Plenary reaches FC on Centre for Addiction and Mental Health (CAMH) Phase 1 in Toronto
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Infrastructure Ontario (IO) and the Centre for Addiction and Mental Health (CAMH) have announced that the CAMH Phase 1C redevelopment project in Toronto (Canada) has reached financial close.
As we reported in January, the contract was awarded to Plenary Health CAMH and it involves the design, build, finance and maintenance of the project.
The contract is valued at approximately CAD685 million (US$511 million), which reflects the payments made during construction, the substantial completion payment and the monthly service payments before inflation adjustments. This figure does not reflect the total project cost.
The Plenary Health CAMH 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
- site improvements, including parks and green space improvements
Construction will begin in fall 2017 with an expected substantial completion date of spring 2020.
Dr. Catherine Zahn, CEO of CAMH, said:
“This will be the largest and boldest phase of CAMH’s redevelopment project to date. Two light-filled and environmentally friendly buildings will open the doors to our community even wider. They will create dignified spaces for our patients to receive care and support for recovery.”
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