As Amazon Scraps New York, Alphabet's Toronto Ambitions Swell
- Sidewalk Labs unit wants cut of taxes to speed development
- Project has already been dogged by controversy over privacy
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Sidewalk Labs LLC’s ambitions to build a futuristic city on Toronto’s waterfront have gotten a whole lot bigger -- and perhaps more controversial.
The urban innovation unit of Alphabet Inc. and sister company to Google is proposing to speed up its plans to redevelop 350 derelict acres on the city’s waterfront in return for a cut of property taxes, development charges and increased land values.