Contract awarded for Grandview Children’s Centre Redevelopment Project
Date Closed
April 13, 2022
Lead Office
Vancouver
Value
85.30 Million CAD
On April 13, 2022, Infrastructure Ontario (IO) and Grandview Kids awarded a fixed-price contract of C$85.3 million to Children First Consortium to design, build and finance the Grandview Children’s Centre Redevelopment project. Design work on the project will begin in April 2022. Children First Consortium will then mobilize on site in May 2022 and construction will begin in September 2022. Construction is expected to be complete in spring 2024.
The new Grandview Kids headquarters will be a centre of excellence in children’s services, and will include, among others, centre-wide therapy services: occupational therapy, physiotherapy, speech-language pathology, therapeutic recreation, audiology, infant hearing, blind low vision, social work, autism services, and school based rehabilitation services.
McCarthy Tétrault advised the lenders and hedge providers, Royal Bank of Canada, Banco Bilbao Vizcaya Argentaria S.A. New York Branch and Banco Bilbao Vizcaya Argentaria S.A., with a team led by Morgan Troke that included Xinya Wang.
