The Olympics press and broadcast centre will house a datacentre and start-up incubator following the Games, according to an announcement by iCity, the association that will lead the post-event transformation of the site.
A subsidiary of Infinity SDC, iCity is now the preferred bidder by the London Legacy Development Corporation (LLDC) to create a long term legacy use for the media centre.
It plans to use the centre for media studios, university facilities and a new digital academy will also be part of the site.
ICity said the transformative project will see the creation of 4,600 jobs on the Olympic Park site.
"ICity will provide a sustainable legacy for the local community through the creation of thousands of jobs, apprenticeships and training opportunities," said chief executive Gavin Poole.
The press and broadcast centres are two of the most digitally connected buildings in the world, iCity claimed. It pledged to invest £350m more to advance the digital infrastructure even further - double the amount committed by the government already.
"The incredible track record of start-ups and entrepreneurs in East London is growing at an impressive rate, and this is a chance to provide additional connectivity, capacity, investment and highly advanced infrastructure," added Poole.
"I am hugely excited that work can now begin on turning that vision into a reality."
In the bid iCity made to the LLDC, the group proposed to assist in driving the regeneration of East London and build on the success of the Tech City initiative.
Recently V3 revealed plans to create a giant datacentre for all London boroughs in the Olympic Park, and it is currently not clear whether these proposals will have been affected by iCity's bid.
Rosalie Marshall is the special projects editor and chief reporter at V3. Previously she was a reporter for IT Week and channel editor for online television site LocalGov.tv. Rosalie covers government IT, business applications, IT skills, open source technology and social networks.