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February 19, 2017

The Green View Index

The MIT Senseable City Lab recently developed something called the Green View Index. It is a measure of a city’s tree canopy. Below are the GVIs for Boston (18.2%), Geneva (21.4%), London (12.7%), and New York (13.5%). You may have to zoom in.

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And here is a screenshot of Toronto. We have a GVI of 19.5%.

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The index was developed by methodically scanning for trees in Google Street View panoramas. The reason street view was used – as opposed to aerial photography – was so that they could capture the human experience at street level.

All of MIT’s interactive city maps can be found here. It’s also interesting to pan around and see which neighborhoods are the greenest – particularly if you are familiar with the city.

One thing I noticed is that large green spaces such as Central Park, High Park, and Stanley Park don’t show up as very green. And that’s because the index uses car-based street view data. I feel like these green spaces should count for something though.

October 3, 2016

Vancouver-Seattle

The New York Times has an interesting article up talking about how Vancouver and Seattle are trying to more closely align themselves and create a unified tech corridor. 

BC premier Christy Clark and Washington governor Jay Inslee recently signed an agreement to that effect, which included more research collaboration between the University of British Columbia and the University of Washington.

Seattle wants this because its companies need talent (read: foreign workers) and Vancouver’s borders are more open. Vancouver wants this because its tech industry is relatively small (go Hootsuite!) and it could benefit greatly from being more proximal to Seattle.

On a side note, Seattle is an interesting case study. In terms of venture capital dollars invested, it is below top tier cities such as San Francisco, New York, Boston, and so on. But in terms of the companies it has birthed (Microsoft, Amazon, Zillow, Expedia…) it is certainly a heavy hitter.

One of the key factors will be physical connectivity. There’s talk of high speed rail and/or a dedicated lane for autonomous vehicles. However it’s done, I think bringing this trip to < 1 hour would be the ideal scenario. There’s a psychological barrier beyond that.

If any of you live/work in either of these cities today, I would be curious to hear your thoughts.

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August 23, 2016

The rise of tech outposts

What happens when wages and real estate prices become too high in a city? Companies start growing in lower cost locations. We’ve all seen this before. 

Fred Wilson recently blogged about this “spillover effect”, citing a New York Times article talking about the growth of tech offices in Phoenix. As someone who sits on the board of many technology companies, he was noticing a thematic trend:

“A big theme of board meetings I’ve been in over the past year is the crazy high cost of talent in the big tech centers (SF, NYC, LA, Boston, Seattle) and the need to grow headcount in lower cost locations.”

We talk a lot about housing prices on this blog, and so I think it’s useful to see how this, along with high wages, also impacts companies. The two are interrelated.

Below is a chart from the NY Times article showing the US cities with the highest number of technology jobs and the most growth from 2010 to 2015. 

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San Francisco is in a league of its own. But overall, the growth is in tech and many cities are adding lots of technology jobs. Look at Detroit and Boston right beside each other (Detroit obviously has a smaller starting base). And look at how Miami is nowhere to be found.

Of course, one interesting question is whether these new outposts – such as Phoenix – can truly come into their own and carve out a niche:

“We don’t want to be San Francisco’s back office — we need more creators here,” said Scott Salkin, a founder and the chief executive of Allbound, which is based in Phoenix, makes sales software and has offices down the hall from Gainsight’s.

Even with the high cost of living, it’s hard to supplant the coastal hegemony. That’s where people go to chase riches. As comedian Daniel Tosh likes to say, “the middle of the country is for people who gave up on their dreams.”

Though for some, living in a place like Denver or Salt Lake City and snowboarding every weekend is a better outcome than living in a studio apartment and commuting an hour to work.

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Brandon Donnelly

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Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

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