February 16, 2011
A year, pretty much to the day, after we were transfixed by Crosby’s golden goal, Petra Madjic’s harrowing fall (and subsequent bronze medal) and gold medalist Jon Montgomery’s insatiable thirst, the condos formerly known as the Olympic Village are set to go on sale to the public. They open tomorrow and, though this isn’t the first opening, expected discounts should help push sales.
The project, now known as The Village on False Creek, is 480-units that reportedly range in price from under $600,000 to well over $1.5 million.
The development’s journey from temporary homes for Olympic athletes to condominiums for decidedly less-athletic owners has been nothing if not dramatic. Here’s the latest drama: An article in yesterday’s Vancouver Sun reports that Rennie Marketing Systems, the company who’s job it is to sell the remaining units, is being investigated by the Real Estate Board of Greater Vancouver for allegedly accepting offers in advance of the public opening date.
Bob Rennie, of Rennie Marketing Systems, admits that some sales agreements were sent out disceretely in advance of tomorrow’s openings but that they were a necessary part of the ‘real market testing’ process.
Here’s hoping the final chapter of the Olympic Village saga is a happy one. Everyone involved deserves a break.