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Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 1512

Yes In My Back Yard

  • Adoption-curve
  • Architect-this-city
  • Behavioral-economics

Last week I called somebody a NIMBY . And though I probably shouldn’t have, it stems from the fact that I make a concerted effort to be the exact opposite: a YIMBY (Yes In My Back Yard, as opposed to Not In My Back Yard).

I appreciate that change can be difficult for a lot of people. In fact, behavioral economic theory (specifically Prospect Theory ) suggests that when people are faced with probabilistic alternatives involving risk, they tend to put more weight on the potential losses. This means that the potential benefits have to be, not just marginally better, but hugely more beneficial before people will make the change.

Because I know I’m equipped with this bias, I try and constantly remind myself that change and motion are good and that oftentimes the potential losses or negatives aren’t going to be as bad as I might initially think.

However, I also have a counter acting bias. I recently did a personality assessment (called the DiSC assessment ) and I was found to be a creator. I would agree with this. What it means is that I prefer “to live in a world of possibilities.” I’m interested not in the way things are done today, but how they could be done in the future.

And when I think about all the things I’m passionate about—architecture, design, real estate development, cities and tech—there’s a common thread: each one is about imagining something new. Whether you’re designing a building or building a new internet platform, it’s all about possibilities. I believe that the future will be better than today. I’m an optimist.

But I recognize that this is a distinct personality type. I’m an early adopter. And not all people are like this. That’s why the  adoption curve looks the way it does. 

What would you say is your personality type?

#WeAreWinter, but #AreWeSummer?

  • International-olympic-committee
  • Ioc
  • Olympic-bid

The 2014 Winter Olympics are under way in Sochi, Russia and I’m happy to report that Canada is currently in the lead with 3 gold medals, 3 silver medals and 1 bronze medal.

I also love our slogan: #WeAreWinter . It’s almost as good as the “Own the Podium” one associated with the 2010 Vancouver Winter Olympics. I think it’s important to strive to be the best and I love to see us doing that.

But beyond just sports, the Olympics can also be highly political. Consider the facts that the average daily temperature in Sochi never drops below freezing and that it’s the warmest city, ever, to host the Winter Olympics . In fact, it’s where Russians vacation to get away from the cold. 

My only hope—through all the politics—is that the opportunity to city build isn’t lost.

As I’ve said before , I think major sporting events like the Olympics and the Pan American Games are a wonderful opportunity to catch up on infrastructure deficits. It creates a real deadline and pushes people and government to move quicker than they otherwise would.

It’s for this reason that I would have liked Toronto to bid for the 2024 Summer Olympics .

A truly successful Olympic Games should leave the host city better off than it was before. It’s about the sports, but also the legacy. Here’s a fact sheet from the International Olympic Committee on the “ Legacies of Games .” I would love to hear your thoughts in the comment section below regarding whether or not you think Toronto should have bid.

I left my heart in Jackson Hole [Video]

  • Alt-j
  • Jackson-hole
  • Jake-bugg

I am back from Jackson Hole , but missing it. I fell in love with that town this past week. It’s a small one, but a special one. It’s filled with great food and 10,000 of some of the friendliest (and most fit) people I’ve ever met. Everyone seems to be living for the next big snow storm.

I read somewhere before that all cities speak to us in some way. Each one has a pervasive belief system that influences us.

Boston tells us to be smarter. New York tell us to make more money. And D.C. tells us to be more powerful. If Jackson Hole were to have a message for us, it would most certainly be to get out there and shred more powder. And there’s something to be said about that.

It was sad to leave that kind of place, especially with 24”of snow expected this weekend. But I’m sure I’ll be back. Here’s the video we made of the trip . I hope you like it. We had far too much fun making it.

In case you like the music, the first song is “There’s A Beast And We All Feed It” by Jake Bugg . And the second is “Fitzpleasure” by alt-J . We loved these songs so much that we played them in our gondola rides up the mountain.

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Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.