The ODA has immediately begun a programme to demolish over 250 buildings over the next year starting with an old print works on the site of the new Olympic Stadium site.

Manny Lewis, chief executive of the London Development Agency, said:
"Our support for the 2012 Games began before London even won the bid because of the much needed benefits it would bring to the East End and Londoners as a whole. The land assembly is the foundation of that change and it marks a huge milestone. It has been one of the largest and most complicated of its kind, yet delivered on time and on budget.

"For three years we have supported a range of individuals, communities and groups through the relocation process. By helping businesses find new sites we have so far safeguarded 98 per cent of jobs and in every case we will continue to offer support as people settle into their new homes and premises.”
  
David Higgins, Chief Executive of the Olympic Delivery Authority, added:
"The London Development Agency has done a fantastic job over the last two years to sensitively relocate the residents and businesses on the Olympic site. It has been a huge challenge, achieved following proper processes and completed on time.

"This is a project without precedent. Twice the size of Heathrow T5 in half the time and one of the biggest construction jobs in the world. We are exactly where we planned to be at this stage of the project. Now we will have full control of the site the pace of work can really accelerate. We are right on track with the demolition work starting on the Stadium site. Designs of the Stadium will be published later this year and we are very confident that they will show a flagship venue fit for the honour of staging the Games."