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Google Sibling's Aborting of Quayside Project to Be Felt Beyond Toronto’s Waterfront

CoStar Insight: Loss of 'Smart City' Development to Reverberate Across the Country
Sidewalk Labs canceling its massive Quayside project over "unprecedented economic uncertainty" delivers a blow to more than Toronto. (Sidewalk Labs)
Sidewalk Labs canceling its massive Quayside project over "unprecedented economic uncertainty" delivers a blow to more than Toronto. (Sidewalk Labs)
By Aman Chowdhary
CoStar Analyst
May 7, 2020 | 10:52 P.M.

The announcement of Sidewalk Labs, an Alphabet-owned and Google-affiliated company, abandoning its plans to build a 12-acre ultraconnected "smart city" on Toronto's waterfront comes as unexpected blow to the city and Canada as a whole.

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