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Sidewalk Labs abandons project for high-tech Toronto neighborhood - Business Insider

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Alphabet's Sidewalk Labs has abandoned its ambitious plan for a $900 million high-tech neighborhood in Toronto, following economic uncertainty and years of controversy

a blog post

that Sidewalk Labs would no longer be proceeding with the Quayside project, which has been in development since October 2017, owing to economic uncertainties resulting from the COVID-19 pandemic. According to the company, the project to build a 12-acre ultra-connected neighborhood on Toronto's Eastern Waterfront would have "set new standards" for city designs and would have included everything from driverless vehicles to heated sidewalks, not to mention a copious number of sensors.

"But as unprecedented economic uncertainty has set in around the world and in the Toronto real estate market, it has become too difficult to make the 12-acre project financially viable without sacrificing core parts of the plan we had developed together with Waterfront Toronto to build a truly inclusive, sustainable community.

 

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