Plenary reaches financial close on CAMH Phase 1C redevelopment project

NewsPlenary reaches financial close on CAMH Phase 1C redevelopment project
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GlobalHealth

03 Mar 2017

Infrastructure Ontario (IO) and the Centre for Addiction and Mental Health (CAMH) have awarded a fixed-price contract to Plenary Health Phase 1C to design, build, finance and maintain the CAMH Phase 1C redevelopment project.

The contract is valued at approximately $685 million, which reflects the payments made during construction, the substantial completion payment and the monthly service payments before inflation adjustments.

The Plenary Health Phase 1C team includes:

  • Developer: Plenary Group (Canada) Ltd. and PCL Investments Canada Inc.
  • Design-Builder: PCL Constructors Canada Inc. (Toronto)
  • Architect: Stantec Architecture Inc.
  • Financial Advisor: Plenary Group (Canada) Ltd.
  • Facility Manager: ENGIE Services Inc.

The redevelopment project will see the construction of two modern buildings along Queen Street West in Toronto featuring inpatient and outpatient services for those most in need: people who are acutely ill as well as those experiencing the most complex forms of mental illness. The project will result in the construction of approximately 655,000 square feet of new build space, which will include:

  • 235 in-patient beds,
  • Ambulatory programs,
  • Relocation of the emergency department to the Queen Street site,
  • Research and educational facilities,
  • Information and resource facilities, and
  • Site improvements, including parks and green space improvements.

 Construction will begin in fall 2017 with an expected substantial completion date of spring 2020.

“Plenary Health is proud to be part of the CAMH Phase 1C redevelopment project which will improve access to leading mental health care and addictions services for Ontarians. We look forward to delivering a restorative and welcoming space for patients, health practitioners and visitors to the facilities,” said Angela Taylor, Group Head – Buildings Division at Plenary.

Stephanie Williamson

Vice President, Corporate Affairs

Contact via email

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