VANCOUVER, BC, April 29, 2025 /CNW/ - Canadian proptech company Meton AI has unveiled UNLOCKLAND, an AI platform that promises to revolutionize affordable housing delivery by transforming what CEO Stephen Wong calls "the most uncertain industry" into one governed by clarity, accessibility, and fairness.

Amid Canada's deepening housing crisis, UNLOCKLAND's technology reduces site evaluation time from 10 weeks to just 10 minutes—a breakthrough that enables small and medium-sized developers to compete with industry giants who traditionally monopolize development opportunities through superior resources and expertise.

"Real estate development might be the most experience-dependent and least standardized field in modern business," explains Wong, who founded UNLOCKLAND after witnessing countless viable projects fail due to information barriers. "Over 30% of potential housing projects in North America are abandoned before launch, not because of poor market conditions, but because preliminary analysis costs are prohibitive and risks difficult to quantify."

The platform deploys a sophisticated multi-agent AI architecture where Planning, Design, Market, and Finance Agents collaborate to simulate an experienced development team. Users input an address to receive comprehensive zoning analysis, multiple AI-generated building proposals, financial projections, and risk assessments—all delivered in minutes rather than months.

In a country where housing shortages have reached crisis levels, UNLOCKLAND directly addresses Canada's National Housing Strategy goals by removing barriers that slow affordable housing creation. The platform identifies viable development opportunities often overlooked by traditional methods and reduces planning approval times—two critical factors in accelerating housing supply.

"This technology helps translate policy intentions into built homes," explains Wong. "When municipalities implement zoning reforms aimed at increasing density and affordability, our platform helps ensure these policies actually result in housing on the ground by making implementation transparent and accessible."

Beyond efficiency gains, UNLOCKLAND is fostering improved collaboration between municipalities and developers. Vancouver's planning department is exploring the platform as a front-end service to streamline approvals, potentially reducing the affordable housing delivery timeline by months.

Since launch, the platform has evaluated over 35,000 sites across Canadian cities, with expansion to U.S. and Australian markets underway. By making complex development analysis available to community-based developers and non-profits, UNLOCKLAND is helping create diverse housing options that better reflect neighborhood needs and increase overall affordability.

By democratizing development expertise, UNLOCKLAND aims to create a more inclusive urban landscape where housing solutions emerge from diverse voices rather than just industry incumbents—ultimately helping translate Canada's ambitious housing targets into tangible communities where families can thrive.

SOURCE Meton ai inc