TORONTO, June 7, 2011 /CNW/ - Toronto's new waterfront communities will
be wired with the latest in smart technology infrastructure that will
make them among the most connected in the world.
Waterfront Toronto is partnering with the pioneering telecommunications
firm Beanfield Metroconnect to create Canada's first open-access
ultra-high speed broadband community network. Following a competitive selection process, Waterfront Toronto chose the
Toronto-based firm to build and operate an advanced fibre-optic
broadband network throughout the new waterfront communities.
The open-access ultra-broadband infrastructure will transform the
neighbourhoods into intelligent communities that revolutionize how
residents receive telecommunications services, promote economic growth
and development, and enable innovation.
"Broadband has become essential public infrastructure for 21st century
communities, and the need for faster connections delivered over more
robust networks has been intensifying since the dawn of the Internet
age," said John Campbell, President and CEO of Waterfront Toronto.
"This state-of-the-art network will help us establish a new hub of
innovation and stimulate enduring economic growth to help Toronto
remain competitive with other world-leading cities, such as Seoul,
Stockholm, and Tokyo where similar broadband infrastructures exist or
are now being built."
Every home and business in the new communities will be wired with fibre
and provided with affordable and unlimited access to internet speeds up
to 500 times faster than typical North American residential networks.
The network will also provide full community-wide Wi-Fi service. The
ultra-high speed network will deliver internet connections starting at
100 megabits per second for residential customers and up to 10 gigabits
per second for commercial customers - all at an extraordinarily
competitive cost. At present, broadband of this calibre is not
available for residential users in Toronto, and commercial access is
significantly less affordable in Toronto than in other leading world
"We are a Toronto company, and we are excited to be working with
Waterfront Toronto to build on our waterfront what will be one of the
world's leading community networks," said Dan Armstrong, Founding
Partner, President and CEO of Beanfield Metroconnect. "As the Internet
continues to develop and revolutionize the way people live, work, play
and learn, the tremendous capacity of the network will ensure that
everyone on the waterfront is equipped to both use and potentially
create the web-based technologies and applications of the future."
Waterfront residents and businesses will have the highest performance
internet services in Canada and guaranteed "among the best in the
world" network services for more than a decade. Beanfield Metroconnect
is required to ensure that the network is on par with that of the seven
top global intelligent communities for 10 years beyond when the last
building is built.
"The network is being built without taxpayer dollars," said Campbell.
"Waterfront Toronto has facilitated an arrangement where our private
sector development partners will initially provide the upfront capital
and Beanfield Metroconnect will also invest in building the network."
As part of their monthly condo fees, residents will pay $60 for
unlimited 100 megabit per second internet service, neighbourhood-wide
Wi-Fi, and access to a unique community portal service, which will be
developed to reflect local needs and interests.
The network will be "open-access" and residents and businesses will also
be able to choose from a wide variety of content and service providers
for internet, high-definition and internet protocol television,
telephone, safety and security systems and more.
"This open, robust community-wide infrastructure will make the
waterfront a living laboratory that encourages and supports
innovation," said Campbell. "The network we are building will enable
the development of smart buildings, smart healthcare and smart
education. Plus it can support new applications that promote better
public safety and traffic management."
Beanfield Metroconnect brings significant local knowledge and expertise
to the project. The pioneering company has built and operates a large
fibre-optic network in downtown Toronto that provides service to more
than 200 commercial buildings. It was also instrumental in helping to
build the thriving technology and media hub in Toronto's Liberty
Waterfront Toronto has made major strides in revitalizing Toronto's
waterfront. In addition to building and improving 17 parks and public
spaces, it has finalized development agreements with Great Gulf Group
of Companies, Urban Capital and Hines for private sector projects on
the waterfront, as well as with George Brown College for the
development of their new state-of-the-art campus.
The Governments of Canada and Ontario and the City of Toronto created
Waterfront Toronto to oversee and lead the renewal of Toronto's
waterfront. Public accessibility, design excellence, sustainable
development, economic development and fiscal sustainability are the key
drivers of waterfront revitalization.
SOURCE Waterfront Toronto
For further information:
Michelle Noble, Director of Communications, Waterfront Toronto 647-288-8048 or 416-294-7762, email@example.com