Alumni support prosperous future cities with $10 million commitment

Monday, April 8, 2024

For Frank Cairo (BES ’05), investing in the future of urban planning isn’t a choice — it’s a necessity.

“We're facing complex challenges. From the rising cost of housing to aging infrastructure and climate change, we need a new generation of leaders to tackle these problems with innovative solutions.”

While the need for expertise and applied tools has never been higher, Frank, along with Troy van Haastrecht (BASc ’93) — co-founders and chief executive officers of The Caivan Group — believe the approach to building future cities must be thoughtful, purposeful and data-driven.

It’s why they’re investing $10 million to launch the Future Cities Institute founded by CAIVAN (FCI) at the University of Waterloo. It’s the first interdisciplinary, donor-funded organization of its kind at the University.