During the 2010 Olympic Winter Games, the athletes village will be down at southeast False Creek.
If you haven’t been by there in a while, its worth a stroll along the water (start at Science World) where you’ll see the development from that aspect.
Yesterday I toured the area and got a bird’s eye view from the top of one of the buildings. (click this image for a larger version, or see this and another on Flickr)
This panorama is a series of six images shot handheld with a Nikon D70 and stitched using PTGui Pro.
More information on this whole area on the City of Vancouver’s website, Southeast False Creek.