GTA developers tour New York City for land-use and design inspiration
Representatives from GTA builders and developers recently toured New York City as part of the latest Housing Innovation Tour from the Building Industry and Land Development Association (BILD).
Tour participants met with industry experts from speciality fields and explored new housing, innovative use of land, various product types and learned about new sales and marketing strategies – all intended inspire participants for their projects back at home.
Highlights of the three-day tour included visits to:
• Hoboken, NJ’s revitalized waterfront, which included a tour of a former Maxwell Coffee House factory site. There, Toll Brothers and Hoboken Brownstone Company have built a lively neighbourhood with midrises, townhouses, parkland and views of Manhattan along the Hudson River.
• DUMBO (Down Under Manhattan Bridge Overpass) and Domino boroughs in Brooklyn. Both areas are formerly hubs for industry and warehouses, as the Hudson River was once the main transportation artery for coffee, sugar and other goods. Over many years, these neighbourhoods have been converted to luxury residential and mixed-use properties. In fact, DUMBO has become New York City’s fourth-richest community.
• Hudson Yards, NY. A must-visit when in New York City, Hudson Yards is the largest private real estate development in the U.S. by area. Upon completion, 13 of the 16 planned structures on the West Side of Midtown South will sit on a platform built over the West Side Yard, a storage yard for Long Island Rail Road trains. The community is home to more than 100 diverse shops and culinary experiences, offices for leaders in industry, significant public art and dynamic cultural institutions. It is also expected to host more than 55,752 workers on a daily basis. Hudson Yards is seen as a cutting-edge model for the future of so-called smart cities – those that leverage data to monitor and manage urban areas.
“Thanks to our trip sponsors, participants had opportunity to enjoy some of the Big Apple’s many cultural elements by experiencing fine culinary foods, visiting historic A&D Building, neighbourhood walking tours and attending an NHL hockey game,” says BILD President Dave Wilkes.
Tour sponsors comprised: Cassidy & Co., Coast Appliances, Figure3, Fisher Paykel, Maroline Inc., My Design Studio and Spectrum Realty. Tour hosts comprised: George Vallone of Hoboken Brownstone Company; Jack Chui of Douglas Elliman Real Estate & Fortis Property Group; Marina Trejo of Two Trees Development; and Natalie West of Related.
Photos: Mike Suriano, Suriano Design Consultants