Yaletown is known for its old warehouse buildings now home to hip restaurants and cocktail lounges, many with buzzing outdoor terraces, as well as indie fashion and decor boutiques. On the waterfront, David Lam Park has an expansive lawn and a playground, while the Seawall is popular for cycling and walking. Professional sports and rock concerts take place at nearby BC Place stadium and the Rogers Arena.
As 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 then-large town and the former centre of the Fraser Canyon Gold Rush 240 km (150 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 in an area soon dubbed Yaletown.(source: wikipedia)