Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 185

Here's an interesting presentation by Albert Wenger, who is a partner at Union Square Ventures. He starts by showing a logarithmic chart comparing per capita energy consumption and GDP per capita. Then, by way of a clear empty area in the chart's data points, he makes the argument that there's no such thing as a wealthy, low-energy nation. If you're a wealthy country, you consume a lot of energy. That's just how it works. He then goes through a number of historical energy breakthroughs, landing on the point that, today, we are in need of much more energy. In other words, we need another energy breakthrough. We need it because we're still burning fossil fuels and putting too much carbon into the atmosphere, and because we have really big energy needs: everything from data centers to the full electrification of our homes, buildings, and cars. One piece of good news is that we are seeing exponential growth in solar energy. Today, our global install base is still relatively small, but the thing about exponential growth is that it can creep up on you fast.

It's an interesting presentation. And if you'd prefer to read his talk instead, which is/was my preference, you can do that here .

I just read about a popular co-working company in New York called Framework . The concept is super simple. They rent single-person office pods (see above). Each one is sound insulated and has a sitting/standing desk, a filing cabinet, a kettle, a french press, and a small fridge. And at their latest location in Williamsburg, these rent for $820 per month. Their tagline is "your home office away from home" and I think that's a good way of describing the offering. Because let's consider the math.

These pods are 8 feet x 8 feet. So at $820 per month, one would be effectively paying about $12.81 per square foot in rent, which I would assume is significantly higher than average apartment rents in the city. If you take the present value of $820 per month over 25 years at a rate of 5% (to generally simulate mortgage payments), you get close to $140k in value. My point being that if you can afford an additional $820 per month for an office pod, then you could likely afford to rent or buy a home with an additional 64 square feet.

But from what I can tell, that's not necessarily the main problem that Framework is solving. The key words seem to be: "away from home." Home can be distracting for some people and in some situations. If you're trying to get serious work done, I can see why shuttering yourself in a pod would be an attractive solution.

Photo via Framework

Tomorrow is opening day for the 2025 Sundance Film Festival in Park City and Salt Lake City. This year it takes place from January 23 to February 2. For those of you who maybe aren't familiar, Sundance is the largest independent film festival in the US. In 2023, it had 423,234 combined in-person and online viewers, and, last year, it saw 72,840 in-person attendees (in a city with just over 8,000 people). So even though there's an online component, it's still very much an IRL experience.

If any of you have been before, you'll know that it's an awesome time to be in Park City. I have vivid memories of singing Phil Collins in a karaoke Uber. The bars and restaurants are also packed and the sidewalks are overflowing with people. So much so that, this year, Main Street is going to be converted to pedestrian only , which I understand is a first. The urbanist in me was obviously happy to hear this, and I now look forward to seeing it play out on the socials.

If any of you are interested in attending, Parkview Mountain House still has some dates available during the festival. Here's the link .

Cover photo by Kirby Taylor on Unsplash