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Originally Posted by VancouverOfTheFuture
CoV lost tons on the first Olympic Village, so that has scared them away from doing phase 2. also, CoV does not like to sell property they own, they hoard it. look at all the properties they own around the city; from SFH to Co-Op to random empty land.
also, who says new City Hall will be by Broadway/Cambie? Maybe they want to move it somewhere else. a waterfront City Hall could be nice after all.
i think it was a missed opportunity for CoV to not pay for the rights to call it "Olympic Village" hence why it is only called "The Village." TransLink/Canada-Line paid for it though.
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I think the City is just scared of everything. There just isn't any bold leadership when it comes to anything that can propel this city forward.
The only reason why there is an OV in the first place is because of a nudge from the Feds and Provincial governments, as well as the Olympic council, etc. However, for the past 15 years, this city is just resting on its laurels, just like everywhere else in Vancouver. There is simply so much that can be achieved from the areas around the OV and we just let time and opportunities slip away. Well, like I said numerous times before, our loss is the suburb municipality gain.