JD Development Group
Joins Mayor Frank Scarpitti's Annual Luncheon
to Welcome Markham's New IndyCar Home
Novemeber, 2025
JD Development group joins frank scarpitti's annual luncheon to welcome markham's new indycar home
collaborating with industry leaders to shape the future of innovation, growth, and community
(Read Time 4 minutes)
Markham, Ontario – Ontario's New Home for IndyCar Racing
On November 6, 2025, JD Development Group had the honour of attending Mayor Frank Scarpitti's Annual Business Address Luncheon in Markham. The event brought together influential leaders from across real estate, technology, education, and finance to discuss the city's evolving role as a hub of innovation and investment.
During his keynote address, Mayor Scarpitti highlighted Markham's continued leadership in artificial intelligence, technology, higher education, and cultural development. He also announced a defining new chapter for the city – the Ontario Honda Dealers IndyCar Grand Prix will officially move to Markham Centre under a multi-year agreement beginning in 2026.
This milestone positions Markham as Ontario's exclusive host city for the world-renowned IndyCar Series, expected to welcome more than 150,000 spectators and generate tens of millions of dollars in economic activity for the region.
A New Home. A New Track. A New Opportunity.
According to the official plans, the new Markham circuit will be located within the eastern precinct of Markham Centre, bordered by Kennedy Road, Enterprise Boulevard, Highway 407, and the Unionville Go station.
The 3.52-kilometer (2.19-mile) circuit will feature 12 turns, a dual-sided pit lane, and high-speed straightways – all designed by world-renowned track architect Tony Cotman of NZR Consulting.
As a city with a proud sporting history and a proven infrastructure from events such as the 2015 Pan Am Games, Markham is uniquely positioned to host an event of this magnitude. The race will not only celebrate engineering and athletic excellence but also reinforce Markham's growing reputation as a world-class destination for innovation and entertainment.
JD and Markham: Growing Together
As a Markham-based developer, JD Development Group has always been dedicated to shaping communities that combine quality, sustainability, and forward-thinking design.
"We are truly excited to witness this historic moment for Markham," said julia zhang, ceo of jd development group. "the spirit of motorsport – speed, innovation, and collaboration – perfectly aligns with jd's philosophy of building forward-thinking and resilient cities. we will continue to drive innovation and sustainability to support makham's long-term growth."
JD's flagship local project, The Markdale Townhome Community, is situated within the growing corridor surrounding the future IndyCar circuit. As new infrastructure and investment flow into the district, the area is poised to become a vibrant hub of urban living, economic opportunity, and community connection.
Beyond Racing: Driving Growth and Opportunity
The IndyCar Series stands among North America's most prestigious open-wheel racing competitions, alongside Formula 1. Beyond the thrill of speed and precision, it is a proven engine for economic growth – driving tourism, hospitality, and business engagement.
By welcoming IndyCar, Markham will not only enhance its global visibility but also attract new investment, skilled professionals, and infrastructure renewal. The surrounding communities are expected to benefit from increased property values, improved amenities, and renewed vibrancy as the area evolves into one of Ontario's most dynamic new urban landmarks.
Building the Future Together
JD Development Group is proud to play a role in shaping Markham's next chapter. Through real estate development, innovation, and community partnership, JD remains committed to fostering a more sustainable, connected, and prosperous future for all who live and work in the city.
JD Development Group
A Better Way of Living
