City of Vancouver releases costing of plan for industrial lands adjacent to downtown.
"The City of Vancouver has put a price tag of $1.2 billion on the cost to transform southeast False Creek from an industrial area into an urban waterfront community over the next 20 years.
The city's financial planning office has published a report detailing the cost to redevelop 32 hectares of land in the southeast area of False Creek, including the construction of the Athletes Village for the 2010 Winter Olympics."
Thanks to Craig Townsend
FULL STORY: From industrial to residential for $1.2B

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