When the Vancouver Games end on February 28th, the city will set its plan in motion to convert the newly erected Olympic Athlete's Village into luxury apartments for sale to the pubic. The 1,1000 residential spaces currently occupied by athletes will be divided into 730 condos, 120 rental apartments and 250 affordable rental apartments. Unit size will vary from 500 square feet to 3,000 square feet. Developers aren't releasing any info about which athletes stayed where, so buyers will have to give up the dream of locking down a Gold medal room.
By 2020, Vancouver hopes to house more than 13,000 people in the newly developed Southeast False Creek area. The community centre currently being used as a restaurant and office space for Olympic athletes will offer its future residents a full-size gym, an arts and crafts room and a fitness studio among other amenities. The community centre will also provide 6,000 feet of commercial space.
Young families will enjoy the planned elementary school and 3-5 licensed childcare facilities. There's also talk of a community garden space, playgrounds and 10 hectares of park land.
Prior to 1932, visiting athletes were housed in rented locations around the host city - a costly arrangement that changed for the better when Pierre de Coubertin, the founder of IOC, suggested building an Olympic Village.
The first Olympic Village was constructed for the Los Angeles 1932 Games and housed male athletes only - female athletes stayed in a nearby hotel. While the village was dismantled after the Games, subsequent villages, like the Vancouver Olympic Village have been converted into community spaces.
Greece Euro Exit Looms, Europe Fiddles
Washington Post Slams Nancy Pelosi
Fed Official Essentially Calls For Dimon To Leave New York Fed
Chuck Schumer Hammers Defenders Of Facebook Founder Who Dumped America
Will Romney Go Beyond Fox News In General Election?
Newt Gingrich: 'Mitt Romney Is A Lot Like Eisenhower'
WATCH: The Bain Bust Out: How Tony Soprano Explains Private Equity
Bill Clinton Poses With Porn Stars
NYPD: Person Has Implicated Himself In Boy's 1979 Disappearance
SAY CHEESE: Facebook Makes Big Announcement
One In Three Homeowners Owes Bank More Than Home Is Worth: Study
Women Allowed In Combat Under Senate Defense Bill
Student Loan Plans Get Big Rejections
Cyber Criminal Found Guilty Of Hijacking 30 Million Computers
WATCH: George Zimmerman 'Comfortable' In Police Station After Trayvon Martin Killing
As Gingrich Attacked Romney On Bain, Obama-Allied Super PAC Took Notes
Trade Revolt Against Obama Intensifies
Good News For Gay Marriage
WATCH: O'Reilly, Letterman Fist Bump
Mitt Bringing In The Donald
FBI Is Now Eavesdropping On Internet Communications
Post-Tsunami, 'We're Expecting 100 Sneakers With Bones In Them'
Yahoo Unleashes Gorgeous New Web Browser Extension
