Yaletown & False Creek North - Vancouver Neighbourhood Realtors ChoiceAs with much of Vancouver, the Canadian Pacific Railway had a huge influence on the shaping of Yaletown. By the 1880s, the line had reached Yale, a small gold-rush town 150 or so miles to the east which served as the location of the company repair shops, and housed a sizeable rail worker population. As the line was extended to Vancouver, these Yale residents followed it to the city, and settled in modest housing close to the yards which was soon dubbed Yaletown.
![]() Formerly a heavy industrial area dominated by warehouses and rail yards, since the 1986 World's Fair, it has been transformed into one of the most densely populated neighbourhoods in the city. After the real-estate boom and bust cycles of the 20th century, the area became shoddy and contaminated, and was bought up by the city. The marinas, parks, high rise apartment blocks, and converted heritage buildings constitute one of the most successful and significant urban regeneration projects in North America.
After the 1986 World's Fair (Expo 86), held on neighbouring former-industrial land, the whole area became ripe for development. The site was sold to a Hong Kong-based developer Li Ka-Shing, setting in motion the dramatic redevelopment process which continues to this day.
From the start, the city planners imposed strict guidelines on the development, in particular requiring a substantial amount of development of the public realm, and sensitive preservation of existing heritage stock. Thus there are generous areas set aside for parks, waterfront access, community centres, and schools. Along the shore of False Creek, the Stanley Park Seawall linear park has been continued through the area forming its southern boundary.
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