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Plenary consortium wins $685m contract for Toronto PPP

The group has reached financial close on a public-private partnership to develop healthcare facilities for Ontario’s mentally ill.

A Plenary Group-led consortium has reached financial close on a $685 million public-private partnership contract to build and redevelop a mental healthcare facility in Toronto.

The Sydney-based developer led the group chosen by Infrastructure Ontario and the Centre for Addiction and Mental Health to design, build, finance and maintain new and renovated patient facilities.

The $685 million price tag for the project represents payments made to the Plenary Health CAMH consortium during construction, as well substantial completion and monthly service payments.

Plenary Health CAMH is responsible for the construction of 655,000 square feet of new build space to service patients with acute mental illness, Plenary said in a statement. The project will include 235 new in-patient beds, ambulatory programs, research and educational facilities and site improvements like parking and outdoor space.

Angela Taylor, the head of Plenary’s buildings division, said the project will deliver a “restorative and welcoming space” for patients, workers and visitors.

Plenary’s consortium, which also included PCL Investments Canada, Stantec Architecture and ENGIE Services, was one of three companies shortlisted for the project last February. It was also one of two, along with ElissDon Infrastructure Healthcare, to submit a bid following a request for proposals.

Construction is expected to begin this fall and reach completion in 2020.

Last October, Plenary Health reached a C$1.3 billion ($991 million; €927 million) financial close on the construction of the Mackenzie Vaughan Hospital in Toronto’s York region.