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jerryking : port_lands   7

Toronto’s tech boom is transforming the city
July 26, 2019 | The Globe and Mail | MARCUS GEE.

the tech industry that is transforming Toronto. The city is in the midst of a spectacular tech boom. Big firms such as Microsoft, Twitter, Uber, Google and Netflix are setting up shop or expanding here. Thousands of workers are coming to live and work in the city. Thousands of startup companies are revving their engines.

The pell-mell growth of the city comes in part from the rise of tech. Patrick Fejér of B+H Architects says 10 million square feet of new office space is due to open by 2024, more than was built from 1992 to the present. Toronto, he says, has more than 120 construction cranes in the air, compared with 65 in Seattle and 35 in New York.

CBRE, a real estate consultancy, says that Toronto is the fastest-growing market for tech talent in North America, “adding an eye-popping 80,100 tech jobs in the past five years, a 54-per-cent increase.” It now ranks third, just behind San Francisco’s Bay Area and Seattle.
Big_Tech  creative_class  downtown_core  housing  King-Spadina  Kitchener-Waterloo  livability  Marcus_Gee  millennials  neighbourhoods  Port_Lands  property_development  Sidewalk_Labs  talent  Toronto  transformational  transit  walkability  technology 
july 2019 by jerryking
Port Lands: $1.2b of Trilateral Funding Unlocks Revitalization | Urban Toronto
June 28, 2017 3:50 pm | by Stefan Novakovic.

Three levels of government are committing $1.185 billion of new funding to remake what Waterfront Toronto describes as "one of North America's largest underused urban areas." The investment will fund the much-needed Port Lands Flood Protection Project (PLFPP), unlocking the ambitious reinvention of the 365 hectare (880 acre) Port Lands.

While the mostly vacant and partly de-industrialized Port Lands have long been fodder for blue-sky thinking—once touted as the site of a potential Olympic bid, and more recently Expo 2025—some 290 hectares (715 acres) of the area are currently at risk of flooding. Any visions of the future are contingent on the funding that was finally secured today. Joined by Mayor John Tory and Premier Kathleen Wynne, Prime Minister Justin Trudeau lead the way in announcing a Federal contribution of up to $384 million......Two new naturalized outlets for the Don River will be created, with the waterway—surrounded by the river beds' flood-protecting greenery—carving out the new Villiers Island, which is envisioned as a dense urban entry point to the Port Lands.

Alongside the naturalized river beds, 13 acres of wetlands will be introduced throughout the Port Lands, creating a resilient and sustainable urban environment. In total, 29 hectares of naturalized greens are are planned—including coastal wetlands—as well as 16 acres of parkland, and 14 acres of in-water aquatic habitat. The new waterways will also add 1,000 metres of naturalized river.
Waterfront_Toronto  revitalization  waterfronts  John_Tory  Justin_Trudeau  Kathleen_Wynne  Toronto  floods  Don_River  Port_Lands  wetlands  flood_protection  property_development 
june 2017 by jerryking
A superpark hides in Toronto’s Don Valley, waiting to be discovered - The Globe and Mail
ALEX BOZIKOVIC
The Globe and Mail
Published Friday, Apr. 15, 2016

historian Jennifer L. Bonnell wrote in her 2014 book Reclaiming the Don.

A few small moves would get it in motion. Proponents envision new bike lanes on Bayview Avenue that would make it less terrifying to go there on two wheels. An old rail trestle would become a pedestrian bridge. New bridges, stairs and paths would welcome people from Cabbagetown and from Regent Park, from Corktown and the emerging neighbourhoods in and around the Port Lands.

But in the longer term, the plan would mean combining two rail corridors, both controlled by Metrolinx, reconfiguring the DVP ramp to Bloor-Bayview and removing a city works yard that now sits in the middle of the valley. But governments are budgeting at least $1-billion for roads, water, parks and rail improvements in this zone, including the electrification of GO’s train lines and the Gardiner Expressway rebuild. The river is unruly, prone to powerful floods; a thoughtful, coherent landscape would mitigate the risks for infrastructure and serve the environment of the valley.
books  Brickworks  Cabbagetown  Corktown  design  Don_River  DVP  Evergreen  floodplains  floods  Gardiner_Expressway  GO  green_spaces  history  landscapes  Metrolinx  neighbourhoods  parks  Port_Lands  railways  ravines  regeneration  Regent_Park  small_moves  sustainability  Toronto  undervalued 
april 2016 by jerryking
Livable, booming core stirs envy, but raises infrastructure worries - The Globe and Mail
MARCUS GEE
The Globe and Mail
Published Wednesday, May. 14 2014

Young people are flocking to inhabit the lively, walkable neighbourhoods springing up downtown. In some, such as King-Spadina and Waterfront West, seven out of 10 residents are ‘echo boomers,’ 20 to 39 years old.

The number of people working downtown has been soaring, too. Downtown gained more than 43,000 office jobs in the five years to 2011. A host of big companies, from Google to Telus to Coca-Cola, have moved into new downtown offices. Although downtown contains just 3 per cent of the city’s land area, it accounts for half of its GDP, a third of its jobs and a quarter of its tax base. More than a quarter of a million people commute into downtown each morning by public transit.
Marcus_Gee  Toronto  urban  urbanization  urban_intensification  urban_planning  downtown_core  Big_Tech  millennials  neighbourhoods  King-Spadina  Port_Lands  livability  walkability 
june 2014 by jerryking

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