Living in Olympic security zone means big bucks, big headaches
Last Updated: Saturday, March 14, 2009 | 3:50 PM PT
CBC News
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The four Spectrum towers are located across from two Olympic venues in downtown Vancouver. (CBC) Residents of a building near two Olympic venues are being courted to rent out their suites during the Games — and if the 2010 road plan is any indication, it might not be such a bad idea.
Spectrum is a four-tower condominium development at 111 W. Georgia, home to more than 800 households.
It's also directly across the street from BC Place Stadium, which will host the opening and closing ceremonies, and General Motors Place, where many of the Olympic hockey games will be played.
Some of Spectrum's residents are excited about being in the centre of all the action.
"It's going to be awesome. It's going to be a lot of fun, a lot of people," said Robert Finlayson.
However, being in the centre of things also makes those condos valuable.
Residents have been getting letters from event planning companies like Prime Strategies, which is looking to rent 100 units during the Games.
Its clients are European broadcasters and technicians, and they want to put their employees in a home away from home during the Olympics.
Condo owners are being offered as much as $11,000 a month for a two-bedroom unit.
But money isn't the only reason owners may want to take advantage of the offer.
Spectrum is also right in the middle of an Olympic security zone.
Wayne Isley says access to his condo by car will be impossible. (CBC) The towers sit between the Georgia and Dunsmuir viaducts, above Expo Boulevard. All three will be closed 24 hours a day during the Games — and residents are worried about what that means for them.
"All I know is that both viaducts are closed. I drive, but I'm thinking public transportation is the only option for us on this side of the viaduct," Ashley Johnson said.
Fellow Spectrum resident Wayne Isley agreed.
"I've heard that driving will be basically non-existent, so I don't know how I would get my car in and out if I had to go to work. I wonder about people who have to go out and get groceries of any size, older people, things like that," Isley said.
"I don't think you'd be able to get in and out [by car] unless you had some kind of special pass."
Isley said although all of the details haven't yet been released, it doesn't appear to him that the plan is very well thought-out.
The city is still working on the details of the security plan, but officials have insisted residents will have full access to their homes.
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