Richard Florida the author and upturner of Toronto’s the economy 1st elective and creative classes when he moved to Toronto a year or so ago has posted on his blog the following..
from his blog
Toronto continues to grow taller and denser in and around its core. With 99 new high-rise buildings under construction (second only to New York’s 179 among North American cities) and more than 11,000 new housing unit starts this year, real estate developers are now building as much housing in the center-city as in the suburbs, leading my Globe colleague, John Barber, to pronounce the “age of sprawl has passed.”
On a per capita basis, however, there is currently twice as much high-rise construction in Toronto as there is in New York. On an absolute basis, no other U.S. city is comparable. Chicago has 54 high-rises under construction, Boston has 14 and Atlanta 19.
Toronto is already No. 10 in the ranking of world cities with the most skyscrapers, according to Emporis. Among world cities with more than two million people, it ranks third – behind Hong Kong and Singapore – in most skyscrapers per capita.
Mr Flordia who has succeed in the last five in having the last word in certain areas of creative development may have choosen the right place to move too.
More about Mr Florida
From wikipedia click here to go his wikipedia page
Research and theories
He is best known for his work in developing his concept of the creative class, and its ramifications in urban regeneration. This research was expressed in Florida’s bestselling book The Rise of the Creative Class, Cities and the Creative Class, and The Flight of the Creative Class. A new book, focusing on the issues surrounding urban renewal and talent migration, titled Who’s Your City?, was recently published.
Prof. Florida’s theory asserts that metropolitan regions with high concentrations of high-tech workers, artists, musicians, lesbians and gay men, and a group he describes as “high bohemians“, correlate with a higher level of economic development. Florida posits the theory that the creative class fosters an open, dynamic, personal and professional environment. This environment, in turn, attracts more creative people, as well as businesses and capital. He suggests that attracting and retaining high-quality talent, versus a singular focus on infrastructure projects such as sports stadiums, iconic buildings, and shopping centers, would be a better primary use of a city’s regeneration resources for long-term prosperity.
He has devised his own ranking systems that rate cities by a “Bohemian index,” a “Gay index,” a “diversity index” and similar criteria.