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YZD Redevelopment Project

Sector: Airport • Location: Toronto, Ontario, Canada

Source: CoStar

Project
Planned

The YZD project is a $30 billion redevelopment of the 370-acre former Downsview Airport lands in Toronto. It is one of North America's largest urban redevelopment projects, planned to include residential zones housing up to 54,000 people with up to 28 million square feet of residential space and 72 acres of park space. Construction work is beginning on the Hangar District, recently approved by Tor

Status
Prospective
Sector
Airport, Residential
Location
Toronto, Ontario, Canada
Updated
22 Jul 2026
Source
CoStar

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Project Information

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The project “YZD Redevelopment Project” is an infrastructure initiative in the Airport sector, located in Toronto, Ontario, Canada. Taiyo aggregates data on it from CoStar.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The YZD project is a $30 billion redevelopment of the 370-acre former Downsview Airport lands in Toronto. It is one of North America's largest urban redevelopment projects, planned to include residential zones housing up to 54,000 people with up to 28 million square feet of residential space and 72 acres of park space. Construction work is beginning on the Hangar District, recently approved by Toronto City Council, with a general contractor to be selected for work starting in early 2026.

Original sector

Mixed-Use

Budget

Location

Country

Canada

State

Ontario

City

Toronto

Source

Source

CoStar

URL

More Details

Record type

Project

Sector

Airport, Residential

Article published date

2025-09-16

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