Ranking for 2013: 90
Specific Sector: Health Care
Range: 0 - $500,000,000
Project Value: $474,000,000
Government Funds Involved: This project is being delivered through a DBFM P3. Short-term financing is provided by National Bank of Canada and the Toronto-Dominion Bank. Equity is being provided by Fengate Capital Management on behalf of LPF Infrastructure Fund, OE Infrastructure Fund, and EllisDon.
Funding Source: P3
Location: Penetanquishene, Ontario
Estimated End Date of Substantial Completion: 2014
The new hospital will replace the existing 160-bed Oak Ridge Facility and the 20-bed Brebeuf Facility, and will consolidate mental health services into a more efficient and integrated complex. The Oak Ridge building was constructed in 1933, and the Brebeuf in 1967. The site had previously held a variety of other mental health, corrections, and military facilities.
The new building will be open for patient care in March 2014 and is expected to achieve LEED-Gold certification.
- Fengate Capital Management
- Morrison Hershfield
- Hidi Rae Consulting Engineers
- Mulvey & Banani International
- Stephenson Engineering Limited