Olympic Village sheds ghost town vibe (with video) September 2, 2012
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Vancouver Sun Article
"... In February 2011, the Village was relaunched and rebranded by Rennie Marketing with new show homes, a name change and price reductions that averaged 30 per less than those that were in place in 2010.
Condo marketer Bob Rennie said more homeowners have been buying the units in the last few months, rather than those seeking investment opportunities.
He said as a result there are a lot more young families with children moving in, breathing new life into the place.
"We have a lot of first-time buyers and empty nesters," he said. "It's people who don't want to live downtown and like that it's not a car dependent community ... It takes 18 minutes to walk to Granville Island.
Of the 737 units in the Village, only 186 are left, said Rennie. He noted that as of Saturday, they had sold 26 units, ranging from $395,000 to $3 million, since July.
He speculated that the rest of the units will be sold by the end of next year. ..."