Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 209

Ontario's goal is to build 1.5 million new homes by 2031. It is widely understood that we need a lot more housing. But it's a bit of a curious thing, because we do actually have homes available right now. There are developers with standing condominium inventory; landlords with vacant apartments; and many other options. So what is it that we need exactly? A more precise description would be that we need a diverse mixture of more attainable housing.

For this to happen, we're going to need to make some structural changes to the way we deliver new homes. The above image is taken from a recent report by Environmental Defence and Robert Eisenberg (in collaboration with LGA Architectural Partners and SvN Architects + Planners). The report is called the Mid-Rise Manual and it's a comprehensive look at we can and should be doing to unlock more of this housing type.

What I love about this image (and the report) is that it speaks to a very different kind of city than the one we have grown accustomed to in North America. Instead of towers in a sea of low-rise houses, it shows a diversity of building types -- in a way where you could also imagine a diversity of individual home types. This is unequivocally where cities like Toronto and others are headed. It's just a question of how soon we follow the manual.

Click here to download a copy of the report. (There's also a summary report of key takeaways if you're looking for something quick to read.)

So Stripe, the payment-processing company, also has a book publishing division. It's called Stripe Press , and its objective is to publish ideas that support overall business progress. Their latest book is called Boom: Bubbles and the End of Stagnation , and I must say that the website is pretty neat.

Here's what the actual book is about though:

From the Moon landing to the dawning of the atomic age, the decades prior to the 1970s were characterized by the routine invention of transformative technologies at breakneck speed. By comparison, ours is an age of stagnation; of slowing median wage growth, rising inequality, and decelerated scientific discovery. In Boom, Byrne Hobart and Tobias Huber take an inductive approach to this problem. They track some of the most significant breakthroughs of the past 100 years—from the Manhattan Project and the Apollo program to Moore’s law and Bitcoin—and reverse-engineer how transformative progress arises from the same dynamics that govern financial bubbles, bringing together small groups with a unified vision, vast funding, and surprisingly poor accountability. Bubbles, they conclude, aren’t all bad—in fact, they create the ideal conditions for transformative innovation. Integrating insights from economics, philosophy, and history, Boom provides a blueprint for accelerating innovation and a path to unleash a new era of global prosperity.

If you're interested, it comes out on November 19, 2024.

One of the really positive things that is happening in the world of Toronto land use planning is that the minimum scale of development that is permitted as-of-right continues to grow. We've gone from fourplexes to 6-storey apartments, and now we're talking about mid-rise buildings (6-11 storeys) and even some tall buildings (12 storeys or more).

What this ultimately means is being able to build without a rezoning application. That means no site specific negotiation, and no fighting over whether the building should be 32 meters tall or 30.5 meters tall with a 2.4 meter stepback because of shadowing concerns on someone's heritage-designated garden gnome. It means getting under construction sooner.

Here are some of the specific ideas being reviewed :

• Expand the number of streets designated as "Avenues" throughout Toronto (Avenues are a defined term and where we have decided that mid-rise buildings should go)

• New Official Plan policies that would encourage more mid-rise buildings on Avenues

• Eliminate the rear angular plane requirement (currently a mid-rise performance standard); this is expected to produce ~30% more homes in your typical mid-rise development

• Increase as-of-right permitted heights to 6-11 storeys (the city estimates that this will unlock ~61,000 additional homes)

• Introduce "transition zones" between Avenues and low-rise neighborhoods, which could then accommodate things like low-rise towns and apartments up to 4 storeys (it's worth noting that transition zones were initially part of Toronto's mid-rise performance standards but then got removed for some reason)

This is meaningful progress. Let's enact and keep going.