February 6, 2012
The Atlantis event pavilion at Ontario Place, on Toronto’s waterfront, will remain open while the tourist attraction is closed, until 2017, for redevelopment.
Last week, the Ontario government announced that it will shutter the Toronto facility for five years because the facility had not been turning a profit.
“We’re losing money, we are subsidizing it $20-million a year and we need to redevelop the site so it’s more accessible for families, more accessible for the entire community,” said Finance Minister Dwight Duncan at the press conference announcing the redevelopment of Ontario Place.
The water park, amusement rides and the Cinesphere will close until 2017 while the attraction is redeveloped. In addition to Atlantis, the only attractions that will remain open are the Molson Amphitheatre and the marina.
Opened in 1971, Ontario Place has seen attendance dip to 563,000, in 2011, from a high of 2.5-million visitors.
Visit Atlantis pavilion’s site