Saturday, November 23, 2024 The Ontario government has approved the Niagara Parks Commission’s (NPC) proposal to transform the historic Toronto Power Generating Station (TPGS) into a luxury five-star boutique hotel, located at the edge of Niagara Falls. This redevelopment is set to create high-quality, sustainable jobs and drive economic growth in the surrounding area. Once completed, the hotel will not only cater to the increasing influx of tourists but will also offer a range of public amenities.
These include expansive indoor and outdoor viewing areas with stunning views of Niagara Falls, as well as a free museum and art gallery showcasing local culture and history. The project is poised to become a major new attraction, enhancing the region’s appeal as a world-class tourist destination. “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.” A $200 million investment from Society Developments, in partnership with Pearle Hospitality, will transform the long-abandoned hydroelectric power generating station into Niagara Region’s first and only five-star hotel. After sitting vacant for five.
