Ontario Construction News staff writer
Plans to turn the Toronto Power Generating Station in Niagara Falls into a five-star boutique hotel have been approved.
The new attraction will include amenities such as a theatre, restaurants, indoor and outdoor public viewing areas and a free museum and art gallery.
“This transformative investment to restore and reimagine the Toronto Power Generating Station is welcome news for Niagara,” said Sam Oosterhoff, MPP for Niagara West. “The restoration of this historic monument to our region’s legacy of energy innovation is part of our government’s plan to support Niagara as a key tourist destination, not only attracting visitors from coast to coast in North America, but from around the globe.”
Funded entirely by Society Developments in collaboration with Pearle Hospitality, the $200-million redevelopment of the historic hydroelectric power generating station that has been vacant for fifty years.
“Niagara Falls offers a one-of-a-kind opportunity for travellers from across the world, and our government believes in its potential as an economic driver for Niagara,” said Stan Cho, Minister of Tourism, Culture and Gaming. “We are proud to support the transformation of the Toronto Power Generating Station into a spectacular hotel that will create a world-class experience for all visitors, helping the region grow as a top-tier international tourist destination.”
The Niagara Parks Commission will retain ownership of the property.
“This project will be transformational for hospitality in Niagara Falls and for all of Niagara,” said Jim Diodati, Mayor of Niagara Falls.
“It will expand and elevate our offering exponentially and will provide a unique and unparalleled opportunity to experience the natural wonder of the falls.
“Coupled with our culture of service and hospitality, we know we are about to witness the next steps in our evolution here in Niagara Falls come to life.”