Construction begins to turn Niagara Falls power station into luxury hotel
A C$350 million redevelopment project will transform the historic Toronto Power Generating Station into a five-star hotel by 2029.
Construction has started on a C$350 million project to transform the historic Toronto Power Generating Station into a five-star hotel, according to the Times of India. The facility, located on the upper Niagara River, was built in 1906 and stopped generating electricity in February 1974.
Niagara Parks held a groundbreaking ceremony on November 12, 2026, attended by project partners and Ontario Minister of Tourism, Culture and Gaming Zee Hamid. The redevelopment is being funded by Toronto Power Hotel Inc.
Society Developments is leading the construction, while Pearle Hospitality will manage and operate the property. Deltera Contracting Inc., part of the Tridel Group of Companies, has been appointed as the general contractor.
The hotel will feature four to five restaurants, an art gallery, a museum, multiple event spaces, and a wellness and social spa. The project is expected to create up to 900 jobs in the region.
Designed by E.J. Lennox in the Beaux-Arts style, the building was designated a National Historic Site in 1983. The redevelopment is anticipated to reach substantial completion in 2029.