The city of Toronto has rejected Centennial College’s proposal to redevelop the historic Guild Inn in Scarborough.
In 2008, the college had proposed to build a 120-room hotel with plans to restore the Bickford residence. The two-phase project also included adding a restaurant, banquet facility and spa.
Earlier this year, Centennial stated they would be unable to carry on with the original plan due to a slowing global economy and presented a new proposal. Centennial’s development consultant, Pannell Kerr Foster, suggested a senior-friendly condominium building would allow the college to meet its financial obligations needed to restore the Bickford residence. Continue reading