Briefing

Sidewalk Labs Scraps Toronto Mega-Development

By
Cory Weinberg
· · Source: The Information

With the economy roaring in 2017, Alphabet wanted to expand its power from the digital to the physical and build its own city. But now, with the real estate market frozen, those dreams are shattered. Alphabet subsidiary Sidewalk Labs, charged with envisioning the city of the future, scrapped a real estate development it had been seeking approvals to build on the Toronto waterfront on Thursday. ...

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