00:00 Stratford, 2012. The Olympic Games was a time of celebration.
00:07 Twelve years on in what used to be London's industrial heartland,
00:13 its shiny new developments shooting up into the skies.
00:16 But the work is far from over for the London Legacy Development Corporation,
00:20 the agency charged with fulfilling the Olympic pledges.
00:23 The planning for the Games started in 2000 and before. We're nearly 25 years on,
00:30 a quarter of a century on, and we're still doing that work because this is a huge area.
00:36 But fundamentally as creating opportunities for local people, that work takes time.
00:43 Creating opportunities for people living near the Olympic Park was the aim of the London Games.
00:47 This used to be the athletes' village, but now it's mostly luxury flats.
00:53 In this part of London, rents have risen faster than anywhere else in the city over the past three years.
00:59 The real challenge is you invest vast amounts of money into the area,
01:04 you uplift the value of the land, it increases rents,
01:08 and then the very people that you want to help and reach, you're at danger of pricing them out.
01:14 On the other side of the tracks from the Olympic Park is the Carpenters' Estate.
01:18 Physically divided by the railway, it has an entirely different feel.
01:23 Growing up, Ethan spent time with his grandparents who lived in one of the tower blocks.
01:30 It does feel weird looking at this and to see that it's just sort of like dilapidated.
01:36 Obviously it has helped the economy, but I wouldn't say that after those initial few months
01:41 there was really anything going on that I can remember vividly.
01:46 Ethan's family chose to be rehomed, just one example of the many that cleared out of the Carpenters' Estate
01:51 in the run-up to the Olympics amid looming regeneration projects that never happened.
01:57 Elected six years after the Games, Rokshana Fiaz campaigned on the promise
02:02 that she would redevelop the estate in a way that would help current residents.
02:06 So I felt a sense of responsibility and an obligation to reverse the trust deficit of local residents
02:14 that frankly were angry and felt quite aggrieved about the range of promises over the preceding 15 to 20 years.
02:23 It may have taken decades, but the Carpenters' Estate is now the focus of a regeneration project
02:28 that involves locals, led by Populo Living.
02:32 So this is the restored Carpenters. It will be an absolutely amazing place to live.
02:39 The project is set to deliver homes at social rent levels, meaning 40 to 60% below market rate.
02:46 My message to the Mayor of Paris is please be really clear and do not lose sight of the ambition
02:54 that you have for your people and deliver for people in terms of what they want in the immediacy,
03:00 but also into the future.
03:03 A word of warning from across the channel, as Paris is making similar housing
03:08 and regeneration pledges ahead of their hosting of the 2024 Olympic Games.
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