Laing O’Rourke reaches financial close on CAD$2.1bn hospital
Laing O’Rourke has reached financial close on a major Canadian hospital project worth CAD$2.1bn (£1.3bn). CHUM Collectif, a joint venture formed by Laing O’Rourke, Obrascón, Huarte Lain (OHL), Innisfree, and Dalkia Canada, won the design, build, finance and maintain project that includes a new build 21-storey hospital.
The scheme forms part of the Centre Hospitalier de L’Universite de Montreal (“CHUM”) modernisation programme. All of the joint venture partners are investors in the project through a special purpose private finance entity, their roles are as follows:
- Laing O’Rourke and OHL – design and build of the new hospital
- Dalkia Canada – facilities management
- HCP Social Infrastructure Canada – project manager
Roger Robinson, CEO of Canada, Europe and Middle East, Laing O’Rourke said:
“Having made the strategic decision to enter the Canadian market, Laing O’Rourke is delighted that the CHUM Collectif has reached financial close on this prestigious project. Our task is now to utilise our consortium’s global expertise in high quality healthcare infrastructure projects to deliver CHUM’s vision of ‘a facility that focuses on patient-centred care and values innovation, in professional, technological and organisational practices’”.
The new hospital will cover 225,000m2 of floor space and deliver 772 single-bed rooms, together with a new energy centre. The project also includes a 30-year maintenance concession. The first phase of the new hospital is due for completion in 2016. Key advisers to the joint venture are: Investec (finance), Blakes (Legal), Cannon Design and DCYSA (architects) and HH Angus & Associates (mechanical & electrical).
Find out more at Future Health & Care Expo, 3 – 4 October 2011, Business Design Centre, London