Unemployment (%) 11.3 Violent crime (per 1,000) 28.7 Lone parent families (%) 11.9 Private housing (%) 68.5 Average house price (2008) £242,351 (385,000 US)

7. IMPACT SO FAR Stratford City (Westfield) Opened Sept 2011 The largest urban shopping mall in Europe 300 shops, including 70 food outlets, a casino, cinema, hotel and offices 10,000 new jobs

8. Economic Legacy East London has faced long- term economic decline Manufacturing industry in the Lea Valley has gone 5,000 more jobs were lost in 2007 with the Olympic Park Where are new jobs from the Olympics going to come from?

9. The Media Centre 20,000 of the world’s media will come in 2012 It is likely to provide most jobs at the Park, post-2012 The aspiration is for creative and cultural industries to invest

10. Social legacy The Athletes Village will provide 2,800 new homes, post-2012 Half of the homes will be ‘affordable’ The other half will be for private rent The Village will have a new academy and other community facilities In Sydney house prices rose and promise of affordable homes was broken So far, this has not happened in east London

11. Environmental legacy Stunning venues and architecture Stadium is likely to be used by a football (soccer) club Aquatics Centre for community use and elite sports Over 100 hectares of green open space 6.5 km of restored river and canals New bridges, cycle and walking routes to connect east London

12. YOUR JOB Find one article that deals with any Olympics The positive or negative impact it had on that community. Be able to discuss you article