Toronto waterfront board moving forward with plan for new high-tech neighbourhood

Toronto waterfront board moving forward with plan for new high-tech neighbourhood

TORONTO — A board that advocates for the revitalization of Toronto’s waterfront is moving forward in creating a plan to build a high-tech neighbourhood.

Waterfront Toronto says it approved an agreement to create the plan with Sidewalk Labs, which is owned by Google’s parent company Alphabet.

The high-tech district will be in the Quayside development, along Toronto’s eastern waterfront.

According to a press release, Sidewalk Labs committed US$50 million to the planning phase.

A proposal for the project says the community would centre on sustainability and affordability.

In October 2017, Waterfront Toronto announced it had chosen Sidewalk Labs to present a plan to design a brand new area of the city.

The Canadian Press

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