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February 19, 2016

A look at net migration by age group in Vancouver

I’ve written quite a few posts about family formation and, more specifically, about where Millennials will move once they start having kids. 

Many seem to believe that – despite the current Millennial love affair with urban centers – much of this cohort is destined to repeat the pattern of the previous generation. Meaning, once the kids come along, they’re headed to the suburbs in search of bigger and more affordable housing.

If you look at the data, there’s a lot to support this prediction. Below is an interesting chart from Nathanael Lauster (Professor in Sociology at the University of British Columbia) that looks at net migration by age group for the City of Vancouver and the metro area.

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What this chart shows is a flood of people in their late teens and early 20s migrating into the city (many of which are likely students), but then a fairly dramatic net loss of people leaving the city as they enter their 30s. The metro area, however, continues to grow – almost certainly because of people looking for more suitable family housing.

But this data is from 2006-2011. We don’t yet have the 2016 census data. And I suspect that we will start to see an increase in the number of people opting to remain in the city across many different urban centers. 

There are some very real economic pressures that successful cities today have to contend with. But I believe that the desire to remain in the city is there for a lot of young people.

February 17, 2016

Mr. Robinson -- Architect as Developer

I first learned about the work of Jonathan Segal back when I was in architecture school. And he was somebody I immediately admired. 

At the time, I was struggling to figure out where I wanted to position myself between architecture and real estate development, and he was somebody who had seemingly figured it all out: he simply merged the two.

For those of you who are unfamiliar with Jonathan Segal, he has made a name for himself by being a pioneer of the “Architect as Developer” business model. That is, he acts as both the architect and the developer/client.

This business model isn’t going to suit everyone, but I suspect that we’ll see more of it in the future.

Of course, it doesn’t just have to be an architect acting as a developer. It could also be an architect and a developer joining forces or some other permutation. Whatever the case may be, design and innovation are central to business today and that’s why I think this model will only become more relevant.

Below is a short 3 ½ minute video about Segal’s latest project, called Mr. Robinson. It is located in San Diego. If you can’t see the video below, click here.

[vimeo 155403927 w=500 h=211]

If you’d like to see the typical floor plans or rent one of the apartments (they start at $2,400/month), click here.

Now I’d be curious to hear your thoughts. Do you like the project?

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February 17, 2016

Toronto’s rapid transit network by 2031

Starting today and running until the end of March, the City of Toronto, the Toronto Transit Commission, and Metrolinx will be hosting several public meetings as they work towards planning out this city and region’s rapid transit network.

Below are a few of the key maps from their presentation.

Here is what Toronto’s rapid transit network looks like today (the hollow lines represent projects in construction):

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Here is what will be built within the next 6 years:

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And here is what they are recommending should be built within the next 15 years:

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It’s hard not to get excited when you see maps like this. Of course, it’s a lot easier to draw lines on a map then it is to fund and execute on projects like this.

But I think it all starts with us acknowledging that these initiatives are critical to both our economic competitiveness as a city region and our quality of life as citizens of it. Because if this is something we really want, then we can absolutely make it happen.

Click here if you’d like to see the full presentation and also the public meeting dates/times.

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Brandon Donnelly

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Brandon Donnelly

Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.

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