Andrew Altman (pictured left) has been appointed as the chief executive of the 2012 legacy delivery company
It was announced yesterday (27 May) that Altman will head up a new company aimed at ‘maximising the legacy opportunities’ from London’s Olympic Park site.
His role will include overseeing the creation of thousands of new homes and jobs in east London as well as the largest urban park in Europe for 150 years.
Altman has previously acted as a planning director on a number of large scale regeneration schemes including the Anacostia River waterfront project in Washington DC.
The scheme, which included a new stadium and arts centre, was nationally heralded by the American Institute of Architects, the American Planning Association and the American Society of Landscape Architects as ‘one of the most innovative urban redevelopment initiatives’ in the United States.
The Anacostia Waterfront bears many similarities with the Olympic Park site ‘having been dominated by industrial sites and suffering from a history of deprivation’.
London Mayor Boris Johnson, part of the panel responsible for Altman’s selection, said: ‘Transforming this area in the east of London, first into an Olympic Park and then into a thriving new district of London, is one of the biggest ever single regeneration projects seen in Europe.
‘To meet this huge challenge requires a big hitter and I believe that, in Andrew, we are getting a big hitter with his impressive record in leading and delivering huge development and regeneration projects in some of the largest cities in the US’.
On his appointment, Altman said: ‘I am extremely privileged to have been selected as Chief Executive for what I believe is one of the most important and dynamic regeneration projects of the century. The scale of the Olympics provides an unprecedented opportunity for urban transformation and will leave a lasting benefit for the people of London. I am passionate in putting all of my public and private experience to work in contributing to the further development of one of the world’s greatest cities’.