Eglinton Crosstown LRT

Rank 2021


Image Credit: Crosslinx Transit Solutions

Industry Sector: Transit

Project Type: LRT

Project Value: $11.996 billion

Funding Source: P3

Provincial Funding: $11.996 billion

Province: Ontario

City / Region: Toronto

Estimated End Date of Substantial Completion: 2022

This light-rail transit line will run along Toronto’s Eglinton Avenue between Mount Dennis (Weston Road) and Kennedy Station. Part of the Government of Ontario’s light-rail transit plan for the city, this 19-kilometre corridor will include an 11-kilometre underground portion between Keele Street and Laird Drive. When running at street level, the line will carry passengers in dedicated right-of-way transit lanes separate from regular traffic with priority signaling at intersections. Travelling at an average speed of 28 km/h, it will link to 54 bus routes, three subway stations, and various GO Transit lines. The capacity of the LRT vehicles is 15,000 passengers per hour per direction, with the flexibility to easily remove or add cars. Projected ridership is 5,400 passengers per hour in the peak direction by 2031.

Steady progress was made across the entire project in 2020 despite a legal battle between owner Metrolinx and the Crosslinx Transit Solutions consortium building the project. In February, it was also announced that the delivery of the completed project would be delayed, shifting the date of substantial completion from September 2021 to sometime in 2022.

Project Owner: Metrolinx

Engineer: Jacobs and 4 Transit (WSP, Hatch, and Parsons) (consulting engineer, technical advisor, construction oversight); AECOM (consulting engineer, preliminary planning/study, design); Wood Group (consulting)

Contractor: Design-Build JV: Aecon Infrastructure Management, Dragados Canada, EllisDon, and SNC-Lavalin Constructors (Pacific)

P3 Team Members/Project Team: DBFM Team—Crosslinx Transit Solutions ACS Infrastructure Canada, Aecon, EllisDon, SNC-Lavalin, and Dragados Canada

Other Key Players: AECOM (consulting engineer, preliminary planning/study, design); Aon (risk advisor); Arup (preliminary design work); BTY Group (independent certifier); Caterpillar; Entro; Entuitive (structural eng. consultant); EY (advising gov’t.); EXP (instrumentation and monitoring); Golder; Hanscomb (preliminary and concept designers’ cost consultant for 7 stations); Infrastructure Ontario; INTECH Risk Management (insurance advisor); McCormick Rankin; Munro (concrete); Obayashi Canada; Kenny Construction; Kenaidan Contracting; Technicore (contractors); URS/Parsons JV (systems design); WSP (program manager and engineer, GIS); CRH Canada (cement supply); Dufferin Construction (prep work); McMillen Jacobs Associates (independent verifier); Mott MacDonald (track design review and tunnel construction management); Englobe (geotechnical studies); CIMA+ (traffic mgmt. and road safety audits); Morrison Hershfield (transit operations and maintenance advisory services); GHD (traffic mgmt., site civil support); AGAT Labs; Comtech (consulting services); Deloitte; Geosolv

Financiers and Banks: National Bank Financial and Scotiabank Global Banking and Markets (underwriters); Alberta Treasury Branches; Caisse Centrale Desjardins; Bank of Nova Scotia; Bank of Tokyo-Mitsubishi UFJ; and Toronto-Dominion Bank (mandate lead arrangers)

Management Consultants: Infrastructure Ontario; Metrolinx; SEG Management Consultants (fairness advisor); EY (transaction advisor); BMO Capital Markets (financial advisor); Aon Risk Solutions (insurance advisor)

Architect Names: Station Architects; IBI Group; NORR Limited Architect & Engineers; DIALOG; Daoust Lestage

Vehicle Supplier Names: Bombardier

Supplier Other: DECAST Ltd. (precast tunnel liner segments); CRH Canada (cement); Canam Group (steel fabricator)

Legal: Blake, Cassels & Graydon (Metrolinx legal advisor); Fasken Martineau DuMoulin (advising lenders to consortium); Borden Ladner Gervais (legal advisor); DLA Piper (Canada); Norton Rose Fulbright

Road or Transit Length (km): 19

Financing Detail: In November 2015, it was announced the total value of the project over 30 years was $9.1 billion, with capital costs at $5.3 billion. Each member of the Crosslinx consortium, including related construction and maintenance affiliates, is an equal partner with a 25-percent interest in the equity, development, construction, and maintenance activities of the project. The project is financed through a mix of private equity, bonds, and loans.

2020 Rank: 5

2019 Rank: 5

2018 Rank: 5

2017 Rank: 4

2016 Rank: 1

2015 Rank: 5

2014 Rank: 5


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