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September 14, 2018

Uber to invest $200 million in Toronto

Uber CEO Dara Khosrowshahi was in Toronto today, where he announced that the company plans to invest more than $200 million over the next five years to expand the autonomous vehicle research lab that it already has here in the city. 

The Toronto outpost of Uber’s Advanced Technologies Group (ATG) – which is its only international outpost – is led by renowned University of Toronto professor, Raquel Urtasun. She is also the cofounder of the Vector Institute for Artificial Intelligence and splits her time between Uber and UofT.

With this investment, Uber also expects to open its first engineering facility in Canada and grow its local headcount to 500, up from the 200 or so it has today. Some of these hires will be local. Some will be international. And some will be transplants from Uber’s other offices.

September 14, 2018

Uber to invest $200 million in Toronto

Uber CEO Dara Khosrowshahi was in Toronto today, where he announced that the company plans to invest more than $200 million over the next five years to expand the autonomous vehicle research lab that it already has here in the city. 

The Toronto outpost of Uber’s Advanced Technologies Group (ATG) – which is its only international outpost – is led by renowned University of Toronto professor, Raquel Urtasun. She is also the cofounder of the Vector Institute for Artificial Intelligence and splits her time between Uber and UofT.

With this investment, Uber also expects to open its first engineering facility in Canada and grow its local headcount to 500, up from the 200 or so it has today. Some of these hires will be local. Some will be international. And some will be transplants from Uber’s other offices.

Also notable about the announcement is that Khosrowshahi mentioned that he thinks fully autonomous vehicles roaming the streets of our cities is a good 10 years away. But I wonder if that isn’t political PR speak intended not to spook its drivers. So are we closer to the mid-2020′s?

Either way, as a proud Torontonian and UofT alumnus, I was happy to see this announcement. I think it’s far more exciting than the Apple event that took place earlier this week.

Also notable about the announcement is that Khosrowshahi mentioned that he thinks fully autonomous vehicles roaming the streets of our cities is a good 10 years away. But I wonder if that isn’t political PR speak intended not to spook its drivers. So are we closer to the mid-2020′s?

Either way, as a proud Torontonian and UofT alumnus, I was happy to see this announcement. I think it’s far more exciting than the Apple event that took place earlier this week.

September 13, 2018

Invisible walls

This is an interesting working paper by a team of researchers at NYU’s Marron Institute of Urban Management. The paper examines the relationship between urban density and organized violence, first in Colombia and then within a sample of 200 global cities.

The finding is that organized violence actually increases the population density of the surrounding areas within a city because it creates a kind of “invisible wall” – effectively a no-go zone.

This makes perfect intuitive sense, but it’s not something I ever considered. Geography and other natural constraints typically drive density. Think about the island of Manhattan. But so too can invisible walls.

For the full working paper, click here.

Photo by Joel Duncan on

September 13, 2018

Invisible walls

This is an interesting working paper by a team of researchers at NYU’s Marron Institute of Urban Management. The paper examines the relationship between urban density and organized violence, first in Colombia and then within a sample of 200 global cities.

The finding is that organized violence actually increases the population density of the surrounding areas within a city because it creates a kind of “invisible wall” – effectively a no-go zone.

This makes perfect intuitive sense, but it’s not something I ever considered. Geography and other natural constraints typically drive density. Think about the island of Manhattan. But so too can invisible walls.

For the full working paper, click here.

Photo by Joel Duncan on

September 12, 2018

Microsoft Canada moving to CIBC Square

Today, Microsoft announced that it will be moving its Canadian headquarters from Mississauga to the new CIBC Square development that is currently under construction in downtown Toronto (and rendered above). 

According to RENX, Microsoft will occupy 132,000 square feet across 4 floors in the first tower. Occupancy is scheduled for September 2020.

I love this project. The design architect is WilkinsonEyre. And there’s going to be an elevated one-acre park spanning the rail corridor between the project’s two towers.

But it’s also noteworthy because it is an example of a major suburban tenant deciding to relocate to a transit-oriented urban environment. (I have a post on this somewhere.) 

Image:

September 12, 2018

Microsoft Canada moving to CIBC Square

Today, Microsoft announced that it will be moving its Canadian headquarters from Mississauga to the new CIBC Square development that is currently under construction in downtown Toronto (and rendered above). 

According to RENX, Microsoft will occupy 132,000 square feet across 4 floors in the first tower. Occupancy is scheduled for September 2020.

I love this project. The design architect is WilkinsonEyre. And there’s going to be an elevated one-acre park spanning the rail corridor between the project’s two towers.

But it’s also noteworthy because it is an example of a major suburban tenant deciding to relocate to a transit-oriented urban environment. (I have a post on this somewhere.) 

Image:

Unsplash

WilkinsonEyre
Unsplash

WilkinsonEyre

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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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Brandon Donnelly

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

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Written by
Brandon Donnelly
Written by
Brandon Donnelly