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Vancouver Off-Topic / Current Events The off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.

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Old 03-04-2010, 10:41 PM   #1
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What's next for Vancouver's athlete village



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One week ago, 2,760 athletes lived in the new, $1.1 billion condominium complex on the banks of Vancouver's False Creek. Today the 1,100 residences in the athlete's village -- what will happen to them now that the Winter Games are over?

First, the buildings aren't yet done hosting Olympic athletes. The Paralympic Games begin next Friday in Vancouver and the athlete's village will host the smaller contingent of participants during the 10 days of competition.

Once that ends, the Vancouver Olympic Committee will hand the complex over to the city government, which will then turn the condos into luxury apartments available to the public. The restaurants, shops, community centers and medical buildings will be converted into restaurants, fitness centers and commercial space. By 2020, the goal is to have more than 10,000 people living in the False Creek area.

That may be a lofty goal though. The depressed real estate market has marred the village project since its inception and threatens to hinder plans for the future. It was built on city-owned land by a developer who was supposed to privately finance the venture and then convert it to luxury condos after the Games, paying the city for the property. But then the credit crisis hit -- Vancouver was particularly vulnerable -- and the city had to provide a $434 million bailout to the developers. In all, Vancouver spent about $1 billion in costs on the athlete's village.

Since the government became so invested in the project, some are using the opportunity to pressure officials to turn the village into mix-market rate and subsidized housing. There had been plans to offer at least 250 affordable housing units following the Games.

VANOC will turn over the property to the city of Vancouver on April 7.

http://sports.yahoo.com/olympics/van...urn=oly,225893
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Old 03-04-2010, 11:19 PM   #2
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Wow! That will be a nice place to live at!
Wonder what the starting price will be...!
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Old 03-04-2010, 11:25 PM   #3
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Wow! That will be a nice place to live at!
Wonder what the starting price will be...!
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buy apartment, tainted by love stains
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Old 03-04-2010, 11:46 PM   #4
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i wonder if those apartments are fully furnished too?
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Old 03-04-2010, 11:51 PM   #5
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I would be hesitant about the build quality on this...
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Old 03-04-2010, 11:57 PM   #6
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They'll earn it back. That property isn't even cheap.
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Old 03-05-2010, 12:22 AM   #7
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Do you really want to buy a place with "love stains" from not only the athletes, but the paralympic athletes too??
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Old 03-05-2010, 12:39 AM   #8
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As long as you can rent it out...I'm sure love stains will be fine!
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Old 03-05-2010, 05:16 AM   #9
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do it like csi, and and look for semen!

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Old 03-05-2010, 05:31 AM   #10
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This is where they went through 100,000 condoms in two weeks.

That paint on the walls? IT'S NOT ALL PAINT.
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Old 03-05-2010, 07:07 AM   #11
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If they turn some of that into social housing, there are going to be a lot more of people applying for low income social housing cause then they can live in false creek
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Old 03-05-2010, 07:23 AM   #12
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I would be hesitant about the build quality on this...
There was another post in another thread that mentioned the shoddy, splash-and-dash workmanship of that whole project.

I say make the whole area low-income. Once all the crack-whores, bums and panhandlers are in residence, then wall the whole thing off. As bedlam ensues, they can put cameras everywhere, and broadcast government-organized bum fights.
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Old 03-05-2010, 07:33 AM   #13
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So you guys are saying you would only buy a new house because people have fucked in a used one?
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Old 03-05-2010, 07:41 AM   #14
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Think of it this way at least is was a bunch of hot in shape people going at it rather then some 400 lber that needs help through to doors!!
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Old 03-05-2010, 07:45 AM   #15
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most of your gf has stained vagina from the past anyways... i dont see the big deal of owning stain apartment
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Old 03-05-2010, 07:57 AM   #16
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I'd consider buying a condo there. Its a good up-and-coming location. As for the build-quality, it can't be any worse than most other condo's. This is not Yaletown.

Another plus is that this project is LEED certified which means that a lot of work has been put into it to make it as sustainable as possible (which also means lower utility costs).
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Old 03-05-2010, 07:59 AM   #17
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most of your gf has stained vagina from the past anyways... i dont see the big deal of owning stain apartment
well unless you pay $700+ / sqft for pussy and share it with other people

i guess your analogy works
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Old 03-05-2010, 09:04 AM   #18
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Since the government became so invested in the project, some are using the opportunity to pressure officials to turn the village into mix-market rate and subsidized housing. There had been plans to offer at least 250 affordable housing units following the Games.
Fuck......That.....Shit.....
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Old 03-05-2010, 09:11 AM   #19
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Lets see what good your LEED certification does when your pipes start to burst ( they already are molding before completion) and things start to fall apart.
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I'd consider buying a condo there. Its a good up-and-coming location. As for the build-quality, it can't be any worse than most other condo's. This is not Yaletown.

Another plus is that this project is LEED certified which means that a lot of work has been put into it to make it as sustainable as possible (which also means lower utility costs).
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Old 03-05-2010, 09:23 AM   #20
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So will they selling these as used or new? Like, will they still have the new home warranty, and will you have to pay tax on them?

Oh yeah, sometimes the LEED thing isn't what it's cracked up to be. I worked on Dockside Green in Victoria, the FIRST LEED platinum community in BC (Designed all the energy metering and suite HVAC controls) and I sure as hell wouldn't want to actually live there.

The people that live there are a bunch of kooky granola eating yuphippie type, you know what I mean...
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Old 03-05-2010, 09:27 AM   #21
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250 affordable housing homes? fuck, how would you feel if you just paid full price but the asshole next door paid a fracion of that for the same place because he is low income?
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Old 03-05-2010, 10:10 AM   #22
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The dorm-style, sparsely furnished condos should go to social housing because they would be tough to sell at market rates.

In terms of build quality, I wouldn't be surprised if it was poor. The developer was Millennium and the lead contractor was Metro-Can Construction. I live in a building which was built by the same team and although I like my place, the finish of the apartment complex was mediocre, at best.
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Old 03-05-2010, 10:20 AM   #23
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The dorm-style, sparsely furnished condos should go to social housing because they would be tough to sell at market rates.

In terms of build quality, I wouldn't be surprised if it was poor. The developer was Millennium and the lead contractor was Metro-Can Construction. I live in a building which was built by the same team and although I like my place, the finish of the apartment complex was mediocre, at best.

yes, the 1 building that i know is bought by the COV, its right by the old sugar shack(now renewed) with the tacky orange cladding outside.
Like i said before, people are paying for a shitty less than 700sqft condo, while the suckers across the street from them are getting help from the gvot and living in a 1000+sqft suite with 3 bedrooms and 2 full baths. LOL

Metro-Cant had about i think 3 buildings there, while other ones were built by ITC, and PCL.

Which complex you live in if you dont mind me asking.
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Old 03-05-2010, 10:30 AM   #24
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i dont care how much pressure they receive, i think the loss is so great there's no way they can turn any of those buildings in to low income housing.
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Old 03-05-2010, 11:54 AM   #25
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All the new condo buildings downtown are built by crackheads and overall dumb useless fucks. Definitely not worth the asking price.
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