March 31, 2007

Interesting Facts About Yaletown

Filed under: Uncategorized — Justin Frost @ 1:42 pm

Vancouver, the city you wouldn’t want to miss in Canada, underwent most of its makeover after the development of the Canadian Pacific Railway. So was it with Yaletown in Vancouver, which started flourishing when, in the 19th century, the Canadian Pacific Railway moved its maintenance yards from Yale to Yaletown situated on the north of False Creek Vancouver. A warehouse district till about the 1980s after being established in 1886, Yaletown has now donned a new appearance with an eclectic line-up of restaurants, boutiques and cafes on one hand and stark looking apartments that captivate art lovers on the other.

The roundhouse built by the Canadian Pacific Railway is being used today as a community center and provides facilities to maintain and repair old steam locomotives. Vancouver’s warehouse district, Yaletown is now home to firms spanning across the realms of architecture, accounts, law and the like. And yes, apart from the serious, it houses a lighter side as well in trendy hair salons, galleries for the artsy types, Vancouver restaurants for the much needed quick grub as well stores that would cater to your home furnishing needs.

Yaletown is a quaint town and its scenic beauty and pleasant view coax people into venturing out for strolls on a nice, sunny day.

While taking a stroll, an interesting area you must not miss is the vibrant and distinct Yaletown market; The Opus, the most spectacular and flamboyant hotel in town, is also worth a visit. The

Coastal People’s Art Gallery is another must-see attraction

Being one of the fastest growing cities in Canada, Yaletown shows great potential for real estate in Vancouver. It is in fact a town that can be easily called a work in progress— a lot of construction work is being carried out, most of which is going to be in the line of residential buildings.

Vancouver at large is attracting people from all over the world for its perfect combination of weather, scenic beauty and economic boom, and is already home to many immigrants.

The high spots in Vancouver are innumerable. False Creek in Vancouver is a very popular haunt among locals and tourists alike. The False Creek Yacht Club is the upmarket Yacht Club in False Creek Vancouver and is the venue for meetings, cruising, racing and other social activities. False Creek surrounded by Sea Wall has an area dedicated to jogging, cycling and so on. Coal Harbor Vancouver connects downtown to Stanley Park. One of the oldest residential areas, it is Vancouver’s waterfront condominium neighborhood. Rubbing shoulders with Stanley Park, Robson Street and Vancouver’s financial hub, it has gained invariable importance.

Vancouver’s social highlights add to its endearing popularity. Naturally then, Vancouver real estate market is the buzz word in the city. With an idea to cut down on commuting time, the ‘live-work’ phenomenon is doing the rounds in the real estate community. Shangri-La, for instance, is a rising sixty-storey (640 ft) high project development work between downtown and West End, which is more of a residential area in the city. A supermarket, dining joint, fitness centre and public art space are all part of this humongous space, all of which have triggered unimaginable action in the luxury estate market. Tall, glass-clad buildings providing great views are part of the downtown area of Vancouver.

The warehouse area of Yaletown will soon see Vancouver real estate magic in the form of condo towers. Real estate buying is huge and the market is going to witness even better days in the near future. Reports reveal that there has been a surge in Vancouver real estate sales in the last three years. British Columbia has shown a remarkable growth in economy and has pulled more tourists than ever before, which in turn has resulted in people taking more interest in the city of Vancouver and, thereby, in real estate buying.


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