OLIVER MOORE
URBAN TRANSPORTATION REPORTER
TORONTO
PUBLISHED JANUARY 12, 2018
[...]
"The Mayor's office is aware of Bombardier's plans to shift production away from Downsview," spokesman Don Peat said in a statement.
"We have been in discussions with the provincial and federal governments as to how to protect – and even grow – jobs at Downsview and protect public investments made there over the years."
The local councillor has warned the company that the city would not stand idly by if Bombardier struck a deal with a developer.
"We are committed to doing everything possible to protect our employment lands as they are an integral component to the City's success," Councillor Maria Augimeri wrote recently in a letter to Bombardier CEO Alain Bellemare and a number of politicians. A copy of the letter was obtained by The Globe and Mail.
Rezoning is a politically fraught process. Under the provincial growth plan, Toronto has a city-wide target for jobs and people per hectare. If the city wants to rezone an employment site, it has to demonstrate that doing so will not prevent it from meeting its citywide target.
Mr. Marcil pointed to the increasing density around the Downsview site and the transportation links that have been built, including infrastructure such as a brand-new subway stop, suggesting that some form of mixed-use development could fit there.
"It may make sense from a societal standpoint to use that property for uses other than aircraft manufacturing and testing," said David Tyerman, an analyst with Cormark Securities in Toronto, noting that the land is likely fairly valuable if Bombardier can find a buyer other than the government.
"They're trying to get the cost structure of the company down and [consolidating production at another site] might be a logical way of doing that."
Production at the Downsview site is dedicated to the Q400 turboprop and jets from the group of aircraft dubbed the "Global family." The site employs about 3,500 people and has a runway but is, Mr. Marcil said, far bigger than the company needs. He noted that the company requires access to a runway for operations but doesn't need to own it. [...]