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Winckworth Sherwood advises luxury hotels including Mandarin Oriental Hyde Park and The Ritz. Robert Botkai and his team also handle all licensing related issues for Sainsbury’s.

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Prospective Olympic Stadium leaseholders invited to submit bids

Wed 18 Aug 2010

Organisations aiming to operate the Olympic Stadium when the London 2012 Games have concluded are being invited to submit their bids.

The Olympic Park Legacy Company (OPLC) has said applicants have six weeks in which to hand in their applications.

All bidders must commit to certain criteria, such as ensuring the stadium is at the heart of the area's regeneration and is used for both community and sporting purposes.

Although initial expressions of interest were sought earlier this year, the bidding process is also open to those who have not yet made their interest known.

Margaret Ford, chairman of the OPLC, said securing the most appropriate solution is "crucial" to its long-term aspirations for the Olympic Park area.

She added that she is "delighted" that bidders with a serious interest in running the site "all want a mixed usage".

The OPLC is aiming to have chosen an anchor tenant by the end of this financial year.

Roger Fitton, a partner at Winckworth Sherwood Solicitors, commented: "Any mixed use scheme has to have a tenant of substance - an anchor tenant - that will attract smaller businesses into a new location to make it viable and the Olympic Park, post Olympics, will be no exception to this."

This comes shortly after work on facilities for the Olympic Equestrian competition got underway at Greenwich Park.ADNFCR-2761-ID-800030818-ADNFCR