Indeed, organizers are enthusiastically trumpeting their projections that the 9.3 billion pound ($15.2 billion) Olympic project is both on schedule and on budget.
Granted, original financial estimates almost tripled shortly after London was awarded the Games in 2005, beating out Paris and New York, among others. And once the budget was set, the global economy went into the loo, ensuring that finances would match logistics among the massive challenges to creating a successful Games in a city so old, complex and densely populated.
Though London will be the first city to play host to a Summer Games for a third time, it has been a while and the first time the city truly won a bid to do so.
London landmarks for 2012 Games
The Toronto Sun
August 14, 2010