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Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 962

The Future of Hamilton

  • Adaptive-reuse
  • Bisnow
  • Core-urban

As many of you know, we have a development project in Hamilton, Ontario  – more specifically in the Corktown neighborhood. We filed our development application earlier this summer.

Because of this I was invited to participate in a Bisnow event on The Future of Hamilton . It takes place the morning of Wednesday, September 12, 2018 in The Alley by Core Urban . I walked this space last summer while it was under construction and so I’m excited to see it finished.

For those of you who aren’t familiar with Core Urban , they are doing some really great work in Hamilton and have established themselves as a responsible city builder with a focus on adaptive reuse projects.

Steve Kulakowsky, who is co-owner of Core Urban, will be speaking at the event along with the mayor, some guy who has pretentiously included his middle name, and many other smart people. To see the full list of speakers and to buy a ticket, click here .

Photo of Hamilton by Vivek Trivedi on Unsplash

Economies of scale in the car and housing industries

  • Affordable-housing
  • Car-affordability
  • Car-industry

Over the weekend I watched this interview discussion between Elon Musk and Marques Brownlee. If it doesn’t show up below, you can find the video here .

[youtube https://www.youtube.com/watch?v=MevKTPN4ozw&w=560&h=315]

Elon figures that if Tesla works really hard they could probably come out with a USD 25,000 car in about three years. The key to that affordability is twofold: (1) design & technology improvements and (2) scale. 

So part of the answer is just time. As design and engineering iterations continue to take place, the components will become better and cheaper, just as they have for things like cell phones. Elon estimates that we’re in the 30th iteration of the cell phone today.

But the second factor is simply volume. And that got me thinking about housing production and the similar importance of scale and density . We do a lot to limit volume, despite saying we want more affordable housing.

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