The Ford government revealed its plans to revitalize the Ontario place with the help of three private-sector partners. There will be a new outdoor adventure park, an indoor spa, and a year-round concert venue. Before being decommissioned in 2012, the attraction drew more than 2 million people a year to Toronto’s waterfront.
Over the years, there have been speculations of building a waterfront casino for the 155-acre site. But now the Ford is in charge, he rather identifies a private sector partner to help develop the site. There are 3 partners in mind, the Austrian resort developer Therme, the Quebec outdoor recreation firm Écorécréo and a U.S. concert promoter Live Nation.
Therme specializes in building massive indoor saunas which will make a new “all-season destination, officials say. Écorécréo manages aerial adventure courses in Quebec and will be in charge of developing a “family-friendly adventure park”. Finally, Live Nation will make major updates to the existing Budweiser Stage concert area.
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