Waterfront Toronto, a local group that administers revitalization projects, is working with Sidewalk Labs to design the new neighborhood, called Quayside. The 12-acre development - expected to cost at least $1 billion, according to The Wall Street Journal - will feature heated roadways and other innovations. AdvertisementIf the neighborhood is built as planned, it could be the largest tall timber development in the world, according to Bloomberg.
The new development has generated some criticism. Business Insider previously reported that residents felt Quayside could become a "new Silicon Valley," leading to gentrification, income inequality, and higher housing prices.
After remaining quiet for several months about its exact plans for the Toronto waterfront, Sidewalk Labs shared a series of ideas for the development in a Tuesday announcement. Take a look.
Toronto, like many other cities, is struggling to maintain its socioeconomic diversity due to a rise in housing costs and congestion. Climate change is also contributing to the city's challenges.
Sidewalk Labs has committed about $50 million to the project's first phase, though the company is still waiting on a final approval.
A sustainable building model is the first step toward creating an affordable neighborhood, according to Sidewalk Labs. The Alphabet subsidiary plans on using Canadian timber to achieve this.
In addition to affordability, Sidewalk Labs is focusing on making Quayside buildings adaptable and sustainable.
The Quayside proposal envisions a "bold" system of public spaces and connected waterfront parks.
Sidewalk Labs is looking for innovative ways to improve transportation — both for pedestrians and vehicles.
The proposal also includes tall colonnades along the retail and public use areas to provide seasonal weather protection.
Dan Doctoroff, Sidewalk Labs' CEO, believes the Quayside project can improve residents' quality of life by creating more jobs and lowering carbon emissions.
Doctoroff has previously spoken about improving urban environments through self-driving cars, high-speed internet, and sensors that monitor noise and energy usage.