Just over a year ago, Toronto's former chief planner, Gregg Lintern, announced that he would be retiring at the end of 2023. Here's the post I wrote thanking him for everything he had done for our city. He was a positive force in so many ways and I remember feeling sad at the time.
Following the announcement, nobody knew who would replace him. But I remember thinking to myself, "you know who would be fantastic for this position, Jason Thorne." Jason and I met when Slate first started investing in Hamilton (he was the general manager of planning and economic development). I then became an avid follower of him on Twitter, which is the case for many people in our industry.
In 2018, we even got a few planners together for a bike ride around downtown Toronto to look at some new city building initiatives. In a nod to Jerry Seinfeld, we called it "planners on bikes getting coffee." We really should reignite this meetup.
Fast forward six years and this week it was announced that on December 30, 2024, Jason will assume the role of Toronto's chief planner. This is great news for our city. He is a true city builder and he understands the task at hand. Toronto is one of the fastest growing global cities in the world and yet we are battling with the transition from a car-oriented suburban region to a multi-modal urban center.
This is why traffic is so crippling and housing is so expensive. We haven't fully embraced this future urban state. But real progress is being made, and I think you'd be hard pressed to find anyone who cares more about cities and who spends as much as time as he does thinking through the ingredients that make them great places to live, work, play, and invest.
Congratulations on the new role, Jason!
If you'd like to follow Jason, check him out on Bluesky. I think this is where he is now most active.
Cover photo by Scott Webb on Unsplash
Traveling is one of life's greatest experiences. Pack a carry-on (so you bring only what you really need). Strip yourself of your regular surroundings. And explore the world with new eyes -- maybe with a camera in your hand.
Camera: Fujifilm X-T3 (23mm lens)
First, the why. The why is to build better cities. And it's as simple as that. I love cities. The team loves cities. And we all feel a great sense of responsibility when it comes to doing our part to make them more prosperous, more beautiful, and overall better places to live and work.
It is for this reason that Globizen refers to itself as a city builder. We obviously didn't invent this moniker, but we do take it seriously. And our specific intent is to be both a city-building company and a city-building community.
What this means is that we do the things that most companies do, including trying to make money. But in parallel to this, we also aspire to create a community of like-minded city builders.
City building isn't just about real estate development. It's also about the artist that just painted a mural, the local restauranteur that just opened up a new concept, and the individual that just did something, whatever that may be, to improve their community.
We would like to do our part to celebrate these actions and support more of them. This is how we want to build.
As for what we actually do, we are developers of creative mixed-use infill projects. Currently, we are developing and managing projects on our own account (we invested our own equity) and on behalf of great partners. But in all cases, we have a consistent investment philosophy and approach to development:
Focus on fundamentals
Search for overlooked assets and opportunities
Embrace non-consensus views
Create value by innovating with design, culture, and technology
Execute with discipline and passion
Think long term
We are actively looking for new development opportunities. We are also exploring/underwriting a number of income-producing asset strategies. If you'd like to pitch us a site or project, or you just want to grab a coffee somewhere cool, please feel free to send me an email (brandon.donnelly@globizen.com).