Over £100 million has been invested by the London Development Agency (LDA) in the Wembley area, including money to give the nation's football, rugby leagues and athletic teams a world class stadium that everyone can be proud of.
As well as funding for the stadium project itself, this work includes:
The LDA has played a major role on behalf of the Mayor of London in brokering the deals that are making the new stadium and the developments around it a success. The Agency has used its funding and influence to help secure investment from a range of public and private sector partners, to ensure that the stadium acts as a catalyst for regenerating the wider area.
The developments as a whole are set to bring huge benefits for local shops and businesses, and the LDA is harnessing those opportunities for local people with training and support. And whether it's dedicated work with targeted groups, or a light-hearted competition to name our new footbridge, we're also committed to engaging with local communities.
The stadium is at the heart of a huge transformation in North-West London, acting as a catalyst for regeneration, bringing great benefits to local communities and business.
The impressive stadium has a circumference of 1km with seven levels and a roof that rises to 52m above the pitch. The 1,750 ton 'triumphant arch' is the largest stadium clear span roof structure in the world.
Higher than the London Eye, the arch has generated a new symbol for Wembley in place of the twin towers that decorated the old stadium.
The LDA, who are partnered in funding the £757 million development by WNSL (Wembley National Stadium Limited), the Football Association, the Department for Culture, Media and Sport (DCMS) and Sport England, hope it will inspire young people to succeed in sport as well as providing a world class venue to support our national teams.