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Alphabet Inc.’s digital city on Toronto’s waterfront will be made out of wood, heated by geothermal wells and offer a swathe of affordable housing as it seeks to win over a skeptical public concerned about privacy issues at the development.

Sidewalk Labs LLC, the urban innovation unit of Google parent Alphabet says about 40 percent of the 2,500 residential units on the 4.9-hectare (12-acre) development dubbed “Quayside,” will be below-market housing, including 20 percent affordable. Just over half will be purpose-built rental.

Source: Bloomberg

Date: November 30th, 2018

Link (if you open with an incognito browser you will not trigger the article limitations): https://www.bloomberg.com/news/articles/2018-11-29/google-aims-to-win-over-skeptical-toronto-with-affordable-homes?srnd=technology-vp

Discussion

1) Is it “technology news” that a technology company is going to build affordable housing?

2) Why is it important that Google is doing this?

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