Creative and digital hub to be created in 2012 Press and Broadcast centres
Mayor of Hackney Jules Pipe has welcomed an agreement that means the future of the former Press and Broadcast Centres on Queen Elizabeth Olympic Park has been secured as a creative and digital hub.
iCITY signed an agreement with the London Legacy Development Corporation today (May 16) that will see it bring tech, digital, creative and media companies to the buildings and create jobs and training opportunities for local people, as well as ensuring local businesses benefit from supply chain opportunities.
I'm delighted that LLDC and iCITY have signed this agreement, which means we are well on the way to securing a valuable economic legacy for Hackney from the 2012 Games, bringing thousands of jobs to our borough and creating training and employment opportunities for local people.
It is fantastic that iCITY shares the Council's long-held vision for a digital and creative hub at the former Press and Broadcast Centres in Hackney Wick.
It is expected there will be 4,500 jobs at the centres, with a further 2,000 created in the local area by 2019.
iCITY will invest more than £100million to make the Press and Broadcast Centres an attractive and vibrant location where creative and digital companies will locate.
Already confirmed tenants include BT Sport, which launched its new channels last week, Loughborough University, Infinity (the UK’s fastest growing provider of data centre services), and Hackney Community College, which will establish a new digital apprenticeship at iCITY.