Olympic Village (Montreal)
The Olympic Village is a twin-tower structure in Montreal, Quebec, Canada built as the athletes' residence for the 1976 Summer Olympics. It was built by René Lépine, Chairman of Groupe Lépine, and his associates through the company Zarolega Inc. The Olympic Village is situated on the northeast corner of Sherbrooke Street East and Viau Street in Rosemont–La Petite-Patrie.
All the athletes were housed there, except those participating in equestrian sports and sailing, who were housed in residences set up in Bromont, Quebec and Kingston, Ontario.
In 1998, Metcap Living Inc. bought the buildings from the Régie des Installations Olympiques for $64.5 million.
In 2004, El-Ad Group bought the buildings from Metcap Living Inc.
In 2012, El-Ad Group expressed their interest to sell the buildings.
On August 6, 2012, it was reported that El-Ad had sold the buildings to CAPREIT for $177.5 million.
Read more about Olympic Village (Montreal): See Also
Famous quotes containing the words olympic and/or village:
“Like Olympic medals and tennis trophies, all they signified was that the owner had done something of no benefit to anyone more capably than everyone else.”
—Joseph Heller (b. 1923)
“The next forenoon we went to Oldtown.... The Indian is said to cultivate the vices rather than the virtues of the white man. Yet this village was cleaner than I expected, far cleaner than such Irish villages as I have seen.”
—Henry David Thoreau (1817–1862)