Andrew Altman will step down as CEO of the London Legacy Development Corporation.

Personnel changes are in store for the team in charge of what happens to London's Olympic Park after the closing ceremonies.

Olympics 2012 bug
London gets ready for the Summer Games See full coverage

Andrew Altman, an American serving as CEO of the London Legacy Development Corporation, will be stepping down in August after being responsible for the overhaul of Olympic Park since 2009.

Altman had been brought in by Baroness Margaret Ford, who will also be stepping down after the conclusion of the Games.

The LLDC replaced the Olympic Park Legacy Company, changing names and legal functions last April. It is now a Mayoral Development Corporation, giving mayor Boris Johnson's office more direct oversight of the park's future.

Altman's departure comes as a bit of a surprise, the LLDC's work typically satisfying the mayor. Altman helped re-envision the previous masterplan for the park's post-Olympic development. During his stint in London, the group was able to secure post-Olympic leases for all of the park's facilities minus its major stadium and media center.

Altman speaks about Olympic Park's layout during the British Design Council's 2011 Design Summit.

But those two gaping vacancies might have done Altman in. Dave Hill of The Guardian speculates that some involved with the LLDC were concerned with his abilities to deal with the complicated politics of real estate negotiations, the stadium negotiations famously unsuccessful

Unlike Athens or Beijing, the OPLC and LLDC's vision for a "Regeneration Games" has already helped secure the future for much of the city's Olympic-related infrastructure. Incoming personnel will face the task of securing the few but substantial structures still in question.

Top image: (Left to right) Communities Minister Bob Neill with Margaret Ford, Chair of the Olympic Park Legacy Company, Boris Johnson, Mayor of London, Hugh Robertson, Minister for Sports and Olympics and Andrew Altman, Chief Executive of the Olympic Park Legacy Company, at the launch of the 20 year vision for the Olympic Park on October 8, 2010. Courtesy Flickr user Department for Communities and Local Government

About the Author

Most Popular

  1. Maps

    How Climate Change Will Affect Animal Migration, in One Map

    Global warming over the next century means that species will move to cooler climates, but manmade barriers often stand in the way.

  2. LA Weekly
    Life

    What Happened to 'LA Weekly'?

    Last week, the city’s award-winning alternative newspaper was purchased by a shadowy entity. Immediately, most of the staff was fired. Then things got weird.

  3. Equity

    Hard Lessons From Chicago’s Public Housing Reform

    Two decades ago, the city embarked on an ambitious—and controversial—plan to transform its troubled public housing system, uprooting thousands of low-income residents. Today, researcher Susan Popkin reflects on what worked—and what failed.

  4. A "For Rent" sign is posted outside a small apartment complex in Carlsbad, California
    Equity

    The Technology That Aims to Disrupt the Security Deposit

    Rentberry, an online rental marketplace, wants tenants to pay security fees in cryptocurrency and have micro-lenders cover most of the deposit. What could go wrong?

  5. Equity

    One Nation, Under the Weight of Crushing Debt

    An interactive map shows where the highest concentrations of households with unpaid bills are.