Historic Downsview Airport to be transformed into community for thousands
Ontario Construction News
AI Article Summary
Toronto's historic Downsview Airport is set for a major redevelopment by Northcrest Developments. The project will transform the 370-acre site into a new community, accommodating up to 115,000 residents and creating 52,000 jobs. The redevelopment is expected to cost approximately $30 billion over 30 years.
What This Means for Canadian Contractors
This project shows how large-scale urban developments can drive major job creation and housing opportunities. For Canadian builders, this means engaging in long-term construction work that may require adaptations in skill sets and project management. The development will likely necessitate substantial coordination in logistics and supply chain management given its scale.
