With the rising cost of housing, aging infrastructure, climate change and disruptive technology at the forefront of urban planning, cities require data-driven tools and expertise to prosper today, and into the future.
To address this challenge, the University of Waterloo recently announced the launch of the Future Cities Institute founded by CAIVAN (FCI), thanks to a transformational gift of $10 million from Waterloo alumni Frank Cairo (BES ’05) and Troy van Haastrecht (BASc ’93), co-founders of one of Canada’s leading real estate developers, Caivan.
“Interdisciplinary research is at the core of building future cities … and realizing sustainable, equitable and resilient cities requires data-driven decision making from a broad range of expertise from mathematical specialists to researchers of transportation and infrastructure,” says Dr. David Del Rey Fernández, assistant professor in the Department of Applied Mathematics. Del Rey Fernández joins the FCI with expertise in developing simulation software to support decision-making.
Read the full story from Waterloo News to learn more.