The Downsview Lands in north Toronto surround Downsview Park, one of Toronto’s largest urban greenspaces. Its five neighbourhoods will be developed over time and will be interconnected, incorporating excellent transit, walking and cycling networks.
Canada Lands’ interests in this site are twofold: first, Downsview Park and second, the planning and development of surrounding lands.
Reimagining the future of Downsview together
The Company is working with Northcrest Developments to plan a large portion of the Downsview lands, a 520-acre sector including the airport, Sheppard and Chesswood districts and a portion of the Allen lands, representing one of the largest redevelopment sites in Toronto. With the airport slated to close in 2023 and the subway extension complete, there’s an important opportunity to revisit the land use and development framework for the Downsview Lands. Northcrest Developments, a subsidiary of the Public Sector Pension Investment Board (PSP), and Canada Lands Company have agreed to work together to create a comprehensive planning framework for the future of the site. Downsview Park will be the heart of the community.
Northcrest and Canada Lands are striving to achieve a future that demonstrates how to build sustainable, resilient, vibrant, healthy and complete communities. A key part of the process will involve working closely with residents and communities, as well as a wide range of public and private stakeholders, through the planning and development process. Canada Lands and Northcrest are committed to the long term, working with the community and respecting the public interest.