Summary
An old airport in Toronto, Canada, called Downsview is being turned into a new city area called YZD. The project will cost $30 billion CAD and aims to focus on sustainability, public transport, and pedestrian-friendly spaces.
Key Facts
- The project will transform Downsview Airport, which closed in 2024, into an urban development called YZD.
- The area will cover 370 acres, equivalent to about 185 downtown city blocks.
- The redevelopment is expected to cost approximately $30 billion CAD (around $22 billion USD).
- The project emphasizes walkability and transit connectivity, with housing and workplaces close to transit, shops, and schools.
- Key features will include a pedestrian-friendly boulevard made from a former runway and over 70 acres of new parks.
- The location is near three subway stations, a commuter rail line, and Canada's busiest highway.
- The development aims for high environmental standards, targeting net-zero emissions by 2040.
- Construction is scheduled to start in 2026, with the initial phase, the Hangar District, expected to finish by 2031.
