Niagara Falls, New York / Ontario

Niagara Falls Ontario lies on the banks of the Niagara River in Southern Ontario and cross from Niagara Falls, New York. The Niagara River flows over the internationally famous Niagara Falls, which attracts millions of visitors each year. In 2017, the population of Niagara Falls, New York was 48,460. In Niagara Falls, Ontario the population was 88,071 in 2016 (Source: U.S. Census Bureau, Statistics Canada).

Investment Focus:

  • Mixed-Use Urban Adaptive Reuse and Infill
  • Hospitality
  • PPP
  • Tourism Assets
  • Transit Oriented Multifamily
  • Residential

In the early to mid-20th century hydroelectric power from the Niagara River attracted the chemical and metals industries. In the late 1970s and 80s much of those industries left because of an economic recession and global competition. Tourism became the city’s most important revenue source. The Ontario provincial government introduced gaming to the local economy in the mid-1990s. This encouraged an economic boom in the late 1990s as numerous luxury hotels and tourist attractions were built. A second casino, Niagara Fallsview, opened in 2004. Ontario continues to be a popular destination for Americans.