Inside the $22 billion plan to turn a defunct airport into a booming city

New Photo - Inside the $22 billion plan to turn a defunct airport into a booming city

Inside the $22 billion plan to turn a defunct airport into a booming city


A defunct Canadian airport is set to be transformed into a sprawling community big enough for 83,500 residents. Developers have already begun the process of remodeling Toronto's Downsview Airport, which has been closed since March, after the city council greenlit the plan in May. Northcrest Developments plans to reimagine the 370 acres of land into seven neighborhoods over the next 30 years, which it believes could support 41,500 jobs. And city officials are hoping to expand it even further eventually accommodating a total of 115,000 residents and 52,000 workers in repurposed Downsview once construction is done, according to a draft plan.
Read More >> Full Article on Source: ALPHA MAG
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