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Collingwood Terminals
August 24, 2022

Collingwood Terminals to become boutique hotel, event spaces

After a multi-step bidding and selection process that kept council at arm’s length, Town of Collingwood staff are ready to recommend a developer for the Collingwood Terminals building. 

Streetcar Developments Inc. and Dream Unlimited Corp. submitted the top-ranked bid from a shortlist of three developers. Staff will be recommending the Streetcar/Dream proposal to council at a meeting on Aug. 18. 

Details of any of the three proposals have been kept confidential, but the town and proponent released a joint news release stating the Streetcar/Dream plan is to reuse the Terminals by creating a full-service boutique hotel that includes restaurants and events spaces while highlighting the heritage attributes of the Terminals building. 

The plan also includes enhancements to the public space on the spit including a “reimagined Millennium Park.” 

Finally, the developer proposes a new marina building and facilities that “will transform the Collingwood Harbour into a marine destination unmatched on Georgian Bay and beyond.” This part of the plan, according to the town release, will be subject to collaboration with the town, consultation, and future council direction. 

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