Based in Toronto, Northcrest Developments is a wholly owned subsidiary of Public Sector Pension Investments (PSP), a federal Crown Corporation and one of Canada’s largest pension investment managers. In 2018, PSP purchased the 370-acre Downsview Airport Lands from Bombardier Aerospace and established Northcrest Developments. Over the coming decades, we will transform this former airfield into a series of vibrant neighbourhoods centrally connected by a 2km pedestrian street – the reimagined former runway.
We believe development can and should create positive outcomes for communities and the environment. Working closely with the community, Indigenous Peoples, industry, and non-profit interests, we are shaping our vision. Our aim is for our lands to be home to many, and a global source of inspiration for sustainable, healthy communities.