Sydney Olympic Park Authority is responsible for managing, developing and marketing a $2.5 billion portfolio of assets. This includes community engagement and extensive commercial arrangements with partners, sponsors and stakeholders. As place manager, the Authority is responsible for day-to-day management of all public places, 430 hectares of parklands and seven sporting venues. This includes the management of buildings, facilities and landscape assets; delivery of programs and events; enhancement of visitor experience; provision of sports and leisure facilities; conservation of water, energy and resources; protection of ecosystems, heritage and the environment; and general coordination of the orderly use and operation of the precinct. Sydney Olympic Park Authority continues to develop the Park under the guidance of Master Plan 2050. The vision is that Sydney Olympic Park becomes an internationally admired example of sustainable urban renewal and development. One that successfully integrates world-class venue infrastructure and parklands with a new community of workers, residents, students and visitors to create an innovative example of place making and a valued legacy of the Sydney 2000 Olympic and Paralympic Games.