Real Numbers About Development

Porter's plan to extend the runway to allow for more flights at longer distances is a hot topic—and exactly the type of thing that Ryerson University's new Centre for Urban Research and Land Development (CURLD) will analyze, says one of men who helped established the centre, urban and real estate economist Frank Clayton. CURLD is the first research centre of its kind, dedicated to studying the economic impact of urban policies in the Greater Golden Horseshoe area, one of the country's fastest-growing regions. Investigating the economic effects of urban growth issues and making sure policy-makers have the data is exactly why the building industry has raised close to $2M to develop the centre, he says.

Ryerson students will very involved in the new centre. They also plan to have educational seminars for local politicians. "Municipal and urban policy should be conducted within a cost-benefit framework," Frank says. Fiscal resources are tighter, after all. The centre is all about bringing the different sides to development together more. "Developers will understand that there is a bigger picture, that it's just not about their development," Frank adds. (See the forest for the trees--then build around the trees to earn a LEED cert.) Ryerson School of Urban and Regional Planning professor David Amborski and Kylemore Communities prez Patrick O'Hanlon also founded the centre with Frank.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Toronto Newsletters
Related Stories

Federal Government To Sell Nearly 31K SF In Five Points: The Denver Deal Sheet

Avison Young Had Assets Frozen By Bank Over Unpaid Taxes

Artificial Intelligence Companies Reshaping Dublin Office Demand As OpenAI Confirms HQ

Mars Factory Overhaul Stalls As Candymaker's Chicago Expansion Accelerates

Camden Property Trust Sells West Coast Portfolio, Clears $1.5B Target

Empire State Building Observation Deck Hemorrhaging Visitors, Value

Cortland, Pulte, INVH, Walker & Dunlop Execs Talk Changing Demographics, AI

America's War Machine Is Growing, Sparking A Defense Real Estate Boom

Boca Raton's New Leaders Throwing 'All Kinds Of Curveballs' At Developers

CBRE Posts 16% Revenue Growth In Q2 As Data Center Business Shines

How Metropolis Is Bringing Parking Into The Future With AI And Recognition Technology

While Chicago Development Stalls, Fulton Market Keeps Building