One of the things that I have learned over the years from sitting on panel discussions about city building is that, if I talk about the challenges and economic realities of development, I will be less popular than if I just tell feel-good stories about urbanism and architecture. The latter is often what people want to hear. It's more exciting.
But to ignore the economic realities of the world is to ignore real solutions. And this, as I have talked about before, is one of the main qualms that I had with architecture school. Money, economics, and real estate matters were tertiary, if not entirely taboo. Just focus on the purity of design and everything else will resolve itself.
Now don't get me wrong, I love design. It is fundamental. But so are a bunch of other things, which is why I think this article, by Benjamin Schneider, hits the nail on the head. It is specifically a review of a MoMA exhibit called New York, New Publics, but really the overarching message is this one here: "Enough with the feel-good architecture."
To tell a feel-good story within this framework, urban development projects must be edited and curated to cleanse them of these associations. Favored projects must somehow appear to transcend capitalism, NIMBYism, an anti-urban federal government, and the compromises inherent in the transformation of the built environment. Because this is impossible—except in the case of marginal beautification projects—the public is left with false expectations about how cities get built, making the hard stuff even harder to pull off.
One of the things that I have learned over the years from sitting on panel discussions about city building is that, if I talk about the challenges and economic realities of development, I will be less popular than if I just tell feel-good stories about urbanism and architecture. The latter is often what people want to hear. It's more exciting.
But to ignore the economic realities of the world is to ignore real solutions. And this, as I have talked about before, is one of the main qualms that I had with architecture school. Money, economics, and real estate matters were tertiary, if not entirely taboo. Just focus on the purity of design and everything else will resolve itself.
Now don't get me wrong, I love design. It is fundamental. But so are a bunch of other things, which is why I think this article, by Benjamin Schneider, hits the nail on the head. It is specifically a review of a MoMA exhibit called New York, New Publics, but really the overarching message is this one here: "Enough with the feel-good architecture."
To tell a feel-good story within this framework, urban development projects must be edited and curated to cleanse them of these associations. Favored projects must somehow appear to transcend capitalism, NIMBYism, an anti-urban federal government, and the compromises inherent in the transformation of the built environment. Because this is impossible—except in the case of marginal beautification projects—the public is left with false expectations about how cities get built, making the hard stuff even harder to pull off.
City building always involves compromises. But the more we're upfront about what they are, the sooner we'll get to more optimal solutions.
Earlier this week, I shared this image of Corktown Condos on my Instagram. It represents the first phase of Slate's two-phase project in Hamilton, and I'm excited to announce that we'll be launching sales this spring (both in Hamilton and in Toronto).
We love Hamilton. It has walkability, transit, a wonderful stock of old buildings, and a dynamic and growing cultural scene. In other words, it has all of the characteristics that we look for when it comes to new projects. And here, our approach to city building is exactly analogous to what we did in Toronto at Yonge & St. Clair.
Those of you who are familiar with our work will know that Slate owns 8 office buildings in midtown, including all four corners of the Yonge & St. Clair intersection. And that we have spent the last decade investing in these buildings, investing in the public realm, investing in public art, and working to support businesses in the area. Then in 2021, we launched sales on a landmark condominium tower called One Delisle that is now under construction.
Here in Hamilton, we are similarly investing in economic development and in housing. Last year, it was announced that we acquired approximately 800 acres of industrial land and buildings on Hamilton's waterfront. This site alone has the potential to create up to 23,000 new jobs across the region and inject up to $3.8 billion into Ontario's economy. It will likely also take some time and be measured in decades.
We prefer to think of ourselves as city builders. And that means taking a long-term view and thinking about the broader city -- not just about our individual projects. So for us, Corktown is part of a much larger and longer-term commitment to the City of Hamilton. And we couldn't be more excited to share it with all of you in the coming weeks.
Stay tuned. And if you'd like to register for Corktown, you can do that over here.
I cover a lot of different topics on this blog. It's hard to write daily for a decade and not meander every now and then. But generally speaking, I do try and keep this forum focused on things that are related to city building -- real estate, housing, design, transportation, etc. And I do try and share some of the things that I have learned (and the mistakes that I have made) since I started working in real estate development back in 2007.
But we all have limits, and different perspectives are vital for solving problems. So I'd really like to introduce more Q&A features on this blog, similar to this recent one that I did with structural engineer, James Cranford. If this sounds interesting to any of you, please reach out. I'm open to anyone who touches the built environment: architects, artists, planners (private or municipal), lenders, furniture designers, bollard manufactures ... you name it!
Earlier this week, I shared this image of Corktown Condos on my Instagram. It represents the first phase of Slate's two-phase project in Hamilton, and I'm excited to announce that we'll be launching sales this spring (both in Hamilton and in Toronto).
We love Hamilton. It has walkability, transit, a wonderful stock of old buildings, and a dynamic and growing cultural scene. In other words, it has all of the characteristics that we look for when it comes to new projects. And here, our approach to city building is exactly analogous to what we did in Toronto at Yonge & St. Clair.
Those of you who are familiar with our work will know that Slate owns 8 office buildings in midtown, including all four corners of the Yonge & St. Clair intersection. And that we have spent the last decade investing in these buildings, investing in the public realm, investing in public art, and working to support businesses in the area. Then in 2021, we launched sales on a landmark condominium tower called One Delisle that is now under construction.
Here in Hamilton, we are similarly investing in economic development and in housing. Last year, it was announced that we acquired approximately 800 acres of industrial land and buildings on Hamilton's waterfront. This site alone has the potential to create up to 23,000 new jobs across the region and inject up to $3.8 billion into Ontario's economy. It will likely also take some time and be measured in decades.
We prefer to think of ourselves as city builders. And that means taking a long-term view and thinking about the broader city -- not just about our individual projects. So for us, Corktown is part of a much larger and longer-term commitment to the City of Hamilton. And we couldn't be more excited to share it with all of you in the coming weeks.
Stay tuned. And if you'd like to register for Corktown, you can do that over here.
I cover a lot of different topics on this blog. It's hard to write daily for a decade and not meander every now and then. But generally speaking, I do try and keep this forum focused on things that are related to city building -- real estate, housing, design, transportation, etc. And I do try and share some of the things that I have learned (and the mistakes that I have made) since I started working in real estate development back in 2007.
But we all have limits, and different perspectives are vital for solving problems. So I'd really like to introduce more Q&A features on this blog, similar to this recent one that I did with structural engineer, James Cranford. If this sounds interesting to any of you, please reach out. I'm open to anyone who touches the built environment: architects, artists, planners (private or municipal), lenders, furniture designers, bollard manufactures ... you name it!