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Olympic Village [p.9]

Posted by Aedis Realty on March 28, 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
  • 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
  • 801 108 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale in "MECCANICA" (Vancouver East) : MLS®# R2856450

    801 108 E 1ST Avenue Mount Pleasant VE Vancouver V5T 0E4
    Main Photo: 801 108 E 1ST Avenue in Vancouver: Mount Pleasant VE Condo for sale in "MECCANICA" (Vancouver East)  : MLS®# R2856450
    $999,800
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2856450
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    785 sq. ft.
    Discover contemporary luxury living at Meccanica by Cressey, an award-winning development. This 2 bed 2 bath corner unit boasts a seamless open concept layout, flooded with natural light from its south-east facing orientation. With high ceilings, engineered hardwood floors, and air conditioning, comfort meets elegance in every corner. Enjoy expansive views of the rooftop garden and partial mountains through large windows. The modern kitchen features high gloss cabinetry, complimented by easy access pantry storage. Retreat to the spa-like primary ensuite with dual sinks. Benefit from the well maintained concrete building and proactive strata. Experience urban living at its finest with Meccanica's unparalleled amenities and location. Schools Simon Fraser Elementary and Eric Hamber Secondary. More details
    Listed by RE/MAX Crest Realty and Oakwyn Realty Ltd.
  • 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.
  • 702 1833 CROWE Street in Vancouver: False Creek Condo for sale in "Foundry" (Vancouver West) : MLS®# R2835195

    702 1833 CROWE Street False Creek Vancouver V5Y 0A2
    Main Photo: 702 1833 CROWE Street in Vancouver: False Creek Condo for sale in "Foundry" (Vancouver West)  : MLS®# R2835195
    $998,000
    Residential Attached
    Status:
    Active
    MLS® Num:
    R2835195
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    882 sq. ft.
    Unbeatable location with stunning city and ocean views from every room, this lovely 2 BED 2 BATH in False Creek offers a contemporary concrete LEED certified Polygon building that combines the best of modern convenience and stylish living. Inside, you'll find an open-concept floor plan that maximizes every inch, offering a spacious living area and a sleek, well-appointed kitchen, ideal for entertaining. The prime location is amidst shops, trendy eateries, beautiful parks, and the seawall. The strata is very proactive. The unit includes 1 parking spot and 1 storage locker. Amenities include a bike room, visitor parking, exercise Centre, and playground. Pets and rentals are welcome. This one truly has it all. More details
    Listed by RE/MAX Masters Realty
41-45/91
Data was last updated March 28, 2024 at 05:10 PM (UTC)
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