Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.
There are many reasons why one might want to host the Olympics. Brand building is certainly one. Making some kind of profit is another. But the direct economic benefits aren’t always clear. Embedded above are two recent charts from the WSJ outlining 1) the cost of the Olympic Games over the years (the exact numbers are likely debatable) and 2) some of the overruns that host cities have seen. Montreal stands out as an unfortunate outlier with cost overruns exceeding 700%. And Tokyo stands out as being the most expensive games ever. As I understand it, the economics are challenging in the best of times. So one can only imagine what kind of dent the Tokyo Olympics might leave behind.
One of the biggest challenges with living through this pandemic has been finding a good public toilet. Drinking in the park is all fine and dandy, but at some point you’re going to need to find a place to pee. From experience, I can tell you that this can be a challenge in places like Toronto and Vancouver. But from the looks of it, the situation is a bit different in Tokyo. Japan, apparently, views its toilets as a symbol of its world-renowned hospitality culture. And so it takes great pride in the design of its public toilets. Last year, Tokyo invited 16 creators from around the world to redesign 17 of its public toilets throughout Shibuya. The list of creators includes big names like Tadao Ando, Kengo Kuma, Shigeru Ban, Toyo Ito, and many others. And the result is probably the nicest collection of public toilets that you have ever seen (somewhere around 9 of them are already operational with the balance expected to open sometime this year). The uniforms worn by the maintenance staff were even designed by Nigo (creator of the fashion brand A Bathine Ape). That’s attention to detail.
For more about The Tokyo Toilet project and to check out the completed toilets, click here.
A digital calico cat the size of a yacht is melting hearts in Tokyo. Visitors are only treated to a few brief appearances per hour and it behaves like an actual cat — in the sense that it does whatever it pleases. https://t.co/qx4Ms4ujLEpic.twitter.com/dEoRXGS84l
Last month, a giant 4K digital cat was installed on a billboard near Shinjuku station in Tokyo. See above tweet. It was created using a 26 x 62 foot LED display, and the resulting effect is very much a trompe-l’œil. The cat looks like it’s sitting on a ledge that is carved into the side of a building.
The cat doesn’t have a name. But the New York Times has reported that locals have started to call it “Shinjuku east exit cat” because of where it is situated relative to the station. I am going to assume that this name sounds a little more endearing in Japanese.
Having spent a fair bit of time in Asia in my twenties — mainly Taipei, Tokyo, and Hong Kong — I’ve always been impressed by how playful Asian cities are with their buildings, billboards, signage, and lighting. It can make us feel overly conservative. A trip to Tokyo can be like a trip to the future.
I appreciate that most people don’t want their cities to be overrun with advertising, and that’s what billboards are usually for. It can get tacky. I get it. But sometimes it just makes sense to stick a massive 3D cat on the side of your building. It’s fun and it captures people’s attention.
Founded in 2003, Tokyo-based BALMUDA refers to itself as a creativity and technology company that creates home appliances and other products designed to deliver “thrilling and wonderful experiences.” Last year they entered the US market with products such as The Kettle and The Toaster. A toaster is perhaps one of those things that isn’t usually described as being thrilling. But BALMUDA The Toaster is one beautiful toaster, and according to Monocle Magazine it has become a sleeper hit around the world. (The company went public last December in Tokyo and its share price is up nearly 80% at the time of writing this.) It has a special steaming technology that keeps bread moist on the inside and crispy on the outside. What you do is add 5 cc of water to the toaster before heating it up and that produces a thin layer of steam within the appliance. I never knew that my bread needed this, but clearly it does. Watching the latest movie from The Minimalists has taught me nothing. I hope these guys start shipping to Canada very soon.
For a very long time, there was a great debate in Toronto about whether or not the elevated Gardiner Expressway should be removed from downtown and replaced with something else. As recently as five years ago, that debate was centered around removing the eastern portion of the expressway and replacing it with a large surface boulevard.
But that ship has sailed. A controversial decision was made not to remove the “Gardiner East,” but instead reroute it (that wasn’t my first choice). At the same time, wonderful new city building initiatives, such as The Bentway, have started to reclaim the long overlooked spaces that sit underneath it.
Another good example of this is the “West Block,” which was recently unveiled at the northeast corner of Bathurst St and Lake Shore Blvd W. New retail uses (such as the above LCBO) and new public spaces (note the above stair/seating combo) have been tucked underneath the expressway’s structure, creating a beautiful contrast between old and new.
It reminds me of some of the urban spaces that you might find in other dense urban centers such as Tokyo, because this may be the first fully fledged retail space located underneath the Gardiner. I think it is. But here’s what’s counterintuitive: the more we embrace the Gardiner in these ways, the more it will recede into the background.
At some point in the near future, these spaces will be filled with people. People eating outside at restaurants. People sitting on the above steps enjoying an illegal drink (because of our antiquated liquor laws). And when that happens, I’m sure most won’t even consider what’s above their head.
“…the pandemic and its aftermath have also created a rare openness to doing things differently. Seizing this opportunity won’t be easy, or a short-term affair. But if we can be certain of anything, it’s that cities will adapt and evolve, and that they have the potential to come back stronger.”
– Kearney 2020 Global Cities Report
The Kearney 2020 Global Cities Report is out and it incorporates two main rankings: their Global Cities Index (GCI) and their Global Cities Outlook (GCO).
The former is intended to be a snapshot of where things stand today and the latter is intended to be a forecast of where things might be heading.
Here’s their GCI:
And here’s their GCO:
Note: The big mover in their GCO is Toronto, jumping nine spots to take second place behind London.
Not surprisingly, their business as a travel company has been heavily impacted by COVID-19. Last year, the platform saw 326.9 million nights and experiences booked, with 251.1 million being booked in the first nine months of 2019. This year, nights and experiences are down to 146.9 million for this same nine month period. Revenue is correspondingly down from $3.7 billion for the first nine months of 2019, to $2.5 billion for the first nine months of this year.
But what is also clear from their data is that people still really want to travel and have new experiences. As soon as April passed and the Northern Hemisphere entered the normally busy Q3 travel season, domestic travel began to quickly ramp back up. For many, this likely took the place of international travel. See above chart.
Of greater concern might be all of the regulation that now surrounds short-term rentals. As of October 2019, about 70% of the platform’s top 200 cities (by revenue) had some form of regulation impacting short-term rentals. But at the same time, no one city accounts for more than 2.5% of the platform’s revenue. So there’s strong geographic diversification.
If you’d like to take a look at the company’s S-1, you can do that over here. And for those of you who might be curious, these are Airbnb’s top 10 cities based on revenue:
Whenever you see a best-of-anything ranking, you should probably ask yourself what the hell “best” even means. In this case, Resonance Consultancy is ranking the world’s cities based on six alliterative categories: place, people, programming, product, prosperity, and promotion.
Some of these metrics are qualitative, but many are, in fact, quantitative. Number of COVID-19 infections in 2020; number of direct destinations served by the city’s airports; number of foreign-born residents; number of top-rated restaurants (TripAdvisor); most Instagram check-ins, and so on.
The result is this list of the world’s best cities:
London
New York
Paris
Moscow
Tokyo
Dubai
Singapore
Barcelona
Los Angeles
Madrid
Rome
Chicago
Toronto
San Francisco
Abu Dhabi
I arbitrarily chose the top 15 cities in order to make sure that Toronto was included in this ranking. If you’d like to download a full copy of the 2021 World’s Best Cities report, you can do that over here. I recommend you check out their performance criteria.
Toronto, for example, performs very well when it comes to “people.” That’s fairly consistent across most of these rankings. But it didn’t fare so well when it comes to “place.” That category includes things like the average number of sunny days and the number of high quality sights & landmarks.
Social media, as we all know, isn’t all that real. Photos are cropped, edited, and distorted all the time. But that’s kind of how things work these days and it’s not just on social media. Back in 2014, it was revealed that about 75% of Ikea’s catalogues were made up of computer generated images. It’s simply a lot faster to do that than stage a bunch of spaces for photoshoots. Fast forward six years and Ikea is now taking it a step further by integrating “digital influencers” into their ads. Here’s what that looks like:
This particular campaign was done to promote a new store in Tokyo’s Harajuku district. And it features a popular digital influencer known as Imma. This is my first foray into the world of digital influencers, but Imma is apparently popular enough to have some 265,000 followers on Instagram. What I have just learned is that a real human is first photographed and filmed for all of this content. Imma’s digital head is then transplanted onto said content. That’s how these digital influencers are created.
It all feels very Japanese to me. It also feels a bit like the starting premise of a great Black Mirror episode. But on the other hand, is it really all that different from the highly doctored content that already graces the internet?
Who needs to travel when you have, this? This, is a site called Drive & Listen, which allows you to drive around cities — well, watch vides of people driving around cities — while listening to local radio stations. It’s oddly fascinating in an I-spend-hours-on-Google-street-view kind of way. (It’s okay if you do that too.) A colleague sent out the link this morning and I thought it was a pretty clever idea, particularly right now, when many/most of us are yearning to travel, but can’t. The first cities I visited were Buenos Aires, Tokyo, Sao Paulo, Lisbon, Berlin, and, of course, Toronto.
