A vast amount of public and private money has been invested in London 2012. The bid promised a revitalised East London with new communities and jobs, more engaged young people and high levels of sports participation.
But how will London really benefit and have the objectives been achieved? How much money has been spent? What were the objectives? How have the goals been met? And overall, after the games have come and gone, will London be a better place?
As we approach the opening of the Games, the eyes of the world's media are increasingly turning to London. The 2012 Games have been dubbed the "Regeneration Games" but to what extent has the grand ambition to regenerate one of the poorest parts of London been acheived?
Centre for London is developing a Scorecard by which to measure progress so far against the original aims of the Olympic bid. It will include facts and figures on the impact the project has had on East London from how much it has cost, the value of the transformed land, new jobs created and skills developed and the new houses built and expected over time.
The scorecard will act as an authoratative, digestible account of the value of the Games to London and an assessment of the success or otherwise of the project overall. It will also provide a timeline, assessing the impact of the project in the build up and during the Games and the critical period after the Games when the real work of establishing new communities in and around the Park will take place.