Bridgepoint Health and Infrastructure Ontario announced today that Plenary Health Bridgepoint (Plenary) is the preferred proponent selected to design, build, finance and maintain the new Bridgepoint Hospital in Toronto, which will replace the existing facility.
Expressly designed to serve people in need of rehabilitation services and living with complex chronic disease and disability, the new hospital will be 10 storeys high, with larger rooms, state-of-the-art space for therapies, a capacity for 472 beds and be approximately 600,000 square feet in size. Additionally, the historic Don Jail will be incorporated into the new site. The interior will be refurbished, preserving its historical significance, into the administrative and education centre for the hospital. It will be open to the public, on a prescribed basis.
“We're closer than ever to seeing work begin on our much needed hospital in Toronto for people living with complex chronic disease and disability,” said Marian Walsh, President and Chief Executive Officer, Bridgepoint Health.
The request for proposals issued in July 2008 resulted in the selection of Plenary as the preferred proponent. The Plenary team includes Plenary Group, HDR Architects/Diamond Schmitt Architects Inc., PCL Constructors Inc., Johnston Controls Inc., Innisfree and RBC Capital Markets.
Following negotiations with Plenary, the project will reach commercial close, which is expected within two months. This will signal that relevant contracts have been signed. The next project milestone, financial close, will follow shortly after commercial close. At this time, a financing rate will be set, the project's cost finalized and funds made available for the project. Project costs will be announced publicly following financial close of the project. Construction is expected to begin shortly thereafter.
Bridgepoint Health, in Toronto, provides patient care, research and teaching in the specialized field of complex chronic disease prevention and management - one of the most important health care challenges of the 21st century. Affiliated with the University of Toronto, Bridgepoint Health includes Bridgepoint Hospital, the Bridgepoint Family Health Team, the Bridgepoint Collaboratory for Research and Innovation, and the Bridgepoint Health Foundation.
Infrastructure Ontario and the Ministry of Health and Long-Term Care are working with Bridgepoint Health to develop the new hospital, which will remain publicly owned, publicly controlled and publicly accountable. Infrastructure Ontario is a Crown corporation dedicated to managing some of the province's larger and more complex infrastructure renewal projects - ensuring they are built on time and on budget.
Visit www.infrastructureontario.ca for more information.
Contacts:
Jessica Hooker
Infrastructure Ontario
416-327-5325
Maureen Buchanan
Bridgepoint Health
416-461-8252 x 2927
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