A consortium backed by data centre developer Infinity has worked up a bid to turn the 940,000 sq ft Olympic media centre into a tech city-style hub.
The consortium, which is understood to be operating under the name iCity, plans to use the £355m press and broadcast centre as a hub for technology and creative industries.
Prime Minister David Cameron has an ambition to create a "Silicon Valley" in east London stretching from Shoreditch to the Olympic Park.
At the launch of the Government sponsored UK Tech City he said it will be "bringing together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world's great technology centres."
Infinity was founded in 2006 and is backed by Lord Rothschild's Rothschild Investment Trust.
Bidders have until noon on Friday to submit their tenders to buy the press and broadcast centres to operate after the 2012 Olympic Games.
Earlier this week further details of the Resolution Property-backed UK Fashion Hub bid were revealed including new images and news that Workspace has agreed to take 150,000 sq ft for offices for small- to medium-sized businesses.
The plans also include a design innovation and growth centre that will have a link to a major London college.
It will offer high-end 2D and 3D printing and include a demonstration suite for the latest new technology that the fashion design industry has to offer.
Other bidders for the media centre include sports retailer Decathlon, Spanish theme park operator Micropolix, and Acer Snowmec, which has proposed an indoor ski resort.
The Olympic Park Legacy Company has also compiled a list of 21 parties with requirements for space at the centre ranging from 1,000 to 100,000 sq ft including Channel 5, Loughborough University and Trumans Brewery.
CBRE is advising the OPLC.