Quote:
Originally Posted by getbak
In the version of the report to council that was made public, the information about the location of the athlete's village was redacted. However, reading between the lines about some of the stuff written about the proposed athlete's village location, I believe the suggestion is to build it somewhere in Victoria Park. My guess is where the bus barn currently is.
There was also some speculation that the land west of Macleod Trail, between Lindsay Park and 25th Ave could be used to build athlete or media accommodations. I'm not sure what the plan is for that land now.
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Whether it's a high rise of condos, or it's the places that the pre-sale buyers vacate to move in to their new (slightly used) condos all hitting the market at the same time, or a mix, it will not be good for real estate values in the short - medium term.
Sort of seems like the 'buy a new car' dilemma. Your older vehicle needs repairs that cost more than you want to spend, so you start to think about buying a brand new car, with payments you can afford. But will you have any buyers remorse when the $350/mo. keeps coming out every single month, instead of that one time, two grand, that could have kept the old beast going awhile longer?
I don't want to blur the lines with the arena talk, but I do think that there's more to an Olympic bid than a new arena getting partially funded by higher levels of government.
Not sayin you're sayin, just sayin.