It was announced this morning that the feds will be contributing $660M towards Toronto’s new Scarborough subway line. While transit investment of any kind is generally a good thing, it’s a shame that we can’t get our priorities straight. Decisions are being made based on politics rather than rational thought.
Here’s what TTC CEO Andy Byford said:
“We all know that Toronto has a congestion problem, so it can only be good that we get more funding,” Andy Byford told reporters after the announcement. “I’ve said since the day I got here that the downtown relief line remains a priority for the TTC. I reiterate that point. But I think that, with the time scales available, it’s possible we can do more than one thing at a time.”
This is Byford being diplomatic.
The downtown relief line is absolutely the most important (planned) subway line in Toronto. For one, the Yonge & Bloor subway interchange is at capacity. Until these pressures are relieved, any extension of existing lines will only exacerbate the problem.
At the same time, the density levels are way higher in the core, meaning that ridership levels will be higher and the required government subsidies will be lower. Not surprisingly, subway lines make more fiscal sense when you build them where demand is greatest.
So the irony is that our Mayor - who ran on a campaign to “stop the gravy train” - is pushing to build a rail line that will ultimately cost taxpayers more money.
Oh, politics.
This past Wednesday the Globe & Mail newspaper announced that they signed a 15-year lease to be the lead tenant in a new office tower now under construction at 351 King Street East (just west of Parliament Street). This means that the newspaper will be leaving its current digs on the west side of downtown at Front & Spadina.
I have to admit that I was pretty excited when I read the news. The design looks incredibly promising and, as some of you might know, I’m bullish on the east side of downtown.
One of my favourite areas of the city is the Distillery District. But today it still feels very much like an island. And it’s because the city hasn’t really caught up to it. It’s a destination.
However, between the West Don Lands and major office projects such as this one (it’s 500,000 sf), I think the east side of downtown is about to hit its stride.
It’s continuing to “fill in” and this will make more and more people realize how central it actually is to the core - especially in comparison to west side neighbourhoods like Liberty Village.
Amongst my excitement, I did however stop to think about the fact that a newspaper company was taking top spot in a new office tower. Will newspapers even be around for another 15 years?
New York VC Fred Wilson wrote a blog post yesterday called “Writing It Down." In it he talks about why he blogs everyday. It’s worth reading. If you’re into tech, you should also read his linked post on Twitter. After reading it, I thought I should come clean about something: He’s one of the main reasons I decided to start blogging. I saw what he was doing and I felt inspired. The other reason is that I started blogging for Dirt and really enjoyed it. I’m trying to also do it daily, but so far I haven’t made any public promises on that front. I’d rather under promise and over deliver. I’ve been an avid reader of Fred’s blog for awhile now. What I find really powerful is that it has become a mechanism for him to get his thoughts out and into the world and to get feedback on them. Sometimes his posts can be a definitive how-to (such as his MBA Monday lessons) and in other cases it’s clear that he himself isn’t sure of the answer, but that he wants to put it out there for discussion. And I think that’s a great way to be. There’s wisdom in crowds. At the same time, when I decided to start blogging personally, I told myself that even if nobody reads my stuff that I’d still be getting value out of it. That’s because writing forces you to think about things to a greater extent than if you, well, just sat and thought about them. I like that. However, I do hope that my blog will end up getting read by others because I’m interested in happenstance. I’m interested in the chance that like-minded individuals will read one of my posts about cities and reach out to me, or introduce me to somebody I should meet. When you put yourself out there, I think you also open yourself up to opportunities.
