London Preparing for 2012 Summer Olympics

The clock is ticking in London. The city is entering the final stretch before next year’s summer Olympics. Organizers say they’re working to ensure the event is both spectacular and safe.

An Olympic extravaganza kicked off in London's Trafalgar Square to start the one-year countdown to the summer games.

Oh it's absolutely huge! The excitement that's being generated..

In 2012 - the British capital will welcome 10-thousand athletes from more than 200-countries.

British diving star Tom Daley took the first plunge into the pool in the newly completed 442 million dollar aquatics center.

It is a stunning triumph of British engineering, British architecture, British design.

A synchronized swimming team tested the waters too...

One of the most iconic Olympic venues is here at the queen's horseguards parade. Workers have already trucked in more than 2 thousand tons of sand for beach volleyball court

The site near Buckingham Palace is normally used for ceremonies - like the annual Trooping the Colour on Queen's birthday.

Authorities are spending nearly 1 billion dollars to keep events safe.

Just a day after London was awarded the games in 2005 -- terrorists attacked the city's transport system - killing 52 people.

Spectators will face tight security at the capital's 32 venues - and officials will keep the threat level elevated.

Permanent structures like the 80-thousand seat stadium are finished, but crews are still racing to complete temporary venues.

The Olympic athletes won't be competing for a year - but their medals are already waiting.

London is the only city in the world to host the modern Olympic games three times: they also took up the torch in 1908 and 1948.

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