Alphabet’s dream of a smart city in Toronto is over

The offices of Alphabet's Sidewalk Labs ‘smart city’ after the company announced it has pulled out of its project due to economic uncertainty in Toronto, Ontario, Canada. Sidewalk Labs LLC, Alphabet’s urban innovation unit and sister to Google, is shelving its plan to build an urban digital neighbourhood due to unprecedented economic uncertainty globally and in the Toronto real estate market, Doctoroff said in a blog post. — Reuters

Alphabet Inc’s ambitious dream to create a city of the future on Toronto’s waterfront is over.

Millions of dollars and years of lobbying weren’t enough, and the tech giant’s urban planning unit, Sidewalk Labs, officially shuttered the project on Thursday.