This article was published on October 26th, 2018.
A massive new development project has been unveiled for Niagara Falls, Ontario and it's unlike anything Canada has ever seen before. The development, called Paradise Walk, will transform the Niagara Falls area into a stunning commercial destination that looks exactly like a modern village in Europe.
Paradise Walk will essentially be a huge open square with Europe-inspired architecture. It will be filled with amusement park rides, international restaurants, a boutique hotel, hotel condos, and endless places to shop. The goal is to drive tourism to the area and increase the average overnight stay in Niagara Falls from 1.5 days to 2-3 days.
But wait, it gets better. Paradise Walk will also include a canal dedicated entirely to bars and restaurants with perfectly located patios for all-day sunlight and waterfront views. A beer hall is also in the works for the development's new waterfront.
According to Retail Insider, 15% of the commercial space at Paradise Walk will be for leisure, such as spas and galleries, and another 15% will be for retail shops and boutiques. The rest of the space will be allotted for day-to-day venues such as grocery stores, and of course, all the food and drink options your heart desires. It's also worth mentioning that there will be an entire section dedicated to tea shops.
In addition to the new tourist destination, the development will be home to 3,400 residences, including condos and bungalows. It'll reportedly generate about 3,000 permanent jobs and 10,000 indirect jobs for the Niagara Falls area.
Here's a video of what the massive development will look like when it's built:
The developer, GR Investment Group, says they're hoping to open Paradise Walk to the public in the fall of 2021.
Source: Retail Insider