The Olympic Village in Vancouver has the distinction of being one of the few neighbourhoods in the world to get LEED Platinum certification. The downside of this is that it cost a lot more to build because of that.
It was only the second neighbourhood in the world to get platinum and the largest to date. This is all rather precedent setting and underlines the green nature of the 2010 games.
Unfortunately the problems with the financing of the Village means that this has been the focus of the stories about the location. The story should be about the fact this is a new neighbourhood for 15,000 to 16,000 people after the games once fully built out.
The City may take a financial loss on the site at the moment, but the property taxes in the future and the notoriety as a green city are more than worth the money.