Niagara Parks offering two decommissioned power stations up for sale
Published November 9, 2021 at 1:04 pm
Niagara Parks are looking for interested buyers to redevelop two decommissioned power stations that they own.
Up for grabs are the former Toronto Power Generating Station (TPGS) and Ontario Power Company Generating Station (OPGS).
Said the commission in a release, “Niagara Parks is looking to the private sector to re-imagine the future use of one or both of the historic power stations and undertake a design, build (renovate), finance and operate model under a long-term lease agreement.”
The bidding and building proposal for interested takers is now open and will run until June.
Both the TPGS and the OPGS had their ownership transferred to Niagara Park in 2007 and have sat both power-free and vacant since that time.
The TPGS, a designated National Historic Site for architectural significance and impact on industry, operated from 1906 to 1974. The OPGS, not historically designated, operated from 1906 to 1999.
The commission acknowledged that, “Both facilities are in poor condition and undertaking detailed conditional assessment will be part of the identified proponent’s scope.” In other word, you buy it, you better fix it.
(Below are photos of the exterior of the TPGS and the interior of OPGS. Top photo shows how the Niagara Parks Power Station for refurbished for public enjoyment)
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