Will the 2012 Olympics revitalize East London?


By relying partly on collapsible stadiums to be removed after the closing ceremonies, London is moving to avoid the damaging white elephants left after the Games in Athens and even Beijing. But there may be at least one: Stratford’s spanking-new international rail terminal, where planners once envisioned direct links to Paris on the Eurostar bullet train.

Source: The Washington Post.

Based on precedent, I say no. And I see it has already has its first white elephant. To think that Athens hosted the Olympics in 2004 and now it can’t even afford to pay rent.