Right out of the gate, the idea behind Olympic Village was to develop a legacy project so that it had value to the city and residents long after the Olympics were gone. The 2008 recession hit right in the middle of developing the project. While more than 20 large scale projects in Vancouver stopped, the 1 million sq. ft. Olympic Village project continued on.
Olympic Village includes 1,100 residences most sold at full market value with a percentage held for affordable housing. Development is not yet finished, by 2020 Olympic Village is planned to house 16,000 residents.
Environmentally sensitive design permeates the Village. For instance, the LEED Platinum Creekside Community Centre harvests rainwater for flushing toilets and irrigation and uses solar power for radiant cooling. The building uses 50% less energy than a standard building.
Stormwater is managed using a variety of green infrastructure that includes green roofs, bioswales and hard features such as permeable pavers, all that complements minimal piping. Green roofs are targeted for at least 50% of the building footprint.