Quote:
Originally Posted by The New York Lion
NYC has roughly 4 times the amount of 150m skyscrapers as Toronto.
NYC's fundamentals are also extremely strong as the de facto capital of the world and the most powerful nation on the planet.
Toronto passing Chicago would be quite the feat.
For NYC, I hope we reach 100 supertalls.
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I know the figures but the fundamentals in Toronto and the trend lines suggest my forecast isn't pie in the sky. Toronto - Hamilton added 161,089 people 2021-2022. Recent Statistics Canada population growth figures suggest that number has ballooned 2022-2023. Even if we err on the side of caution and assume 150,000 new residents annually, that suggests the current pace of skyscraper construction will continue. The vast majority of newcomers are housed in multi-storey buildings rather than low density sprawl.
Municipalities, developers, and government are under intense pressure to not only maintain the current level of construction but to increase it. Building heights are increasing and 150m+ proposals are now common place due to the economics of high-rise construction here.
This below is from the SSP database. New York's number for U/C and Proposed doesn't look accurate but Toronto is definitely building more than New York. This will continue due to the demographic realities and urban planning policies in Toronto. New York's corporate base, as impressive as it is, can only fuel so much high-rise construction. Most skyscrapers these days are residential not commercial. Places like KL, Dubai, and Toronto prove one doesn't need to be in the most powerful nation in the world to have sky high demand for skyscrapers. One doesn't even need to be close to the most powerful.
# of 150m Buildings Toronto
Built: 93
U/C: 52
Proposed: 331
# of 150m Buildings Chicago
Built: 137
U/C: 2
Proposed: 11
# of 150m Buildings New York
Built: 324
U/C: 9*
Proposed: 54*
When the current slate of buildings U/C top out, Toronto (145) will have supplanted Chicago (139). 2025-2026? Toronto could see its number jump to 450-500 by 2035 .... and miles ahead of Chicago. It may sound outlandish/absurd today but Toronto pulling even with New York by 150m+ buildings looks reasonable considering the data. 100 SuperTalls in New York would be quite something, wouldn't it? That's one area where New York absolutely swamps Toronto. No contest.
Toronto: Toronto, Mississauga, Vaughan, Brampton, Markham, Hamilton
New York: New York, Fort Lee, Guttenberg, Jersey City, New Rochelle, Newark, North Bergen, West New York, Franklin Township, White Plains
https://www150.statcan.gc.ca/t1/tbl1...pid=1710013501