How to end the Olympics right

... with a plan for how mountain-side real estate will appreciate over time

Feb.February 25, 2018 06:06 PM

(Credit: Pixabay)

As the 2018 Winter Olympics come to an end, The Financial Times is applauding a host city that turned gold medals into the real thing.

In Whistler, a ski town outside of Vancouver where the numerous events for the 2010 Winter Olympics were held, real estate has continued to skyrocket as snow conditions and more commercial development has kept the ski industry — spread over two mountains, Whistler and Blackcomb — thriving.

Proof? An 8,000-square-foot chalet with nine bedrooms is going for a cool $15 million while a serviced apartment in the Four Seasons Whistler Resort is selling for $392,000. [FT]Erin Hudson

Related Articles

Breather CEO Bryan Murphy (Credit: LinkedIn and iStock)

Breather bloodbath: Flex-office startup fires 17% of staff

Alex Sapir and the NoMo Soho hotel at 9 Crosby Street (Credit: NoMo SoHo)

Sapir Corp.’s stock drops in Tel Aviv

Stephen Levin, REBNY's Jim Whelan and Brad Lander (Credit: Getty Images)

The bill that won’t die: Will commercial rent control finally pass?

181 Varick Street (Credit: Google Maps)

Claremont Companies buys Soho Marriott for $59M

Softbank CEO Masayoshi Son (Credit: Getty Images)

SoftBank’s $3B payout to WeWork’s investors is delayed

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

Rendering of the Staybridge Suites at 38-59 11th Street

Long Island City hotel project moves forward with construction loan

Heritage Equity Partners’ Toby Moskovits, Benefit Street Partners real estate managing director Micah Goodman, and the Williamsburg Hotel at 96 Wythe Avenue (Credit: Google Maps)

Toby Moskovits’ Williamsburg Hotel is headed for receivership following $68M loan default