Google's parent company is creating an entire high-tech neighborhood in Toronto - here's what it could look like

On Tuesday, Sidewalk Labs - the urban innovation unit of Google parent company Alphabet - announced that it will design a high-tech neighborhood on Toronto's waterfront.

Exact design plans are still unclear, but the company has released preliminary renderings of what it imagines the 12-acre district, called Quayside, could look like.

The city of Toronto and Sidewalk Labs call the larger project "Sidewalk Toronto."

Technology will be a big part of the masterplan, Sidewalk Labs CEO Dan Doctoroff said at a press conference on Tuesday.

"This will not be a place where we deploy technology for its own sake, but rather one where we use emerging digital tools and the latest in urban design to solve big urban challenges in ways that we hope will inspire cities around the world," he said.

Check out the Sidewalk Labs vision for Toronto's Eastern Waterfront below.