Toronto City Council has unanimously approved the Hangar District. The mixed-use project will become the first and largest neighbourhood within the 370-acre former Downsview Airport lands, now being redeveloped as YZD.

Northcrest Developments is transforming this former airfield into a series of vibrant neighbourhoods centrally connected by a two-kilometre runway that will be repurposed as a pedestrianized open space for community-led initiatives and parks. The community is part of a larger planned project with Canada Lands.

The district, at nearly 100 acres, is set to create more than 3,000 new homes (40 per cent having two- and three-bedroom units) arts and culture hubs, a local shuttle service, green space and a new bridge to Downsview Park.

The existing airplane hangars will be maintained and repurposed for commercial purposes.

The first phase encompasses 2.2 million square feet of residential gross floor area,1.5 million square feet of retrofitted Hangar space and 3 million square feet of space dedicated to employment, retail, culture and entertainment.