transit line: And Sidewalk's own records mention weekly briefings with all three levels of government, according to The Toronto Star. The Star reported Thursday on Sidewalk Labs' plans to build underground infrastructure and finance a transit line to spur development in the vast Port Lands. Yet lobbying records reveal Google's sister company, Sidewalk Labs, has been communicating frequently with a wide swath of elected representatives and staff. In return, Sidewalk would recoup its investment and make a modest profit from a share of developer fees, increased property taxes and increased land value, the company's CEO said. The revelations left me very highly disturbed because all along the understanding was that this project was for a smart city for the 12 acres, and it's very clear that they want to control the destiny of the Port Lands. Rick Madonik / Toronto Star At city hall, at Queen's Park and on Parliament Hill, government officials said the sprawling project revealed by the Star Thursday evening was not part of their discussions with Sidewalk Labs, which was selected only to plan development on a small, 12-acre plot of land known as Quayside.
(news.financializer.com). As
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