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)
//platform.twitter.com/widgets.js
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.