City Councillor James Pasternak has introduced a motion to see the old North York city hall, on Yonge St. turned into a new university campus.
Pasternak would like to see a working group explore the idea before it goes to the city’s economic development committee Tuesday.
He says the knowledge economy is a major driver to the city’s economic future.
The Mel Lastman square complex is a horseshoe of buildings wrapped around a sunken square with a fountain and small river.
The Toronto Centre for the Arts is across the street and is closing down because it's losing $1 million a year and, because Dancap Productions is pulling out.
The Ontario government currently has a moratorium on any new campuses or satellite campuses being built.