GTA Construction Report staff writer
Vaughan, north of Toronto in York Region, has reported $1.148 billion in building permits in 2016 – “over $3 million invested in our city every day,” mayor Maurizio Bevilacqua said in a statement.
“Not only is our economy thriving, major city building projects are being realized – a downtown core is rising from the ground, a state-of-the-art hospital is under construction and a subway is opening later this year,” Bevilacqua said. “These are just some of the reasons why Vaughan is the place where people want to live, work and play.”
The city says the Vaughan Metropolitan Centre has 179 hectares (442 acres) of development opportunities including:
- 5 million sq. ft. of office space, at minimum;
- 750,000 sq. ft. of retail space;
- 12,000 residential units to be home to 25,000 people;
- Density targets of 200 people and jobs per hectare by 2031; and
- Employment targets of 11,500 jobs of which 5,000 will be new office jobs.
Meanwhile Infrastructure Ontario has awarded Plenary Health a $1.3 billion contract to build the Mackenzie Vaughan hospital, which is expected to be completed in 2020. At its construction peak, there will be more than 600 workers on site.
The Plenary Health team includes:
- Developer: Plenary Group (Canada) Ltd.
- Equity Providers: Plenary Group (Canada) Ltd., PCL Investments Canada Inc.
- Design-build: PCL Constructors Canada Inc.
- Design: Stantec Architecture Ltd.
- Facilities management: Johnson Controls Canada LP
- Financial Advisor: Plenary Group (Canada) Ltd.
