Canadian Niagara Hotels Inc. to Build New Hotel Complex Decision brings new
jobs, development and tourists to Niagara Falls
The Ontario Lottery and Gaming Corporation (OLG) has renewed the lease of Casino Niagara at
its current location on Falls Avenue. The lease extension is for an additional 15 years, showing
the Provincial Government's confidence in the future of Niagara Falls. This commitment creates
stability and certainty on which economic development and job creation can be built.
(PRWEB) January 22, 2010 -- Today brings great news for the city of Niagara Falls and the Falls Avenue
Entertainment Complex.
The Ontario Lottery and Gaming Corporation (OLG) has renewed the lease of Casino Niagara at its current
location on Falls Avenue. The lease extension is for an additional 15 years, showing the Provincial Government's
confidence in the future of Niagara Falls. This commitment creates stability and certainty on which economic
development and job creation can be built.
“I am excited that we have this opportunity to bring hospitality & tourism jobs into the much needed private
sector in Niagara Falls”, DiCienzo said.
The 300 room 30 floor Hotel with a Falls view will be the first All-Suites Hotel in the Falls Avenue / Clifton Hill
area.
The New Development will be physically connected to Casino Niagara, the Fallsview Indoor Waterpark, the
Crowne Plaza Fallsview and other Falls Avenue venues including the many restaurants and attractions within the
complex. This addition will bring new customers and growth opportunities to the existing businesses in the
surrounding Niagara area.
“We will be moving quickly and expect to have shovels in the ground this year,” DiCienzo added. The new hotel
is scheduled to open in 2012.
During its construction phase the new development is expected to involve many local construction firms, and
other trade workers. Once complete, the hotel will create 250 direct, permanent full-time hospitality & tourism
related jobs.
Expressing his support for the pro