G.R. Can invests $1-billion in ‘Paradise’ – Thundering Waters Secondary Plan

G.R. Can, a group of Chinese investors purchased over 450 acres of land near the Thundering Waters Golf Course. The project coined ‘Paradise’ is an integrated, mixed-use proposal that combines residential developments, rentals, time-shares, commercial and recreational components, education, spa and tourism as well as marina use along the Welland River. The project is the single largest Chinese investment in Canadian history. The announcement came public quickly after the Chinese Government confirmed a $100-million investment in the project. The Thundering Waters Secondary Plan mentions the creation of a dynamic community that provides a range of housing choices, including those for the expanding empty nester market. The plan is “green” and energy efficient, sustainable, respects the natural environment and protects wetlands. It encourages a healthy, active lifestyle “by embracing the outdoors, taking advantage of water on two sides and the golf course next door, and providing new recreational and leisure opportunities.” The plan also mentions a “community core focused on lively pedestrian streets that provide local residents and international tourists with a multicultural setting that includes, world famous restaurants catering to international cuisines, entertainment complexes, boutique shops, health care and wellness services and facilities.” It will provide “recreational, community and commercial facilities that serve the needs of the area and also act as a tourism draw.”

The City of Niagara Falls along with G.R. Can’s groups of consultants are currently working on Phase 1 of the project that includes a variety of studies listed below as well as a draft master plan.

Phase 1 – Studies

• Functional Servicing Study
• Environmental Impact Study
• Transportation Study
• Noise, Air and Vibration Study
• Archeology/Cultural Heritage Study
• Retail Market Study

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