Developers in Toronto have their sights set on converting an old, defunct airport into a thriving urban center.
A developer behind the projecthas called itthe largest of its kind in North America.
Downsview Airport, which encompasses some 370 acres, wasoriginally opened in1929andserved as a Canadian air base during WWII.
© Screenshot: Lucas Ropek/Northcrest Developments
The sitewas sold in 2018 for $635 millionand is now in the process of being reinvented.
Over the coming decades, we will transform these largely undeveloped lands into a series of vibrant neighbourhoods.
Developers also claim that the project will create as many as 40,000 new jobs.
© Northwest Developments
A lot of people have been trying to build new cities lately.
Often, these projects flounder.
The gulf between developers ambitions and executable reality is often too large to bridge.
© Northwest Developments
It also has a more realistic timeline than some of the more quixotic projects announced in recent years.
News from the future, delivered to your present.
It’s looking increasingly unlikely.
