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Last Updated: Friday, 16 January, 2004, 12:59 GMT
London 2012 venue: Millennium Dome
Plans submitted for the Millennium Dome
Gymnastics, trampolining, basketball and handball finals

Labelled an embarrassing white elephant after being used for the Millennium celebrations, the Dome could come into its own at a 2012 London Olympics.

Although situated on the other side of the River Thames from the planned Olympic zone in the Lower Lea Valley, the Dome is just a few miles away in Greenwich.

The plan is to link it to the core zone with a giant park from the north bank of the Thames to Hackney Marshes, as well as some kind of river crossing.

It cost 22.9m to keep the Dome empty since July 2001 and the start of this year.

But developers are due to begin work in 2004 to transform it into a 26,000-seater sports and entertainment centre.

Work could be finished by 2006, making it the ideal venue for some indoor Olympic events.

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