The college will be built at Eton Manor, near Temple Mills Lane in the north-west corner of the east London site to provide a temporary base for the college in Stratford.
Over the five-year life of the centre, workers will be trained to use plant from small dumpers to 360 degree excavators to work on the venues for the Games.
The centre will offer weekly training courses with up to eight trainees on two courses. It is estimated it will train up to 2,000 new operators.
This training will be delivered in modular lecture theatres, with a 15,000 sq m outdoors training area allowing excavation and backfilling to a depth of 1.5 m.
A planning application was submitted for the centre last month and is scheduled to be decided by mid-November.
An Olympic Delivery Authority spokesman said: “A facility providing training opportunities is being planned for the north part of the Olympic Park site. Discussions are under way with our industry partners to develop these plans and full details about the facility will be announced in the coming weeks.”
Training is one of the key elements of the Strategic Forum’s 2012 Construction Commitments, demanding local employment projects and training initiatives to allow long-term benefits to the communities in terms of a better trained workforce.
It is estimated the 2012 Games will create more than 33,500 construction jobs, with 24,000 of these coming in trade or craft roles. At the peak, more than 9,000 workers are expected to work on the Olympic Park site.
Planning permission for the site was granted this week. Planners at the -Government Office for London and the Greater London Authority had to wade through 10,000 pages covering two -applications which were submitted in February.
Two rounds of consultation took place for four-week periods earlier this year and included 195,000 leaflets delivered to local residents.
For details on CN’s Games Briefing conference on October 24, go to www.gamesbriefing.co.uk