John K. Defterios, Anchor and Emerging Markets Editor, CNN International speaks during the 2012 of the World Economic Forum at the congress centre in Davos, Switzerland, January 27, 2012. (Wikipedia/Michael Wuertenberg)
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Twelve kilometers due east from Central London is Stratford, where there is rapid change underway in what can be best called a crane city.This is the London Legacy project, home to the 2012 Summer Games, and the site of a huge regeneration effort. So in the spirit of the Olympic Games in Rio, I made my way to East London to see if the country can deliver on its promise when it put forth the bid to create a new destination in a city starving for affordable housing and office space.Two sizable government entities have already committed to being anchor tenants, Transport for London and the Financial Conduct Authority, meaning that one quarter of the 4 million square feet on offer is accounted for.To play in the big leagues, London Legacy spent a head-turning $300 million to spruce up their 50,000-seat stadium for the West Ham Football team.Even before the Olympic park was built, the surrounding area became a magnet for residential investment.
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