Budget: $1 billion CAD
Important: “Sidewalk Labs is an Alphabet company that imagines, designs, tests, and builds urban innovations to help cities meet their biggest challenges.”
Sitewalk Labs is contemplating building a 3 million square foot operations hub in Quayside.
About: Title of the article: “Toronto could become home to world’s first ‘smart city’
“Alphabet first applied to develop the 12-acres of land in downtown Toronto back in May. According to a new report from the Wall Street Journal (WSJ), Alphabet now intends Sidewalk Labs to make Toronto its main headquarters. It will use the plot to build a tech-centric neighbourhood called Quayside.
Sidewalk Labs is pushing towards making futuristic city concepts a reality. Its ideas employ automation, IoT sensors and constant connectivity to create a smarter urban environment that runs more efficiently. Quayside will act as a giant demonstration of the company’s aims, offering a glimpse into the city of tomorrow.
Approval for the project could be issued by Toronto authorities as early as this month. If it is given the go-ahead, Sidewalk Labs will start by building a 3 million-square-foot operations hub that could cost over $1 billion. The investment will transform Toronto’s waterfront into a pioneering “smart district” used to demonstrate urban technologies to global city planners.”