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Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

bloomberg.com

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Re: Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

#2
I'm really excited for all the great stuff finally getting done on the waterfront in Toronto. Even before I left a few years ago you could comfortably walk from around the airport up to Sherbourne almost entirely along the water edge. This will push that to Parliament and link up the Distillery district. I don't imagine the storage lot next to Cherry st will last long after that.

A far cry from my younger years where it was basically mud parking lots and heavy equipment east of redpath.

Re: Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

#4

"Sidewalk Labs has discussed creating an entire micro-city or district that could showcase the company’s ideas for urban planning...." all great, until Google decides to stop funding /working on the project.

Wouldn't almost all the cost be front loaded making their ongoing involvement nice but not required?

Re: Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

#5
post #4

"Sidewalk Labs has discussed creating an entire micro-city or district that could showcase the company’s ideas for urban planning...." all great, until Google decides to stop funding /working on the project.

Wouldn't almost all the cost be front loaded making their ongoing involvement nice but not required?

They can't just flip a switch and make it happen. If I were Toronto I'd make them put a decent amount of money in an escrow account so the project is finished no matter what.

But then this is Google's tech, so if they leave not sure how it works.

Re: Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

#8
post #4

Earlier quoted context omitted.

Wouldn't almost all the cost be front loaded making their ongoing involvement nice but not required?

They can't just flip a switch and make it happen. If I were Toronto I'd make them put a decent amount of money in an escrow account so the project is finished no matter what. But then this is Google's tech, so if they leave not sure how it works.

So your concern isn't the ongoing operation but that they start working with waterfront TO on these 12 blocks and leave before their ideas are implemented?

Why would the city require more of them than any other developer? Any development has a chance of falling before completion.

Re: Alphabet’s Sidewalk Labs Eyes Toronto for Its Digital City

#9
post #7

Again, watch house and rental prices soar through the roof... Can't a poor student in Toronto get a break?

When that student wants property in the most prime space in the region probably not. Toronto already allows tons of new units(like this project) what more are you expecting from the city?
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