The Olympic Village

Olympic village

London's East Village neighborhood was bought by Qatar after the London 2012 Olympics.

The former athletes' village has been transformed into nearly 3,000 new homes, complete with a school, bars, restaurants and a shopping center.

Related: Can rich countries afford the Olympics?

The estate was purchased for £557 million ($870 million).

First published November 16, 2014: 10:17 AM ET

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