ELBA's media centre meeting with new vehicle held up

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ibc.jpgI'm not reading too much in to this - all right I am - but I am reliably informed that a scheduled meeting yesterday between Baroness Ford and Andrew Altman and the East London Business Alliance - the guys talking to potential tenants interested in moving to Hackney Wick's Olympics media centre after the Games - was cancelled.
Apparently the Legacy Vehicle duo were called in to another meeting and will reschedule shortly.
It adds to the view that the Olympics Legacy Vehicle's launch is being delayed by the ongoing negotiations over how it will operate and in particular whether the LDA keeps the land acquisitions debt on its books or the government takes it on.

From what I hear this debate has become increasingly political and there is something of a battle of wills over who ultimately has control for the Olympics project in its legacy phase.
Ford and Altman's meeting yesterday was to have been an informal chat with ELBA about how the site can be developed after the Games to meet modern media and broadcast requirements and about the creation of a draft prospectus for potential occupiers.

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About this Entry

This page contains a single entry by Paul Norman published on September 24, 2009 10:47 AM.

Is the OLD team being unfairly castigated? was the previous entry in this blog.

Questions for Altman interview sought is the next entry in this blog.

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