In July, the organizers of the games turned in their final report, with VANOC claiming revenues and expenses of just under $1.9 billion. Real-estate prices are falling. Video: https://www.youtube.com/watch?v=clNxoMqBCI8 . Be a part of the most vibrant community in Vancouver! The Sea-to-Sky Highway, another legacy project from the Games, also isn’t factored in. FILE - John Furlong looks at Vancouver from Yaletown. Pre-paid City of Vancouver lease to 2040. Rogers Media uses cookies for personalization, to customize its online advertisements, and for other purposes. It’s “LEED Gold,” meaning “thicker walls, high performance glazing, solar shades, ‘hydronic’ or water based heating, a radiant heating system and green roofs.” There are even sky-gardens, plots on the roof to grow veggies as you take in the view. I would have been ashamed of us had we not been able to confirm at the end of the games that we’d finished in the black. Tenanted $1950/mo. 1. “We get the quarterly reports, those were published, but the actual week by week, day by day, financial reports, audits, internal reports, again, minutes from the board meetings – we can’t see those right now. {* newPasswordConfirm *}, Steve Bosch We've sent an email with instructions to create a new password. “I’ll always be […]. This is a rare unit that is definitely worth a look. {* currentPassword *}, Created {| existing_createdDate |} at {| existing_siteName |}, {| connect_button |} Walk or cycle everywhere safely from this outstanding location. Love where you live in this stunning 1056 sq ft 1 bedroom suite featuring an updated kitchen and bath, 2 large balconies, and 2 parking stalls! Now, I’m not suggesting we don’t need more social housing in the city. on a gross basis. Surrounded by lush gardens, enjoy views of the mountains and downtown. Perhaps nobody has looked into the financials of the event than freelance journalist Bob Mackin, who authored Red Mittens and Red Ink: The Real Story of the Vancouver Olympics . The Olympic Village. Included in the total US$6,400,000,000 cost are the $1,000,000,000 for security, $2,500,000,000 for transportation extensions and upgrades, and $900,000,000 for the new Vancouver Convention Centre (An additional $554,000,000 was spent by the city including a portion on the Olympic Village). All rights reserved. The community has outdoor swimming, hot tub and fitness room with yoga studio. The amenities in the building include everything you need: gym, rec room, patio and concierge. Very quiet building. The scenic False Creek in only steps away. Only a few minutes away from the city center, next to the bus station, sky train station, and close to all convenient facilities, so you can enjoy the modern city life. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. Walk Score 87! There are some documents and files that are restricted from access until the year 2111. Perhaps nobody has looked into the financials of the event than freelance journalist Bob Mackin, who authored Red Mittens and Red Ink: The Real Story of the Vancouver Olympics. Olympic Village Condos, Wall Centre Olympic Village, Pinnacle Olympic Village, Salt, Opsal, 181 west 1st avenue, 123 west 1st Ave, 1661 Ontario St, 160 Athlete's … Leftover dollars would be earmarked for building replacement social housing, at a more realistic price, perhaps in nearby areas of False Creek or elsewhere in the city. Clearly that’s unsustainable when social housing’s monthly rents are measured in the hundreds of dollars. Building amenities include a fitness centre, guest suite and roof garden. It’s quite the deal. VANCOUVER (NEWS1130) – It’s been five years since the Vancouver 2010 Olympic Winter Games, and with that passage of time we now know more than ever about what the costs of the massive event actually were. An error has occurred while trying to update your details. That’s about $180 a month to the taxpayer, if the city financed it over a 30-year mortgage at today’s rates. Amenities include gym, multipurpose room and concierge. All this just steps to Granville Island Market, the seawall, Community Centre, excellent restaurants and the marina! 2440 Ash St. Vancouver, BC V5Z 4J6 © 1996-2020 Rogers Media. You have activated your account, please feel free to browse our exclusive contests, videos and content. There is truly no better place to live! The perfect Vancouver Lifestyle for under $600,000! Time will be on the mayor’s side. OPEN HOUSE: Sat (Nov 07) 2-4PM (BY APPOINTMENT ONLY). Sorry we could not verify that email address. Well maintained/responsive strata. As well, you're steps from the seawall, Canada Line & transit, bike lanes & shopping. {* createAccountButton *}, You may have created a profile with another. Convenient location, steps to Skytrain & Canada Line False Creek Station, public waterfront park and community centre. An amazing opportunity for investors and First Time Home Buyers at The Maynard Block. Please contact us. Your existing password has not been changed. Open house:Oct31& Nov1st Sat/Sun 2-4PM Offer presentation Nov 2nd Monday at 2pm. Based on preliminary building massing, in 2006 the City estimated the total cost of the Olympic Village affordable housing at $65M (including the $30M received from VANOC) for the cost of constructing the three buildings. COVID-19 safety protocols in place, please contact listing realtor for private showings. He campaigned on the worthy ideal of ending homelessness. Master bedroom comfortably fits king- sized bed. A few days ago, I had a tour of the $1-billion Olympic village. Yet city administrators have told him the city’s highest-profile social-housing development might break the city budget. Thank you for verifiying your email address. epaper, Digital Access, Subscriber Rewards), please input your Print Newspaper subscription phone number and postal code. Other day/times require 24 hours' notice. Check your email for a link to verify your email address. Vancouver Olympics worth the $7-billion price tag, study says Volleyball players work out at the Richmond Olympic Oval in Richmond, B.C., on Thursday October 7, 2010. Enter your email below and we'll send you another email. LIFESTYLE and LOCATION! 02.23.2009. The spa bathroom features beautiful tiling and large soaker tub. This 1 Br + Flex with no space wasted is absolutely perfect for anyone! I want to get in line. We've sent an email with instructions to create a new password. They are the vocal minority who so often spout the nostrum that the poor must have the right to live on the waterfront, just like the rich. Perhaps by showing he understands that such mushy, utopian thinking — and the past politicians of the left and right who felt pressured to put green-plated public housing in a high-end waterfront development — is what got us into this hobbling financial mess. Easy to show. How does Mayor Robertson sell that hardball without creating a revolt within the hard-left elements of his coalition? Steps away from Granville Island sits this unique 1 bedroom loft style Townhome with soaring ceiling height. The building features a gym, green courtyard, and amenities room. Balance of 2-5-10 warranty remaining. So we now have a defining moment for Mayor Gregor Robertson. The buildings in the Olympic Village were turned over to VANOC on November 1, 2009. When you add up the cost of the event itself and all related projects, the total cost is estimated somewhere in the range of $7 billion to $9 billion. Recent upgrades include engineered hardwood flooring and new appliances including an induction stove and full-sized W/D. This super functional home features a gourmet kitchen with gas cooktop, stone counters and backsplash and plenty of storage. Looking for ultimate lifestyle? The mayor’s idea is the sale will pay for the enormous cost overruns. Downstairs also has a full sized laundry room with additional storage. So are construction costs. I understand that I can withdraw my consent at any time. Hopefully our children and grandchildren will get to see them.”. Call or text 778-839-5442 dhutchinson@sutton.com, Olympic Village Condos, Wall Centre Olympic Village, Pinnacle Olympic Village, Salt, Opsal, 181 west 1st avenue, 123 west 1st Ave, 1661 Ontario St, 160 Athlete's Way, 138 Athlete's Way, 151 Athlete's Way, 181 Athlete's Way, Listed by Royal Pacific Tri-Cities Realty. All of this within steps to the best of the Olympic Village... Urban Fare, London Drugs, Legacy Liquor, the Seawall and plenty of transit options. Inside the mayor’s office, the debate is now how to squeeze out of the Olympic social housing quagmire. Enter your email address to get a new one. Add in the approximately $40 million in free city land and you can pretty much count on Olympic social housing costing $595,000 apiece, or about $540 a square foot. Rarely available unique 1 bedroom + spacious flex home with many upgrades by the developer. Ottawa Hospital CEO Dr. Jack Kitts recently ate hospital food and you won’t believe what happened next. Sadly, I’ll never afford the $6-million penthouses. Already have an account? Short walk to Granville Island, 4th Ave shops and Kits Beach. / Vancouver Sun Files, To steel himself for the year-long journey that began Wednesday, Jonathan Pitre has been going over the hard calculus that underpins his decision to pursue a high-risk, high-reward treatment in Minnesota. Just steps away from the seawall and minutes away from many restaurants. Pinnacle Living False Creek, is an absolute gem, just 6 min. Located conveniently located in the highly sought after False Creek (Olympic Village) area with parks, shops, restaurants, banks, and a community centre nearby, this is a walker's paradise.