Potters Fields Park will be known as 'London Park' for the duration of the 2012 Olympic and Paralympic Games, according to a document signed off by Mayor of London Boris Johnson last week.
Potters Fields Park is one of four locations where the public will be able to watch the action from the Olympics and Paralympics on big screens.
Whilst the so-called 'live sites' at Hyde Park, Victoria Park and Trafalgar Square will be run by Live Nation, the Greater London Authority says it will issue a separate invitation to tender for the Potters Fields Park contract.
"London Park will also be a free-to-access site for the public, but will act as a 'passing through' or short stay site for the public to engage with the 2012 games," according to a report approved by the Mayor last week.
"The area will feature a variety of 2012 activity which will showcase London as the host city: coverage of the games on a large outdoor screen, a variety of roving entertainment, and themed concession stands."
The report adds that "London Park will act as the main viewing point for the 'iconic spectacular' Olympic rings and lighting on Tower Bridge".
An application for advertisement consent for the installation of the Olympic rings and Paralympic agitos on Tower Bridge is expected to be considered by Southwark's planning committee in the coming weeks. It is likely that the council will approve the installation of the rings and agitos but will refuse consent for sponsors' logos to be projected onto the bridge's towers.
English Heritage, which previously complained about plans for corporate logos to be projected onto a listed building, has now withdrawn its objection.
It is also suggested that 'London Park' will embrace part of the More London estate, including The Scoop. A temporary visitor information kiosk is planned for More London Riverside.
During the summer nearly £300,000 was spent on redecorating and refurbishing the chamber at City Hall to prepare the building for its special role during the 2012 games.
"I think it is likely, clearly, that the building will be closed to the public probably at least during the period of the Oympic Games for security and other reasons," Neale Coleman, director of London 2012 at the GLA, told the London Assembly in July.
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