Last week I tweeted out a Tweetstorm with some of the key facts from this City of Toronto study on the downtown core. Here are two of those tweets:
1/ Since 2006, downtown Toronto ’s population has been growing at 18%. That’s 4x the growth rate of the entire city. #athiscity
— Brandon G. Donnelly (@donnelly_b)
12/ Over 40% of downtown Toronto residents walk or cycle to work. 34% take transit. And 25% drive. #athiscity
— Brandon G. Donnelly (@donnelly_b)
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While I realize that reading city reports is probably not everyone’s idea of fun, it is a good one if you want to understand the massive change that is taking place in Toronto right now and also the importance of the downtown core for this region.
To put things into perspective, consider that the downtown core (including King West, King East, and the Portlands) is estimated to be responsible for 51% of the entire wealth generated in this city. And yet its physical area is easily less than 10% of the entire city (which is about 630 square kilometers).
That’s fascinating to me.
I was out for a bike ride last night and, on my way home, I decided to try out the new dedicated bike lane on Adelaide Street. Usually I would take King Street, but it was completely full because of Caribana parties.
For those of you who may not be aware, the city of Toronto is currently piloting two dedicated bike lanes on Adelaide Street and Richmond Street in the downtown core. Both streets are one-way and because the lanes were so big to begin with (highway-like spacing), I’m told that these new bike lanes didn’t even eat up a driving lane.
Here’s a map of the pilot area:
Given that dedicated bike lanes are a scarce resource here in Toronto, I have to say that it was rather luxurious having my own piece of road. And because there’s no longer any fear of parked car doors swinging open, I was able to ride a lot faster than I normally would.
But as my friend Evgeny pointed out earlier this week, there’s a big difference between dedicated and grade separated bike lanes. Indeed, on my trip from Bathurst Street to Church Street last night, I encountered 3 cars parked in my lane.
Fine or fire? Who will fix it, eh?#canadapostcares #300dollars pic.twitter.com/TIadlC5Omm
— Evgeny Tchebotarev (@tchebotarev)
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So, I hope that these bike lanes become a permanent fixture downtown, but that the city makes them grade-separated. I’m sure people will use them. At the same time, I think they could also act as a catalyst for more pedestrian life along both of these streets.
If you haven’t yet tried them out, I would encourage you to do so. The city is tracking usage and so you would be supporting the cause. And if there’s anybody parked in your lane, below is one way to handle it. It’s a video by Casey Neistat out of New York. If you can’t see it below, click here.
[youtube https://www.youtube.com/watch?v=bzE-IMaegzQ?rel=0]
The big news in Toronto real estate today is that Streetcar Developments has picked up the Broadview Hotel at the northwest corner of Queen Street East and Broadview Avenue in the city’s east end. The building is best known for housing Jilly’s–the finest in adult entertainment.
I don’t know what it sold for, but the twittersphere seems to think it went for somewhere between $4 and $6 million. My guess is that it’s on the higher end of that range.
The deal is interesting because there have been rumors circulating for years about its future. At one point there were rumblings that it was going to become a Drake Hotel on the east side–which does seem like a natural fit, and would be exciting for the Riverside area.
And while we still don’t know what it’s going to be, Streetcar–which is a condo and loft developer–has said the plan isn’t to turn it into residential condos:
“Although rooted in loft development, Streetcar does not see this building as a residential condominium project. We are in the early stages of planning, but our focus is to revive this building to a landmark everyone in the area can be proud of.”
That’s interesting. They also don’t deny that it could remain a hotel.
I don’t want to automatically assume that something along the lines of the Drake Hotel (a hotel, bar, restaurant and cultural community center) is the right recipe for this building, but I do think there’s an opportunity for it to become a significant anchor–even more so than Jilly’s–on the east side of downtown.
Earlier this week I wrote about the rise of the east end. Maybe this will end up as the establishment that really gives West Queen West a run for its money. But in order to do so, I think Streetcar will need to find the right cultural entrepreneur to partner with. You can’t fake being effortlessly cool.
Either way, I’m thrilled that this building–built in 1893–will be preserved. If there were any plans to demolish it, I would chain myself to a stripper pole in protest. The Broadview Hotel is a real gem with loads of potential.