
Happy Canada Day
Summer euphoria, Kawhi's return to Toronto, and the physical constraints of tech
Happy Canada Day! As a reminder, today marks the anniversary of Canadian Confederation, specifically the union of the Province of Canada, Nova Scotia, and New Brunswick on July 1, 1867.
Summer is reaching its zenith with a high of 32 degrees expected here in Toronto today. I know that everyone thinks their city is the best when it's hot and sunny outside, but I do think there's something magical about Toronto in the summer. One thing I always look forward to is the feeling of riding a bicycle around the city on a hot and humid night.
On top of this summer euphoria, it was just announced that Kawhi Leonard will be returning to the Toronto Raptors, presumably because he wants to win another championship and he misses Toronto. So, I'm fairly certain that real estate in the city just appreciated 5% over the last 24 hours.
If you're looking for something city-building-related to dig into, here's an interesting report from CBRE on global data centre trends. It specifically looks at the 4 largest markets in North America, Asia-Pacific, Europe, and Latin America. (It's a reminder that Canada needs to step up!)

Latin America led year-over-year global growth (as of Q1 2026) with a 41.3% jump in inventory (primarily Mexico). Meanwhile, the world's largest data centre market (Northern Virginia) saw its vacancy rate drop to an all-time low of 0.3%.
Overall, power availability and grid infrastructure continue to constrain new supply, and that is expected to persist beyond 2030. The tech industry is not used to being fettered by physical constraints, but we're seeing that today with the practical end of "zero marginal cost."
Enjoy the day, everyone.
Cover photo by Mayur Arvind on Unsplash
Inventory chart from CBRE

Now that a car seat lives permanently in the backseat of my car and I have learned how much it compresses the passenger seat in front of it, I have on more than one occasion thought to myself, "I guess this is why people feel the need to buy bigger cars." And the data shows this is true: cars generally keep getting bigger.
A brand-new report from Transport & Environment found that over the last 25 years in the EU, the UK, and Norway, the average newly-sold car has increased in length by 1.2 cm per year, in height by 0.5 cm per year, and in width by 0.5 cm per year.

But it's not necessarily because buyers are looking to fit more kids and car seats. Average household sizes have fallen in the US, so it's similar to housing: people are having fewer kids and, therefore, want to consume bigger homes (and cars). My cursory understanding is that there tends to be some gamesmanship with car sizes and emissions targets, but I do also think it's a case of consumers just wanting bigger and better.
For those of us who deal in the built environment, this is an important trend to consider because larger cars (1) tend to kill more pedestrians and (2) take up more space in our cities. The report estimates that, if current trends continue, European cities could lose between 8.5 and 14% of their on-street parking spaces by 2040.

Small marginal changes of only a few centimetres may not seem material on an individual basis, but when you layer on pedestrian deaths, urban parking constraints and traffic congestion, it only strengthens the case for the Tokyo model of urbanism.
Cover photo by Oleksandr Voloshchenko on Unsplash
Slides from Transport & Environment

It's that time of year again. Monocle just released its annual survey of the most liveable cities in the world.
If you're a regular follower of the magazine and/or its quality-of-life survey, you'll know that North American cities don't generally fare well in this ranking. This year, the only one to appear is Vancouver. You'll also know that there are some usual suspects that appear near the top (here comes the spoiler). This year's top city is Tokyo.
One of its standout features, yet again, is its liveability and orderliness despite being one of the largest urban regions in the world. But there's also talk about some of its grandiose city-building initiatives, one of which includes the new Takanawa Gateway City.
The 13-hectare (32-acre) development is a transformation of a former rail yard in south Tokyo into what is being called a futuristic "global gateway." The megaproject includes retail, office, hotel, residential, and cultural uses, plus a 1.1-kilometre elevated pedestrian promenade that stitches it all together.
There are also autonomous mobility devices called "iino" that actively roam the district and offer pedestrians free, futuristic rides. Here's a video and an image from JapanStation:

We talk a lot on this blog about Tokyo's granular, small-scale urbanism. But obviously the city also builds big, though it's not exactly what you'd find in other cities. For one thing, the development is vertical in a way that is difficult to achieve outside of cities like Tokyo.
Here's a comprehensive walking tour of the district. At 42:02, you'll see a rooftop public space that is extremely well used, especially given that the development only recently opened. I also find it remarkable that so many people in the video have taken their shoes off to use the free, public foot bath.
Could you imagine doing that in your city? It's perhaps a perfect example of how Tokyo miraculously pulls off being both big and liveable.
Cover photo by Tsuyoshi Kozu on Unsplash
