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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