Olympic Park named project of the year at RICS London Awards

The Olympic Park

The Olympic Park - Credit: Archant

The London 2012 Olympic Park has been crowned project of the year at the prestigious RICS London Awards.

Sixty-four of the capital’s most impressive property schemes battled it out at the Landmark Hotel in central London last week for this year’s top honours.

The annual contest celebrates inspirational initiatives in the land, property and construction sectors.

The title is presented to the scheme demonstrating overall outstanding best practice.

Ahead of construction 246 hectares of land were cleared from the Park. Cleaning and reusing the soil on site saved £68m compared to the cost of landfill.

Chairman London Region Judges, Barry Woodman Frics, said: “London has many needs and the greatest right now is to ensure the regeneration of our Great City to be fit for the 21st Century - thus it is absolutely right that the London Grand Prize this year - the Best of the Best - goes to the Olympics Masterplan for the Urban Regeneration of the Olympic Park itself and the much wider consequent regeneration of the surrounding areas of East London.”

The Olympic Park fought off competition from projects such as Somerset House and the G.E. Fogg Building Queen Mary University.