Toronto's East Bayfront has changed dramatically over the last twenty years. Remember when we used to complain that it was under-utilized? Here's what Landfilling Toronto's Parliament Slip Brandon Donnelly Jan 31 ShareSupport Toronto's East Bayfront has changed dramatically over the last twenty years. Remember when we used to complain that the waterfront was under-utilized? Here's what it looked like circa 2005 (photo via Waterfront Toronto): And here's what it looks like today: The waterfront has, in my opinion, become one of the nicest neighbourhoods in the city. I'm bullish on this part of Toronto. But it's not done yet. One key piece of infrastructure that was just completed is the landfilling of a part of the Parliament Slip. If you go back to the previous aerial photo, you'll see that the water's edge now runs parallel to Queens Quay East in this section. This was an important piece of city-building work because it will allow Queens Quay to continue eastward to Cherry Street, establishing a new city grid that can be used for transit and future development in the area. If you'd like to see what it takes to landfill part of Lake Ontario, below is a time-lapse video, also from Waterfront Toronto. Watch on YouTube → If you can't see it embedded in the post, click here. Cover photo from Waterfront Toronto Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

As a general rule, building a new building is easier than trying to do surgery on an existing one, because you never know exactly what you're going to Can London really build 180,000 homes on its roofs? Brandon Donnelly Jan 30 ShareSupport As a general rule, building a new building is easier than trying to do surgery on an existing one, because you never know exactly what you're going to find when you start the latter. But there are instances where surgery is necessary. According to Bloomberg, developers in London are becoming increasingly interested in the airspace above existing buildings, and it supposedly started because of some policy changes: In 2020, then housing minister Robert Jenrick introduced reforms that relaxed rules to add airspace builds above existing buildings. Owners can now construct additional residential stories to either expand their own dwelling or to create new units altogether without going through full planning permissions, which are often a long and costly process. This was part of a broader set of reforms to boost housing supply, and the current Labour government has not shelved these changes. Here's an example site listed for £150,000: The site currently comprises the roof and airspace above a 3-storey mixed-use residential-led block (Block B) within The Glassworks Development. The existing development was constructed in 2017 and comprises 23 residential apartments plus ground floor commercial space, all of which are sold off on long leases. I had an old boss who was very interested in this idea. For him, it was "free" land and a way to further extract value from an existing real estate portfolio. Of course, it's also a way to build new homes in already built-up cities. Some industry people think that London could accommodate up to 180,000 new homes using this strategy. But these are not simple builds. Can the existing structure and foundations support additional levels? How do you modify the existing elevator(s) while the building below remains occupied? How do you do the mechanical tie-ins without impacting the suite(s) below? All of this makes me wonder how feasible it will be for London to build 180,000 new homes in this way. If it can, that would be a great accomplishment, and one that other cities should aim to emulate. But regardless, I'd love to get under the hood of one of these projects. Cover photo by Travis Fish on Unsplash Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

We arrived in Revelstoke, BC, yesterday afternoon. The last time I was here was in 2015, and already I can tell that a lot has changed since then. I'm Signage tells you more than just where to go Brandon Donnelly Jan 29 ShareSupport We arrived in Revelstoke, BC, yesterday afternoon. The last time I was here was in 2015, and already I can tell that a lot has changed since then. I'm sure I'll have more to say on this over the next few days, but one of the first things that stood out to me was the city's signage. In 2020, Revelstoke City Council approved a $3.2 million, multi-phase wayfinding plan designed by Cygnus Design Group. So, what I have been seeing are the first completed phases. Wayfinding signage serves (at least) two critical functions. The first, and most obvious one, is that it tells people where they are and how to get to where they likely want to go. The sign in the cover photo of this post is what you see right before you enter downtown. The second function of wayfinding signage is to send other signals. It communicates to visitors that things are well-managed, that the place is hospitable, and, most importantly, that the place attracts visitors from around the world. It conveys importance. Before I had even reached downtown, the signage made me think to myself, "Wow, Revelstoke has grown a lot since I last visited!" That's the power of good communication, and it's a vital part of placemaking. Cover photo from Cygnus Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

Whistler is out, the interior of BC is in. Huge real estate deals are out, powder chasing is in. If you're a long-time reader of this blog, you'll kno 15th annual Plus, Extell and Hilton announce new Waldorf Astoria in Park City Brandon Donnelly Jan 28 ShareSupport Whistler is out, the Interior of BC is in. Huge real estate deals are out, powder chasing is in. If you're a long-time reader of this blog, you'll know that I do a ski and snowboard trip with a group of friends each year around this time. Our last three trips were to Park City (where it snowed so much we lost power); Trois Vallées (which also served as my bachelor party and which involved equal parts snowboarding and dancing on tables); and Hokkaido (where it looked like Toronto looks right now). This year — for annual number fifteen — we're headed to Revelstoke and Kicking Horse in the Selkirk and Purcell Mountains. On some trips we like to combine an urban trip with the mountains, so that we can also gawk at architecture and urbanism. That's what we did in Japan last year. But this year's trip is not about that. It's about unadulterated time in the mountains. It has been a weird season for snow. The west coast has been too warm with not enough of it, and the east coast has been too cold with unusual amounts of it. I have no idea what's in store for us this week, but here's to hoping it looks like the cover photo of this post. In some related real estate news, Extell Development Company and Hilton just announced that they'll be opening a Waldorf Astoria Resort and Residences in the new Deer Valley East Village. It's going to have 132 hotel keys and 105 one- to six-bedroom branded residences ranging from 1,099 to 5,155 square feet. Of the 105 branded residences, 56 will be "hotel residences" located above the hotel, and the remaining 49 residences will be in a more exclusive standalone residential building. Architecture for the project is by KPF and the interiors are by AvroKO. If you missed my recent post about the East Village and the new Four Seasons that is also currently under construction, click here. Cover photo by Zach Wear on Unsplash Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

This month, Amazon announced that it will be opening a new 230,000 sf big box store in the suburbs of Chicago. Half of the store will be consumer-faci Amazon's new supercenter strategy Brandon Donnelly Jan 27 ShareSupport This month, Amazon announced that it will be opening a new 230,000 sf big box store in the suburbs of Chicago. Half of the store will be consumer-facing, where customers can browse aisles for groceries, household items, and general merchandise, and the other half will serve as a kind of micro-fulfillment center. Supposedly, the municipality applied a restriction to the lands requiring it to be a consumer-facing store; it can't just be for fulfillment. But it seems that some kinds are allowed. My understanding is that the "fulfillment" component of the project will allow customers to order (on kiosks throughout the store) certain items "from the back" and have them delivered to the front of the store for checkout. Importantly, it also decouples inventory management and optimizes the back-of-house for online grocery. This is a big store; bigger than even a Walmart Supercenter. It also sits on a 35-acre site, which means the lot coverage is only around 15%. However, there's also a large stormwater management pond and room for additional pad buildings based on this site plan: A store this massive is a fascinating signal because it's a clear admission from Amazon that it needs to get its brick-and-mortar strategy right if it wants to compete in grocery. Even after its Whole Foods acquisition, it's only about 3% of the US grocery market, whereas Walmart is sitting at over 20%. Ten years ago, it did not feel like this would be where we would end up. Retail as a real estate asset class was out of favor. Brick-and-mortar retail seemed destined to be disrupted by e-commerce and drone delivery. But retail evolved and grocery proved to be a unique facet of retail. At least so far. Cover photo by Brittani Burns on Unsplash Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

Creating anything from scratch is more difficult than working from an established base. This is absolutely true when it comes to starting new neighbor Creating successful places from scratch isn't easy Brandon Donnelly Jan 26 ShareSupport Creating anything from scratch is more difficult than working from an established base. This is absolutely true when it comes to starting new neighborhoods and communities. What do you build first? What will be the anchors? And how do you balance hard and soft infrastructure to make it an attractive place before a critical mass is achieved? I was thinking about this over the weekend while walking around Whistler Village, so I tweeted this out. If you've been before, you know it's packed with people all throughout the day. I would characterize it as a successful place. But the responses I got on Twitter were along the lines of: "Are you joking? It's a fake utopia. It may be busy, but staff are forced to live on the outskirts of the village in dorms." These comments are not entirely wrong. Resort villages are typically a kind of Disneyland. Attainable workforce housing is a major challenge for resorts, and it's typical to make the building of it a precondition to development. You can't run a resort without staff. But none of this changes the fact that it is still very difficult to create successful places from scratch. There are lots of ski resorts that don't have the energy of Whistler, and lots of new planned communities that don't have the foot traffic of older neighborhoods. The Canary District in Toronto comes to mind as a place that is still settling in. That is how you know it's challenging. Creating successful places from scratch requires the right strategy, careful design and programming, patience, and probably the ability to subsidize the right tenants to seed activity early on. It's also helpful if you can avoid going broke before the neighborhood comes alive. Cover photo by Peter Robbins on Unsplash Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription

I arrived in BC yesterday for ICSC Whistler. This is my first time here for this conference. I came around this time several years ago for a Slate inv I'm in Whistler to do huge deals Brandon Donnelly Jan 25 ShareSupport I arrived in BC yesterday for ICSC Whistler. This is my first time here for this conference. I came around this time several years ago for a Slate investor day, but I never participated in ICSC activities per se. So, I've come to realize that I don't really know the proper protocols. I'm an ICSC newbie. Most people I know don't attend the actual conference. My loose understanding is that you wear Patagonia, ski and snowboard all day, après at Longhorn, and then real estate deals and capital get thrown at you from all angles. I'll try this and see what happens. If you're around, drop me a text or email me at brandon.donnelly@globizen.com. Support Brandon Donnelly The daily blog for city builders Show you appreciate this writer, help support their work, and share in their growth over time by buying their writer coin. Support SENT VIA PARAGRAPHYou're receiving this because you've subscribed to updates from Brandon Donnelly. 2010 El Camino Real Office 2350 Santa Clara, CA 95050 Manage your subscription