West Ham United remain at the centre of discussions over the future of London's Olympic Stadium once the Games are over.
The Stratford venue was the scene of British triumph last night, with gold medals for heptathlete Jessica Ennis, long jumper Greg Rutherford and Mo Farah in the 10,000 metres in less than an hour.
And Allardyce dreams of one day leading his team out in a similar atmosphere.
"It would be a dream to think I could lead West Ham out into that stadium at Stratford," he said.
"I understand the fans have a history with Upton Park but Stratford would be a really significant step forward.
"I have no idea what stage the process is at for the club to acquire the stadium but if we did get the go-ahead it would be a fantastic bonus for West Ham."