London Olympic Media Center Reboots as New Tech Cluster

A project to turn the Olympic media center into a new technology cluster has been given the green light after iCity won the bid to transform the buildings with a £350 million ($546 million) investment after the Games.

Startups, investors and global corporations are set to occupy the press and broadcast centers following the decision by the London Legacy Development Corporation (LLDC) to choose iCity as the preferred bidder.

The centers will host media studios, a university research center and a digital academy on the premises, which have a combined floor space of 17 football pitches. To boost the development of entrepreneurial companies a new business incubator will also be built on the site.

via Wired.com

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About David H Deans

Principal Consultant and Founder of GeoActive Group USA - http://www.geoactivegroup.com - follow @dhdeans
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