The City of Toronto has signed a multiyear agreement with Aurigo Software to streamline its annual $1 billion investment in real estate capital initiatives. These funds are critical for maintaining and expanding essential services such as fire stations, shelters, community centers, and public libraries used daily by residents. The partnership aims to ensure efficient and transparent use of public resources on a large scale.
Aurigo Masterworks will act as the primary platform for overseeing Toronto’s capital real estate projects. The system offers advanced tools for portfolio management, including prioritizing initiatives, allocating funding, and identifying potential risks. It also includes robust reporting functions to keep all stakeholders informed. The platform is designed to manage the full lifecycle of capital investments, from initial planning to final delivery, all within a centralized system.
With real-time dashboards and analytics, senior leaders, program managers, and project teams will be able to track progress, evaluate performance, and make data-driven decisions. The platform emphasizes transparency, strong governance, and effective oversight of public assets. By providing a single source of truth, it supports better coordination and accountability across the organization. Additionally, the system supports multi-year capital planning, scenario analysis, and program and project management, allowing the city to adapt to shifting priorities and constraints.
Toronto manages one of the most extensive and complex real estate portfolios in Canada. Handling billions of dollars in annual capital investments requires a robust and scalable solution. Aurigo’s CEO, Balaji Sreenivasan, emphasized that the software helps the city identify risks early, before they escalate into major issues that are costly and time-consuming to address. Proactive risk detection is a core feature of the platform.
Aurigo Masterworks is a central element of Toronto’s Corporate Real Estate Management (CREM) future-state model. This model integrates asset planning, capital investment decisions, and project delivery with financial oversight. The platform supports a unified, data-driven approach to managing public infrastructure, ensuring better decision-making and project outcomes. As part of the broader Enterprise Asset Management and Capital Planning and Delivery Framework, the system aligns asset and capital planning, capital investment decisions, and project delivery with financial stewardship, enabling an optimized lifecycle management process.
Aurigo Software has seen growing interest from public sector agencies seeking to modernize their capital project management using AI-powered platforms. Across North America, the Masterworks platform is already in use by cities such as Philadelphia, Seattle, and Sacramento, as well as Toronto. In Ontario, notable adopters include York Region and the Ontario Ministry of Transportation.
The platform has already been deployed in the management of over $450 billion in capital programs and more than 40,000 projects across North America. Aurigo is a private corporation based in Austin, Texas, with offices in Canada, South Africa, and India. As more public entities look to improve efficiency and decision-making, the platform’s influence is set to expand significantly. Aurigo builds software that helps build the world, connecting planning, construction, and operations in a single environment to improve decision-making and execution for more than 300 organizations across infrastructure and facilities.