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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.
This could be a good idea:
New York City Mayor Eric Adams today appointed Ya-Ting Liu as the city’s first-ever chief public realm officer, delivering on a key promise from his State of the City address. In this newly created role, Liu will coordinate across city government, community organizations, and the private sector to create extraordinary public spaces across the entire city and continue to drive the city’s economic recovery.
As chief public realm officer, Liu will focus on delivering two components of Mayor Adams’ “Working People’s Agenda.” She will execute on a plan to invest $375 million to create and expand high-quality public spaces in all five boroughs, which includes the Broadway Vision plan, a full reconstruction of Jamaica Avenue from Sutphin Boulevard to Merrick Boulevard, and permanent upgrades to Open Streets in the Bronx and on Staten Island. At the same time, she will lead the administration’s work to deliver a permanent outdoor dining program in partnership with the City Council that works for businesses and residents, building on the massive success of the pandemic-era temporary Open Restaurants program, with clear design guidelines and accessible tools for restaurant owners and communities.
When done right, public spaces have been proven to promote economic development. Perhaps the most obvious example in New York is the High Line. The first two phases cost around $153 million to construct, and as of 2014 it was already attracting some 5 million visitors a year and thought to be responsible for over $2 billion of economic activity. As of 2019, the number of annual visitors had increased to 8 million.
So if New York ends up with more of these spaces -- you know, enjoyable spaces that attract lots of humans and investment -- this could be a good idea.
I haven't seen this sort of data before and it's an interesting way of looking at job access, transit connectivity, and overall built form:
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.
This could be a good idea:
New York City Mayor Eric Adams today appointed Ya-Ting Liu as the city’s first-ever chief public realm officer, delivering on a key promise from his State of the City address. In this newly created role, Liu will coordinate across city government, community organizations, and the private sector to create extraordinary public spaces across the entire city and continue to drive the city’s economic recovery.
As chief public realm officer, Liu will focus on delivering two components of Mayor Adams’ “Working People’s Agenda.” She will execute on a plan to invest $375 million to create and expand high-quality public spaces in all five boroughs, which includes the Broadway Vision plan, a full reconstruction of Jamaica Avenue from Sutphin Boulevard to Merrick Boulevard, and permanent upgrades to Open Streets in the Bronx and on Staten Island. At the same time, she will lead the administration’s work to deliver a permanent outdoor dining program in partnership with the City Council that works for businesses and residents, building on the massive success of the pandemic-era temporary Open Restaurants program, with clear design guidelines and accessible tools for restaurant owners and communities.
When done right, public spaces have been proven to promote economic development. Perhaps the most obvious example in New York is the High Line. The first two phases cost around $153 million to construct, and as of 2014 it was already attracting some 5 million visitors a year and thought to be responsible for over $2 billion of economic activity. As of 2019, the number of annual visitors had increased to 8 million.
So if New York ends up with more of these spaces -- you know, enjoyable spaces that attract lots of humans and investment -- this could be a good idea.
I haven't seen this sort of data before and it's an interesting way of looking at job access, transit connectivity, and overall built form:
The above is a table from New Geography (using data from the University of Minnesota). And what it shows is how many more jobs, across the US, can be accessed within a 30-minute commute by car versus by transit. For example, what this data tells us is that, on average across the US, there are about 56x more jobs that can be quickly accessed by car versus by transit.
But there is also huge variation across the 50 largest cities in the US. On the top end is Detroit, where there about 130x more jobs that can be accessed by car (again within 30 minutes). This isn't at all surprising. Also not surprising is the fact that New York is on the lowest end with only 5.6x as many car-versus-transit jobs. This is one of the reasons why I spoke yesterday about NYC being such an ideal candidate for something like NYC 25x25.
What a lower number tells us is that the city is far less reliant on personal vehicles and almost certainly has a higher urban density. That's why you see cities like New York, San Francisco, Boston, and Chicago near the top of this list. And in my opinion, this is where you want to be. The goal should be to minimize this multiple.
I haven't seen a dataset like this before, but I'm now curious to see how it varies globally. It feels like something that more of us should be monitoring. Because we know that there are strong links between jobs access and the overall economic performance of a city.
The above is a table from New Geography (using data from the University of Minnesota). And what it shows is how many more jobs, across the US, can be accessed within a 30-minute commute by car versus by transit. For example, what this data tells us is that, on average across the US, there are about 56x more jobs that can be quickly accessed by car versus by transit.
But there is also huge variation across the 50 largest cities in the US. On the top end is Detroit, where there about 130x more jobs that can be accessed by car (again within 30 minutes). This isn't at all surprising. Also not surprising is the fact that New York is on the lowest end with only 5.6x as many car-versus-transit jobs. This is one of the reasons why I spoke yesterday about NYC being such an ideal candidate for something like NYC 25x25.
What a lower number tells us is that the city is far less reliant on personal vehicles and almost certainly has a higher urban density. That's why you see cities like New York, San Francisco, Boston, and Chicago near the top of this list. And in my opinion, this is where you want to be. The goal should be to minimize this multiple.
I haven't seen a dataset like this before, but I'm now curious to see how it varies globally. It feels like something that more of us should be monitoring. Because we know that there are strong links between jobs access and the overall economic performance of a city.
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