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Construction set to start next year on one of North America's largest redevelopments

Large, mixed-use project at former Downsview Airport in Toronto to have 20- to 30-year buildout
The YZD redevelopment planned for the 370-acre former Downsview Airport lands is projected to add over 35,000 new homes and house 20,000 jobs upon completion. (CoStar)
The YZD redevelopment planned for the 370-acre former Downsview Airport lands is projected to add over 35,000 new homes and house 20,000 jobs upon completion. (CoStar)
CoStar News
April 10, 2026 | 3:44 P.M.

Site preparation at Northcrest Developments' YZD project, touted as the largest redevelopment planned in North America, is underway following last year’s zoning and subdivision approval, and construction on its Hangar District is expected to begin in early 2027.

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News | Construction set to start next year on one of North America's largest redevelopments