False Creek is actually a short inlet separating downtown Vancouver from the rest of the city. It was named by George Henry Richards during his Hydrographic survey of 1856-1863, when he thought he was traversing a creek.
Human settlement began in this area 8-10,000 years ago.
I am sure the original settlers would scarce recognize the area they used to call home. The banks of the inlet are lined with marinas and glass towers maximizing the view for their residents.
The area is indeed very scenic as it stretches from the Burrard Inlet to Science World. We tend to walk some parts of the seawall in this area, at least once during visits and there is always something new to see.