[4] At the time of the Olympic bid it was intended that the complex would be privately financed on the basis that the building would have residual value from alternative uses after the games.
[1] As of December 2009, the Olympic Delivery Authority had allocated £702 million of Programme and Funders’ contingency, largely to cover the decisions to publicly fund the Village and Media Centre after it became clear private funding could not be secured on acceptable terms during the 2008 to 2010 economic crisis.
[8] Following the games, the property firm Delancey formed a joint venture with Infinity SDC to convert the Olympic broadcast and press centre into a tech hub for corporations.
The joint venture was called iCity,[9] with Laing O'Rourke being appointed to carry out the £150 million redevelopment of the Broadcasting Centre.
[2] The complex was designed to create some 900,000 square feet (84,000 m2) of business space as part of the legacy of the games.