By Rebecca Seales

|

London has a brand new traffic-calming measure - and as these pictures show, it's a project of Olympic proportions.

These 300ft white pillars are part of a sleek new cable car system which will ferry Olympics spectators over the River Thames between the two Games venues. 

Gondolas will glide over cables suspended between the futuristic towers, which link the 02 Arena on the south bank of the Thames to the ExCel exhibition centre in east London.

The sky's the limit: The Thames cable cars will carry thousands of spectators across the river between the two Olympics venues

The sky's the limit: The Thames cable cars will carry thousands of spectators across the river between the two Olympics venues

Landmark: The cable car will give stunning views across London

Landmark: The cable car will give stunning views across London

The O2 will host events including the gymnastics and basketball finals, while the ExCel centre features seven Olympic events and six Paralympic sports.

Up to 34 gondolas will run across the river, each carrying a maximum of 10 passengers.

Transport for London (TfL) hopes that up to 2,500 people will use the cable cars every hour - the equivalent of 40 buses.

As well as reducing pressure on the capital's road system, the gondolas will offer tourists and commuters panoramic views over the London skyline.

The consortium of builders behind the project has been led by contractor Mace, whose past projects include the London Eye and the Shard, the iconic pyramid-shaped skyscraper under construction near London's Tower Bridge.

Though they bridge a gap just two thirds of a mile wide, the cable cars have cost an eyewatering 60m to build.

The cost of the project was estimated at around 25m last year, and it was intended to be funded entirely by private investors.

Despite a 10-year sponsorship deal with the Dubai-based airline Emirates, worth 36m, the cable cars will now have to be financed with public money.

Ken Livingstone, Labour's candidate for the London Mayoral Election, has slammed the costly project as 'the most expensive cable car in history'.

However, TfL hopes the unusual transport system will prove its usefulness long after the Games, carrying up to two million people a year.

Mayor of London Boris Johnson is an enthusiastic supporter of the cable cars, and described them as 'enthusiastic and innovative'.

Speaking in 2010 when the plans were first unveiled, the Mayor said: 'A cable car spanning the majestic Thames would not only provide a unique and pioneering addition to London's skyline, but also offer a serene and joyful journey across the river.

'Passengers would be able to drink in the truly spectacular views of the Olympic Park and iconic London landmarks whilst shaving valuable minutes from their travelling time.

'It would also provide a much needed enhancement of cross river options to the east of the city.'

The crossing will bring London in line with other major cities which use cable cars for transport, including Barcelona, Cologne, Lisbon and New York.

It is not yet known what a trip on the cable car will cost, but TfL has said it will definitely be payable by Oyster, the pay-as-you go card which already functions on London buses, underground trains and the Docklands Light Railway.   

Here's what other readers have said. Why not add your thoughts, or debate this issue live on our message boards.

The comments below have not been moderated.

Why have they bothered building this? If the drought continues they will be able to walk across the Thames soon.

So it is to be financed partly by public money. Have the Public given permission for this or is it yet another example of the Government making merry with our money without our permission? Funny how the Government doesn't have enough money for more nurses yet seems to have it for this project. Having spent our money on this, I suppose they will then ask us for more for the essentials our society really needs.

If you want to get mugged, come to London. If you want to beaten up during a night out, come to London. If you want to be ripped off by hotels, restaurants and shops, come to London. If you think your town has a lot of trouble, come to London.

Oh for goodness sake, will you all stop bleating on about the North/South divide, the only ones going on about it are mostly Northerners & I AM a Northerner & so are the rest of my Mums family, so I travel extensively between the two. Leeds & York to pretty dam well for themselves thank you, so do other towns & cities around and about. The fact is that YOU have it a lot easier with cost of houses AND food cheaper up North than down South. While your salaries may not be as much as down South, everything is RELATIVE & in actual fact you have a better quality of life than we do. So stop blinking well moaning & groaning & thank your lucky stars that you live in a county with great beauty & history too & a bit more ready cash than we do!! There's plenty coverage of the North on many programmes, more so than London, think The Coast, the Penine Walks .... and more, it's all there but you fail to see thanks to that huge chip on your shoulder wide enough to block your view!! Solidarity people!!

Ah, I love stories like this just to see the reaction from the sad, miserable, middle England old fool DM readers!!! Bliss...

I thought we were hard up.

I live right next to the Excel. This link to Greenwich is a brilliant idea and I'm looking forward to using it on a regular basis. It's not just about the Olympics which I must admit I'm dreading, purely because of the disruption to the everyday lives of people that actually live here. I think it's ok for the residents of East London to get something out of all this Olympic-driven nonsense. - ed lines, London, 08/04/2012 15:14 What if they charge you a fortune to use it? Still looking forward to it?!?

So.....Have those responsible for the original estimate been sacked? Why were there not penalty clauses in the contracts relating to overspend? - D. Harridge, Welwyn, England, 8/4/2012 I'm always amazed how these experts get it all so horribly wrong, bearing in mind it was only last year the estimate was made. What has suddenly caused the project to more than double in 12 months? We might just as well stop a man in the street and ask him for his estimate, it's likely to be as good, or as bad, as the expert's.

London is a fantastic city and must keep progressing, the Olympics will bring a legacy of special affection and attract millions of future visitors. Whats the point of whining about costs, unemployment and all other problems that our poxy politicians dont care about. LONDON PRIDE- THIS SUMMER SHOW THE WORLD HOW GREAT OUR NATIONS CAPITAL IS!! ( I dont work for the tourist board, I am an ordinary bloke hard up like most people but extremely proud of London)---- Charlie, NO COUNTRY FOR OLD MEN ,--------------I do agree wholeheartily with you. We said and felt exactly the same back in 2004 about the Olympics in Athens. And look, what it brought us? Not only is Greece and Athens bankrupt but Athens transport system is the only that's worth something. I still think it is very foward looking and visionary of your decision makers to build something today that you can fall back on when its the UKs turn to go fully bankrupt. - Vasily, Gytheio, Greece, 08/04/2012 15:25 Truth hurts people

Just goes to show what can be achieved when the means and will power combine. Personally it is a load of garbage on top of all the other excess spend on this olympics. Haven't London got enough going for them already, what about the rest of the country. Although a great sport lover I have no interest whatsoever in this overhyped, overpriced most politically correct games ever. It was once about the best athlete in their field but now all the parasites have to have a piece of another persons achievments. What benefit will these games have for the British people??

The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.