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Olympic Village [p.11]

Posted by Aedis Realty on April 18, 2024
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Olympic Village at False Creek

General Description

Olympic Village 3The Millennium Development Group built Vancouver Olympic Village for the 2010 Winter Olympics in Vancouver, British Columbia, Canada. The site, long ago an industrial area, later mostly a parking lot, is on the shoreline of the southeast corner of False Creek north of 2nd Avenue in the two blocks between Quebec and Manitoba streets immediately south of Science World. Its waterfront is part of the False Creek Seawall promenade and bicycle trail to Granville Island, to Aquabus and False Creek Ferry wharves, and to the Main Street and Olympic Village SkyTrain stations.

Construction

Construction at the site began in February 2006 and ended in November 2009, when the Vancouver Organizing Committee took it over for the Winter Games and returned it in April 2010 to the City of Vancouver for eventual conversion to residential housing use with a community centre and daycare, retail, and service spaces.

Part of Olympic Village was Canada’s first residential multi-unit Net Zero Building that generates as much energy as it uses. The designers cut conventional energy consumption to a small fraction by use of solar access and shading, natural cross-ventilation, triple-glazed windows, and excellent insulation. Energy meters in each suite encourage further cuts by showing how much energy is in use, and a heat recovery system transfers waste heat from an adjoining building. Two rooftop solar installations supply the rest of the building’s energy.

Funding crisis

After a series of cost overruns, the Mayor of Vancouver requested from the British Columbia provincial government authority for the city to borrow additional funds to complete construction. In January 2009, an emergency session of the BC Legislature granted the City of Vancouver unlimited access to such additional funds for Olympic Village. The authorization was unusual in that the original charter for the Olympics prohibited such additional borrowing without a public referendum. Thus did the city require extraordinary legislation to allow it to borrow to meet its financial commitments. In April 2014, the Toronto Globe and Mail reported that the City of Vancouver finally had retired the debt it assumed when it took over the Olympic Village project from the bankrupt Millennium Development Group.

Olympic Village 1Information Links:

http://vancouver.ca/home-property-development/olympic-village.aspx
http://vancouver.ca/parks-recreation-culture/creekside-community-recreation-centre.aspx
http://vancouver.ca/home-property-development/olympic-village.aspx

Post-Olympics Progress

Of the legacies of the 2010 Winter Games, Olympic Village was the most uncertain; however, it has achieved a transformation since pre-Olympic times as a result of long-term vision, smart design, and careful planning. Olympic Village is now a most enviable residential district. Olympic Village condo units are among the most attractive in the city. At the foot of False Creek, this prime location has been fundamentally instrumental to the project’s ultimate success. Olympic Village has superlative views of Downtown and its North Shore Mountain backdrop and everything residents need in shops, cafés, restaurants, parks, and daycare within a few blocks.

Olympic Village BridgeAffordable housing

The 2010 Olympic buildings are now residential housing for families. By 2020, if official plans prevail, Olympic Village will have 5,000 affordable residential housing units. Olympic Village is a mixed-use community of about 1,100 residential units, 252 of which are affordable housing and another 100 modest market. Modest market housing is for residents unable to pay market rents. The Olympic Village cooperative, Athletes Village, is an 84-unit building of market and modest market housing.

 

New Olympic Village Live MLS Listings

Olympic Village, Vancouver BC, False Creek

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  • 608 1688 PULLMAN PORTER Street in Vancouver: Mount Pleasant VE Condo for sale in "NAVIO SOUTH" (Vancouver East) : MLS®# R2858365

    608 1688 PULLMAN PORTER Street Mount Pleasant VE Vancouver V6A 0H4
    Main Photo: 608 1688 PULLMAN PORTER Street in Vancouver: Mount Pleasant VE Condo for sale in "NAVIO SOUTH" (Vancouver East)  : MLS®# R2858365
    $1,098,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2858365
    Bedrooms:
    2
    Bathrooms:
    1
    Floor Area:
    805 sq. ft.
    Beautiful Navio South at Olympic Village! Enjoy VIEWS to False Creek & Science World from your covered balcony. Here, an open kitchen features contemporary wood/high-gloss cabinetry, granite counters, kitchen Island & Bosch appliances. Bedrooms are separated, bathroom offers large porcelain tiles, floating wood veneer vanity, frameless glass shower door and in-floor heating. Enjoy 8'8" ceilings and air conditioning. Navio by Concert Properties offers 177 homes in 2 elegant buildings with floorplans that make the best use of space, distinguished interior finishes and first-rate amenities: Private Rooftop Resident Lounges, Concierge, Resident Caretaker & EV parking. Watch the sailboats go by & follow the seawall home to your front door! More details
    Listed by Macdonald Realty
  • 1901 1618 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East) : MLS®# R2869421

    1901 1618 QUEBEC Street Mount Pleasant VE Vancouver V6A 0C5
    Main Photo: 1901 1618 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East)  : MLS®# R2869421
    $1,090,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2869421
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    883 sq. ft.
    xperience the pinnacle of city living in this luxurious 2-bed, 2-bath + den/flex haven, boasting generous storage and an enviable locale mere steps from Olympic Village and False Creek. With its modern design and expansive windows, this home offers an ideal layout ensuring privacy in each bedroom while welcoming views and abundant sunlight. Immerse yourself in a world of upscale amenities curated for the discerning resident, including a cutting-edge fitness center outfitted with advanced equipment and a serene stretching area. Unwind on the rooftop garden terrace, complete with a BBQ patio and tranquil sauna room, or revel in entertainment options like the theatre and games rooms. For those who love to entertain, the dining room/lounge featuring a professional kitchen is perfect for hosting gatherings. With easy access to major transit routes, seize this opportunity to own a distinctive piece of Vancouver's skyline in this urban retreat. Open Sat & Sun 2-4pm. Text upon arrival More details
    Listed by eXp Realty
  • 709 108 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East) : MLS®# R2871221

    709 108 E 1ST Avenue Mount Pleasant VE Vancouver V5T 0E4
    Main Photo: 709 108 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East)  : MLS®# R2871221
    $1,088,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2871221
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    858 sq. ft.
    Experience the epitome of urban living in the coveted MECCANICA building by Cressey at Olympic Village. This contemporary 2BR, 2BATH unit with a solarium offers 858 sqft of living space, complemented by a private 51 sqft balcony, perfect for soaking in the city views. Enjoy a sleek, modern interior with high gloss cabinets, ample in-suite storage, and the convenience of A/C for those warm summer nights. Recent upgrades include new W+D and DW. Includes: 1 secured storage locker and 1 gated underground parking spot. Residents can take advantage of communal gardening, a shared BBQ area on a spacious patio, a fully-equipped gym, and a vibrant amenities room for entertainment. Don't miss out on this rare opportunity for upscale living in one of Olympic Village's most desirable buildings. More details
    Listed by Macdonald Realty
  • 802 1775 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East) : MLS®# R2856627

    802 1775 QUEBEC Street Mount Pleasant VE Vancouver V5T 0E3
    Main Photo: 802 1775 QUEBEC Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East)  : MLS®# R2856627
    $1,086,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2856627
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    845 sq. ft.
    Welcome to The Opsal by Bastion Development. Stunning 2 Bedroom / 2 Bathroom corner unit with separated bedrooms and an open concept floor plan that maximizes space and natural light. The chef-inspired kitchen features a gas cooktop and stainless steel appliances. Primary bedroom has a walk-in closet and a 4 piece ensuite bathroom. Enjoy fantastic city views from your patio and the convenience of a central location near the sea wall and everything Olympic Village has to offer. Fantastic amenities including an exercise centre, bike room and steam/sauna. Unit comes with 2 parking stalls side by side and 1 storage locker. More details
    Listed by RE/MAX Crest Realty
  • 310 1616 COLUMBIA Street in Vancouver: False Creek Condo for sale (Vancouver West) : MLS®# R2854398

    310 1616 COLUMBIA Street False Creek Vancouver V5Y 0B7
    Main Photo: 310 1616 COLUMBIA Street in Vancouver: False Creek Condo for sale (Vancouver West)  : MLS®# R2854398
    $999,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2854398
    Bedrooms:
    1
    Bathrooms:
    1
    Floor Area:
    845 sq. ft.
    Welcome to Bridge - 1616 Columbia Street. Gorgeous, extra large, open and airy 1 bedroom & flex home in Olympic Village, steps to seawall. skytrain and Science World. The expansive Floor plan has no wasted space & features a huge balcony and large open living/dining area and chef's kitchen with Miele/sub-zero appl. High-end details such as over-height ceilings, floor-to-ceiling windows, insuite cooling & much more. The flex space is large enoucg for a guest or child's room, den, or Office. The LEED Gold-certified Bridge features fitness area & Gold Medal Club Access. Children's park across the street nearby. More details
    Listed by Rennie & Associates Realty Ltd.
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Data was last updated April 18, 2024 at 04:10 PM (UTC)
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