Alphabet’s Sidewalk Labs scraps its ambitious Toronto project
Enlarge / Sidewalk Labs concept for the scuppered lakefront development in Toronto. (credit: Sidewalk Labs)
When Google sibling Sidewalk Labs announced in 2017 a $50 million investment into a project to redevelop a portion of Toronto's waterfront, it seemed almost too good to be true. Someday soon, Sidewalk Labs promised, Torontonians would live and work in a 12-acre former industrial site in skyscrapers made from timber-a cheaper and more sustainable building material. Streets paved with a new sort of light-up paver would let the development change its design in seconds, able to play host to families on foot and toself-driving cars. Trash would travel through underground chutes. Sidewalks would heat themselves. Forty percent of the thousands of planned apartments would be set aside for low- and middle-income families. And the Google sister company founded to digitize and techify urban planning would collect data on all of it, in a quest to perfect city living.
Thursday, the dream died. In a Medium post, Sidewalk Labs CEO Dan Doctoroff said the company would no longer pursue the development. Doctoroff, a former New York City deputy mayor, pointed a finger at the Covid-19 pandemic. As unprecedented economic uncertainty has set in around the world and in the Toronto real estate market, it has become too difficult to make the ... project financially viable without sacrificing core parts of the plan," he wrote.
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