One month to go: London ready for Olympic Games

UNDATED (NBC) -- With one month left to go until the Summer Olympic Games, London says it's ready to play host to the world.

The London Games are on schedule, under budget and with the final field of athletes almost set, there's not much left to do but wait.

"I think London is as ready as any Olympic city has ever been at this stage in the business,” said Boris Johnson, Mayor of London.

In honor of the important 30-day milestone, London's Tower Bridge was decked out with the Olympic Rings.

Tower Bridge isn't the only London landmark getting an Olympic facelift -- several of the city's top sites are being transformed into Olympic venues.

Wimbledon will host the tennis competition.

The soccer competition will take place at Wembley Stadium.

And the famous Horse Guards Parade Ground at Buckingham Palace will be transformed into a beach volleyball arena.

But it's the new $808 million Olympic stadium that is the centerpiece of the games.

The stadium has a capacity of 80-thousand and will host the opening and closing ceremonies and track and field events.

As for the athletes -- they say they're ready too.

"I know it's going to be tough but I'm just going to keep on fighting," said Tyson Gay, sprinter.

"We all want to be the best we can be and we want to win that's just how we are," said Michael Phelps, swimmer.

"This is my first Olympic team so I'm very excited and I'm very happy and we're going to bring you all back the gold," said Francena McCorory, sprinter.

And they'll have a lot of company; some 10,500 athletes from 205 nations will take part in 302 events.

The Games kick off with the opening ceremony on July 27th.