In an effort to revamp Toronto's Waterfront, Sidewalk Lab, a Google-created start-up is preparing an urban renewal project, which will result in a sleek and modern redesign of the city's underused lakefront space.
The design plans to incorporate cutting-edge technology in an attempt to "build an urban gathering place for businesses, locals and visitors." Although the designs are still in the early phases of development, the project is expected to include free WiFi, autonomous trash systems, clean energy resources and self-driving cars.
Toronto's waterfront design is expected to reduce greenhouse gas emissions by two thirds, while placing the thousands of people who make up Toronto's "Quayside" neighborhood in close proximity to much-needed green space.
Tech-Fueled Waterfront Redesigns
Toronto's Waterfront is Undergoing a Google-Sponsored Redesign
Trend Themes
1. Urban Renewal Through Technology - By using cutting-edge technology, cities can revamp their infrastructure and create more efficient spaces for businesses, locals, and visitors.
2. Sustainable Waterfront Development - Cities can reduce their carbon footprint and create greener spaces by incorporating clean energy resources and autonomous waste management systems into their waterfront designs.
3. Smart Mobility and Transportation - By including self-driving cars in their waterfront designs, cities can create more efficient and convenient transportation options for locals and visitors alike.
Industry Implications
1. Smart City Technology - Companies that develop innovative solutions to revamp cities through technology have the opportunity to create disruptive change in the realm of urban infrastructure.
2. Renewable Energy - The incorporation of clean energy resources into urban projects such as waterfront redesigns has the potential to revolutionize the way cities consume and generate energy.
3. Autonomous Vehicles and Transportation - The development and integration of self-driving cars into urban infrastructure is a significant opportunity for companies looking to disrupt the transportation industry.