Headquarters Will Create 50,000+ New Jobs
The project is expected to be a mixed-use community with a digital technology design concept spearheaded by Sidewalk Labs and Waterfront Toronto under the moniker “Sidewalk Toronto“.
As part of Toronto’s high–tech waterfront community, Googles Plan build a ‘smart’ neighbourhood would boost the city’s push to become the center of innovation.
It would include at least 3.3 million square feet of residential, office and commercial space, including a new headquarters for Google Canada, in a district that would be a test bed for the combination of technology and urbanism.
The new district, to be known as “Quayside”, will be funded by three levels of government, and will host residential and commercial developments in addition to public spaces including smalls parks and a beach area.
Sidewalk Toronto will commit US$50 million for initial planning and pilot project testing, while Canada, Ontario and the city have already allocated CAD$1.25 billion in flood protection and necessary infrastructure for that section of the waterfront.
TORONTO — One of Google’s sister companies will help build a high-tech neighbourhood on Toronto’s waterfront.
Sidewalk Labs, owned by Google’s parent company Alphabet, won a competition to partner with Waterfront Toronto to develop the project — named Sidewalk Toronto — as part of the Quayside neighbourhood.
Tuesday’s announcement, headlined by Prime Minister Justin Trudeau, will see Google Canada move its headquarters to anchor the development in the city’s port lands area.