Diffusion tensor imaging (DTI) has emerged as a promising method for noninvasive quantification of myocardial microstructure. However, the origin and behavior of DTI measurements during myocardial normal development and remodeling remain poorly understood. In this work, conventional and bicompartmental DTI in addition to three-dimensional histological correlation were performed in a sheep model of myocardial development from third trimester to postnatal 5-months of age. Comparing the earliest time points in the third trimester to the postnatal 5-months group, the scalar transverse diffusivities preferentially increased in both left ventricle (LV) and right ventricle (RV): secondary eigenvalues D2 increased by 54% (LV) and 36% (RV), whereas tertiary eigenvalue D3 increased by 85% (LV) and 67% (RV). The longitudinal diffusivity D1 changes were small, which lead to a decrease in fractional anisotropy (FA) by 41% (LV) and 33% (RV) in 5-months vs. fetal hearts. Histological analysis suggested that myocardial development is associated with hyperplasia in the early stages of the third trimester followed by myocyte growth in the later stages up to 5-months of age (increased average myocyte width by 198%, myocyte length by 128%, and decreased nucleus density by 70% between preterm and postnatal 5 months hearts.) In few histological samples (N=6), correlations were observed between DTI longitudinal diffusivity and myocyte length (r=0.86, P<0.05), and transverse diffusivity vs. myocyte width (r=0.96, P<0.01). Linear regression analysis showed that transverse diffusivities are more affected by changes in myocyte size and nucleus density changes than longitudinal diffusivity, which is consistent with predictions of classical models of diffusion in porous media. Furthermore, primary and secondary DTI eigenvectors during development changed significantly. Collectively, the findings demonstrate a potential role for DTI to monitor and quantify myocardial development, and potentially cardiac disease.