Every time I bring my car in for service, I’m reminded of how expensive it is to maintain one. Between car payments, insurance, gas, parking in the city and service, owning a car eats into a lot of disposable income.
So for cities where the residents don’t need a car to get around, there’s potentially a lot of additional income that can get placed in other sectors of the economy.
Richard Florida, and others, have argued that we’ve historically been overspending on housing and transportation, and that it restricts capital from flowing into other, more productive, areas of the economy.
I’d be curious to see a study that compares transportation spending versus other local economic measures. How would a driving city compare to a public transit or biking city?
The revitalization of New York’s High Line has served as a dramatic catalyst for the surrounding areas. Once a blight, developers are now building projects that abut and straddle the High Line in every which way, leveraging its desirability as a public amenity. The result is some pretty interesting urban conditions.
Whatever you do, don’t call it Leslieville. It’s Riverside. Spanning 10 blocks along Queen Street East from the Don Valley Parkway to Degrassi Street, this part of town often gets rolled up into the hyped Leslieville neighbourhood. But they’re not one in the same. Formerly known as Queen Broadview Village, Riverside is a small neighbourhood within the larger South Riverdale precinct. But what it may lack in size, it certainly makes up for in terms of culture and history.