Olympic Village at False Creek
General Description
The 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.
Information 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.
Affordable 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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513 110 SWITCHMEN Street in Vancouver: Mount Pleasant VE Condo for sale (Vancouver East) : MLS®# R2865188
513 110 SWITCHMEN Street Vancouver V6A 0C6 
$999,000Residential Attached- Status:
- Active
- MLS® Num:
- R2865188
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 804 sq. ft.
Experience the epitome of elegance in this stunning 2 bedroom/2 bathroom + Pantry room residence, located on the top floor of the LIDO's low-rise section, a prestigious development by BOSA. This home is the pinnacle of efficient and luxurious living, featuring a generous SOUTH facing 182 sq ft patio that serves as the perfect setting for outdoor gatherings and barbecues. Designed with comfort in mind, the unit comes equipped with air-conditioning, soaring over-height ceilings, and a gourmet kitchen adorned with stone countertops and high-quality, full-sized Miele appliances. The spa-inspired bathroom, complete with a vanishing TV in the mirror, adds a touch of luxury to your daily routine. Vitual tour:https://panoraven.com/en/embed/tq0gajQ7RL Open House Saturday April 20 2:00-4:00 More detailsListed by Luxmore Realty
- Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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902 38 W 1ST Avenue in Vancouver: False Creek Condo for sale (Vancouver West) : MLS®# R2865135
902 38 W 1ST Avenue Vancouver V5Y 0K3
$998,000Residential Attached- Status:
- Active
- MLS® Num:
- R2865135
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 870 sq. ft.
Bright and spacious Southeast corner home at "The One"! This functional 2 Bed+2 Bath + Den + Solarium unit is in the heart of Olympic Village, with with 9' ceilings and floor to ceiling windows. Unbeatable location, steps to everything The Village has to offer, Creekside Community Centre, Urban Fare, London Drugs, Flying Pig, Terra Breads, Craft Brewery, Tap & Barrel, banking, Seawall, Skytrain. Amenities include a gym, rooftop terrace, playground, meeting room, rooftop pool & Jacuzzi. Make this your home and enjoy the waterfront living! More detailsListed by RE/MAX Select Properties - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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708 1688 PULLMAN PORTER Street in Vancouver: Mount Pleasant VE Condo for sale in "Navio South" (Vancouver East) : MLS®# R2870792
708 1688 PULLMAN PORTER Street Vancouver V6A 0H3
$988,000Residential Attached- Status:
- Active
- MLS® Num:
- R2870792
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 802 sq. ft.
Welcome to Navio by Concert Properties. This bright, air-conditioned home has an open concept layout and is located in the heart of Olympic Village. It is a rare 1-bed + Den & Flex room – with the den being large enough to convert into a second bedroom. Being on the north side of the building, you have peek-a-boo water & mountain views with plenty of windows. The modern kitchen is well equipped with elite integrated Bosch appliances, custom cabinetry & Caesarstone counters. This luxury building includes full-time concierge, fitness centre & two rooftop garden terraces. Just steps to the scenic seawall, Skytrain, Science World and everything Main Street & Olympic Village has to offer. This is the one you have been waiting for! 1 parking & 1 storage locker. More detailsListed by RE/MAX Crest Realty - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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218 1869 SPYGLASS Place in Vancouver: False Creek Condo for sale in "REGATTA at VENICE COURT" (Vancouver West) : MLS®# R2870730
218 1869 SPYGLASS Place Vancouver V5Z 4K7
$979,900Residential Attached- Status:
- Active
- MLS® Num:
- R2870730
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 938 sq. ft.
Beautiful updated 2 bedroom 1.5 bathroom home in FALSE CREEK FREEHOLD... steps to the Seawall! This home features a spacious kitchen with plenty of storage, stone counters and stainless steel appliances. Appreciate a large dining room to host and oversized living room with cozy gas fireplace and large windows inviting plenty of sunlight that steps out into the sunny, private, south facing patio. The principal suite boasts space for a king sized bed, updated ensuite and large closet. Amenities include an indoor pool, hot tub, sauna, and fitness centre. All of this, steps to the Seawall, Olympic Village amenities/shopping, Canada Line, Cambie Village shopping and easy access into the Downtown core. Includes 1 parking & 1 storage. ***OPEN HOUSE SUNDAY APRIL 21, 2-4PM*** More detailsListed by Oakwyn Realty Ltd. - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
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410 388 W 1ST Avenue in Vancouver: False Creek Condo for sale in "The Exchange" (Vancouver West) : MLS®# R2871522
410 388 W 1ST Avenue Vancouver V5Y 0B2
$959,900Residential Attached- Status:
- Active
- MLS® Num:
- R2871522
- Bedrooms:
- 1
- Bathrooms:
- 1
- Floor Area:
- 818 sq. ft.
Welcome to The Exchange, a rarely available gem nestled in the heart of False Creek. This unique Heritage building boasts a rich history as the former telephone exchange in 1911, now transformed into modern heritage boutique living. Step into a world where timeless charm meets contemporary elegance w/ Douglas fir beam ceilings, exposed brick walls & polished concrete floors complemented by 9'2 ceilings. Features luxury Italian "Dada" kitchen, high-end appliances, spacious frameless glass shower & separate tub & massive 143 sqft patio. 1 parking 1 storage. Amenities include a rooftop terrace w/ gardening plots & BBQ & an entertaining lounge. Steps to the Canada Line, Whole Foods, Cambie shops, Olympic Village restaurants & shops, Hinge dog park, the seawall & countless fitness facilities. Open House Saturday, April 20th and Sunday, April 21st, 2-4 PM. More detailsListed by Engel & Volkers Vancouver - Aedis Realty
- 604-688-8669
- 604-657-1111
- Contact by Email
