subject: 2012 London Olympic Aquatics Centre £11M Over Budget [print this page] 2012 London Olympic Aquatics Centre 11M Over Budget
The cost of the Aquatics Centre for the 2012 London Olympics has increased by 11 million due to challenges to the construction of the roof and air temperature guidelines. The project will cost 268 million to complete, up from the original cost estimate of 75 million.
The Aquatics Centre, designed by Zaha Hadid and built by Balfour Beatty, has undergone several redesign changes since the planning stages. Inspired by water in motion, the design features an undulating roof that resembles a wave. The centre is located on the southwestern edge of the park and is accessible via the Stratford City Bridge.
Despite this setback, the Olympic Games will cost less than expected, staying within its 9.3 billion budget due to money savings along the way. Last month, organizers decided to eliminate plans for an 11 million fabric wrap that would cover the Olympic Stadium that would have served the dual purpose of image projection and spectator protection.
Other cuts have been made to ensure that construction will come under budget, an imperative given the state of the economy and the fact that Olympic construction is notorious for far exceeding the budget (I'm looking at you, 1976 Summer Olympics in Montreal).
The Games came under fire this year when the Coalition Government prepared to make devastating budget cuts to all departments. The government managed to leave the Olympic budget untouched.
However, they slashed funding for UK Sport by 28 percent. Liz Nicholl, CEO of UK Sport told the Associated Press last month, "Ministers have been clear throughout the process that they see the continued support of sports and athletes through to London 2012 as a priority, and this reduction will not have any significant impact on our goals."
The London Olympics is part of a greater revitalization scheme of East London.
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