Historic Niagara Falls power station gets new life as hotel

A building in Niagara Falls that has never been open to the public is undergoing a $200 million renovation.

The Toronto Power Generating Station on the Parkway, which has been vacant for over 50 years, will soon be transformed into a hotel and tourist destination.

The province gave the project the final go-ahead yesterday, November 22nd.

The new hotel will be built on the backside, overlooking the powerful Niagara River, while the original building will be restored, preserved, and opened to the public.

The open room where the generators once stood will be transformed into restaurants, meeting areas, and the front desk for the new hotel. The basement will become a spa.

Pearl Hospitality will fully undertake the $200 million renovation project, as well as build and operate the hotel. They will lease the land from Niagara Parks for $3 million per year for at least 75 years.

David Adames, Niagara Parks CEO, says, “In terms of employment, there will be hundreds of jobs during construction, and when the hotel opens, there will be over 900 jobs.”

Construction will begin next month and is expected to take 3.5 years to complete. Once finished, it will be the only five-star hotel in Niagara Falls.