29 Nov Alphabet aims to win over Toronto with affordable housing.
Original article via Globe and Mail. Click here to read.
Alphabet Inc.’s digital city on Toronto’s waterfront will be made out of wood, heated by geothermal wells and offer a swathe of affordable housing as it seeks to win over a skeptical public concerned about privacy issues at the development.
Sidewalk Labs LLC, the urban innovation unit of Google parent Alphabet says about 40 per cent of the 2,500 residential units on the 4.9-hectare (12-acre) development dubbed “Quayside,” will be below-market housing, including 20 per cent affordable. Just over half will be purpose-built rental.