In 2017, Sidewalk Labs proposed an 800-acre development along Toronto’s waterfront. It was scaled back and later that year Toronto officials approved Sidewalk Labs’ bid, despite concerns from some locals over plans to incorporate a comprehensive surveillance and tracking system into the development.
The project, known as the Quayside, still needed some approvals and two years later Sidewalk Labs released the first detailed plans of the project. The plan also called for the creation of a 190-acre “River District,” which reportedly surprised Toronto officials.
Doctoroff — the former deputy mayor of New York who spearheaded the development of Hudson Yards — last year said that Sidewalk Labs may employ a similar financing model to that of the New York City megaproject.
Sidewalk Labs planned to use emerging construction methods to build much of the development. In his blog post, Doctoroff wrote that Sidewalk Labs would continue such research and software development. But with a global economic slowdown, it’s unclear if the company will survive. [The Information] — Dennis Lynch