On Thursday night I spoke at Product Hunt Toronto about the overlap between real estate and tech. My slide deck will be made available online and I’ll be sure to tweet it out and link to it in the comment section of this post.
What was amazing to see was a room filled with 250 people coming together from almost two different worlds. I’m generalizing here, but you had the real estate people in suits and the tech people in t-shirts. But they were all mixing together to figure out how technology is going to disrupt the real estate industry. That is great to see.
This was not the case 5+ years ago when I started obsessing about the overlap between these two spaces. I remember pitching at a Startup Weekend here in Toronto where I was pegged as the fringe outlier for wanting to work on a real estate idea. Now I can’t keep track of all the startups who are tackling this space.
But this is a trend that is happening not only in real estate but in almost every other vertical. Here’s a quote from
On Thursday night I spoke at Product Hunt Toronto about the overlap between real estate and tech. My slide deck will be made available online and I’ll be sure to tweet it out and link to it in the comment section of this post.
What was amazing to see was a room filled with 250 people coming together from almost two different worlds. I’m generalizing here, but you had the real estate people in suits and the tech people in t-shirts. But they were all mixing together to figure out how technology is going to disrupt the real estate industry. That is great to see.
This was not the case 5+ years ago when I started obsessing about the overlap between these two spaces. I remember pitching at a Startup Weekend here in Toronto where I was pegged as the fringe outlier for wanting to work on a real estate idea. Now I can’t keep track of all the startups who are tackling this space.
But this is a trend that is happening not only in real estate but in almost every other vertical. Here’s a quote from
Fred Wilson
that I used last night:
“One of NYC’s great strengths is the diversity of its economy – finance, real estate, media & entertainment, retail, fashion, health care, education, and now tech. And the reason tech is growing so fast in NYC is that it is embedding itself in all of these other industries.”
It’s an exciting time.
In any event, for those of you weren’t able to attend, the 3 startups that presented were Evercondo, PiinPoint, and MappedIn.
Evercondo is a condo communication and management tool for property managers and boards. PiinPoint is a data-driven tool that helps businesses find the best places to locate within a city. And MappedIn creates digital wayfinding solutions for (primarily) retail stores and venues.
If you know of any other interesting startups tackling the real estate space, please share them in the comment section below. Early stage companies need all the support and exposure they can get.
The Neptis Foundation here in Toronto just recently published a fantastic report looking at the regional economic structure of the Greater Golden Horseshoe area. It’s called Planning for Prosperity.
In it they identity the polycentric nature of employment in the Toronto region by way of downtown Toronto and three suburban “megazones.” Here’s one of their maps showing overall employment density and the megazones (light blue circles):
Lately I’ve been reading about and interested in the idea that the more grateful you are, the happier you can actually become. It’s similar to the idea that positivity can lead to better outcomes in your life. Believe something and you make it true.
It turns out that some people could have genetic tendencies towards more positivity and gratefulness. But there’s no reason why you couldn’t train yourself to be more like that.
I’ve thought about adding to my daily discipline and introducing a bit of gratefulness here on Architect This City. But it’s hard to do that without regularly sounding braggadocious.
In any event, I’ve also thought about how this same idea could apply to cities. I mean, when was the last time you were grateful and appreciative of the city you call home? Sometimes, or maybe most of the time, it’s easier to just complain about what we don’t like.
But if being grateful about your own life can make you happier, I think being grateful about your own city could do the same. I did a bit of that in this post a few months ago. But I try and do it far more often than that. I’m a big fan of my city.
Fred Wilson
that I used last night:
“One of NYC’s great strengths is the diversity of its economy – finance, real estate, media & entertainment, retail, fashion, health care, education, and now tech. And the reason tech is growing so fast in NYC is that it is embedding itself in all of these other industries.”
It’s an exciting time.
In any event, for those of you weren’t able to attend, the 3 startups that presented were Evercondo, PiinPoint, and MappedIn.
Evercondo is a condo communication and management tool for property managers and boards. PiinPoint is a data-driven tool that helps businesses find the best places to locate within a city. And MappedIn creates digital wayfinding solutions for (primarily) retail stores and venues.
If you know of any other interesting startups tackling the real estate space, please share them in the comment section below. Early stage companies need all the support and exposure they can get.
The Neptis Foundation here in Toronto just recently published a fantastic report looking at the regional economic structure of the Greater Golden Horseshoe area. It’s called Planning for Prosperity.
In it they identity the polycentric nature of employment in the Toronto region by way of downtown Toronto and three suburban “megazones.” Here’s one of their maps showing overall employment density and the megazones (light blue circles):
Lately I’ve been reading about and interested in the idea that the more grateful you are, the happier you can actually become. It’s similar to the idea that positivity can lead to better outcomes in your life. Believe something and you make it true.
It turns out that some people could have genetic tendencies towards more positivity and gratefulness. But there’s no reason why you couldn’t train yourself to be more like that.
I’ve thought about adding to my daily discipline and introducing a bit of gratefulness here on Architect This City. But it’s hard to do that without regularly sounding braggadocious.
In any event, I’ve also thought about how this same idea could apply to cities. I mean, when was the last time you were grateful and appreciative of the city you call home? Sometimes, or maybe most of the time, it’s easier to just complain about what we don’t like.
But if being grateful about your own life can make you happier, I think being grateful about your own city could do the same. I did a bit of that in this post a few months ago. But I try and do it far more often than that. I’m a big fan of my city.
Here’s a snippet to give you an idea of the scale of these megazones:
“The Airport megazone, one of the three employment megazones outside Downtown Toronto, is the second largest concentration of employment in Canada, after Downtown Toronto. It represents almost 300,000 jobs, more than the central business districts of Montreal, Vancouver, or Calgary individually.”
And here’s a chart showing the hard numbers:
Downtown Toronto dominates in terms of employment. But it’s also fascinating to see how much more efficiently it provides that employment. It has the smallest physical area of all the employment zones (2,540 hectares or 6,276 acres) and the lowest percentage of car trips (29%).
But the big takeaway from their report is that we have not been focused enough on employment in our planning. Instead, we seem to be thinking residentially. Here’s a final snippet:
“This study shows that the Growth Plan and The Big Move, which are currently under review, do not address the challenges and opportunities of a globalizing regional economy or the reality of a transforming economic landscape.
The Growth Plan’s focus has largely been on managing residential growth rather than non-residential and employment-related development. Indeed, the Growth Plan is based on shockingly little hard evidence on the evolving economy of the region. Plans for city-regions a fraction of the size of the GGH typically involve more economic research, analysis, and evidence.”
Clearly we need to be looking at both the residential and non-residential sides of the equation as we grow the region. To read the full report, click here.
Here’s a snippet to give you an idea of the scale of these megazones:
“The Airport megazone, one of the three employment megazones outside Downtown Toronto, is the second largest concentration of employment in Canada, after Downtown Toronto. It represents almost 300,000 jobs, more than the central business districts of Montreal, Vancouver, or Calgary individually.”
And here’s a chart showing the hard numbers:
Downtown Toronto dominates in terms of employment. But it’s also fascinating to see how much more efficiently it provides that employment. It has the smallest physical area of all the employment zones (2,540 hectares or 6,276 acres) and the lowest percentage of car trips (29%).
But the big takeaway from their report is that we have not been focused enough on employment in our planning. Instead, we seem to be thinking residentially. Here’s a final snippet:
“This study shows that the Growth Plan and The Big Move, which are currently under review, do not address the challenges and opportunities of a globalizing regional economy or the reality of a transforming economic landscape.
The Growth Plan’s focus has largely been on managing residential growth rather than non-residential and employment-related development. Indeed, the Growth Plan is based on shockingly little hard evidence on the evolving economy of the region. Plans for city-regions a fraction of the size of the GGH typically involve more economic research, analysis, and evidence.”
Clearly we need to be looking at both the residential and non-residential sides of the equation as we grow the region. To read the full report, click here.
