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Olympic Village [p.10]

Posted by Aedis Realty on April 26, 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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  • 805 88 W 1ST Avenue in Vancouver: False Creek Condo for sale (Vancouver West) : MLS®# R2871705

    805 88 W 1ST Avenue False Creek Vancouver V5Y 0K2
    Main Photo: 805 88 W 1ST Avenue in Vancouver: False Creek Condo for sale (Vancouver West)  : MLS®# R2871705
    $1,149,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2871705
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    804 sq. ft.
    Two bedrooms plus den/office at "The One" situated in the heart of Olympic Village. providing easy access to various entertainment and dining areas. It has a functional layout that features separate bedrooms, a large, bright office/den, and a good-sized patio with a view of Olympic Village Square and North Shore Mountains. An open-concept kitchen with granite countertops, and air-conditioning. Building amenities include an outdoor pool, hot tub fitness center, and a lounge. Comes with 1 parking space. More details
    Listed by Nu Stream Realty Inc.
  • 310 429 W 2ND Avenue in Vancouver: False Creek Condo for sale in "Maynards Block" (Vancouver West) : MLS®# R2862915

    310 429 W 2ND Avenue False Creek Vancouver V5Y 1E3
    Main Photo: 310 429 W 2ND Avenue in Vancouver: False Creek Condo for sale in "Maynards Block" (Vancouver West)  : MLS®# R2862915
    $1,110,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2862915
    Bedrooms:
    1
    Bathrooms:
    2
    Floor Area:
    830 sq. ft.
    Welcome to the Maynards Block! This unique two level loft offers 18' ceilings; large floor to ceiling windows; huge private patio; home office; one secure parking space and one storage locker. The kitchen offers plenty of storage and counter space and has s/s appliances. Amazing amenities include gym, yoga studio, roof top deck and concierge. This is a fantastic location with easy access to stores, restaurants, transit, Cambie corridor and more. More details
    Listed by RE/MAX Crest Realty
  • 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
  • 910 111 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale in "Block 100" (Vancouver East) : MLS®# R2874099

    910 111 E 1ST Avenue Mount Pleasant VE Vancouver V6A 0E9
    Main Photo: 910 111 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale in "Block 100" (Vancouver East)  : MLS®# R2874099
    $1,089,800
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2874099
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    917 sq. ft.
    Welcome to Block 100, located in the heart of Olympic Village. This North West corner 2 bedroom, 2 bathroom + den/flex space provides an ideal layout with stunning views of both the North Shore mountains and the City. The floor plan is superb, maximizing all 917 sqft of living space with a welcoming foyer, great bedrooms and generous living space. The kitchen is outstanding w/ full size JennAir appliances, a spacious island & excellent storage. Over $15,000 of upgrades: California closet organizer, Nest automation w/ remote A/C control, automatic blinds, NuHeat in bathrooms, motion sensor lights, Murphy bed & more. Enjoy the views of the City, North shore mountains and those stunning west coast sunsets off of your balcony. Great amenities including a gym, multiple amenity rooms, roof top community garden and more! All of this AND Gino, one of Vancouvers most beloved concierges! Amazing location mere steps from False Creek Seawall, Science World and all OV restaurants/bars. Open House Sat April 27 1-3pm More details
    Listed by Homelife Benchmark Realty Corp.
46-50/110
Data was last updated April 27, 2024 at 03:10 AM (UTC)
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