A long-neglected heritage site located in Scarborough’s Guildwood Village is being brought back to life.
The Guild Inn is to be restored through a jointly funded project between the City of Toronto and the Dynamic Hospitality and Entertainment Group. The newly renovated Inn will operate as a venue for social and business events, says Mike Williams, Toronto’s general manager of economic development and culture division.
“With all of the rehabilitation and everything else, it is going to be in the range of $16 million,” said Mike Williams. “It’s not just the building, it includes services and utilities, etc.”
About $5 million dollars of funding will come from the the city, and the Dynamic Hospitality and Entertainment Group will carry the rest of the bill.
According to the building’s website, The Guild Inn is a historic hotel, built in 1914. It was sold to a couple, who then transformed it into an artistic museum.
In 1978, the Guild of All Arts was sold to the Toronto and Region Conservation Authority. Since then, the Inn’s popularity has declined, along with the state of its physical structure.
According to Dynamic Hospitality and Entertainment Group’s website, the revitalized hotel will be used to host events such as corporate galas, product launches, weddings and other social affairs.