CIBC Pan Am and Parapan Am Athletes’ Village

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Image Credit: Infrastructure Ontario

Ranking for 2014: 81

Industry Sector: Public Building

Specific Sector: Social

Range: $500,000,000 - $1 billion

Project Value: $514,000,000

Government Funds Involved: The fixed-price contract between Dundee Kilmer and the Province of Ontario is for $514 million, and will be paid in stages at significant construction milestones to ensure the project’s on-time and on-budget delivery. The province will recover approximately $65 million in development costs from future facility operators, for a total net provincial outlay of about $449 million.

Funding Source: P3

Location: Toronto, Ontario

Estimated End Date of Substantial Completion: 2015


The Toronto 2015 Pan Am Athletes’ Village is being constructed on an 80-acre site next to the Don River in Toronto’s West Don Lands. During the games, the village will be home to up to 10,000 athletes, coaches, and team officials; attract 250,000 tourists; and create approximately 5,200 jobs across the Greater Toronto Area. It will incorporate a full range of conveniences and amenities. After the Games, the Village area will become the Canary District, a mixed-use, inclusive, and pedestrian-friendly riverside community that will include market condos and townhomes as well as affordable housing, a new YMCA, and a George Brown College student residence.

Construction has continued this year since the topping-off ceremony in December 2013. The project was nearing completion by the end of 2014, and the village will be ready to turn over to the organizing committee in early 2015.

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