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St. Joseph’s Health Care reaches financial close for Phase 1 Project

Date Closed

May 9, 2007

Lead Office

Toronto

Value

32.20 Million CAD

On May 9, 2007, the St. Joseph’s Health Care, London, with its co-sponsor Infrastructure Ontario, reached financial close with D. Grant & Sons Limited and their lenders, Royal Bank of Canada, for the construction and financing of St. Joseph’s Health Care, London’s Phase 1 Project - Grosvenor Site. This Project consists of significant renovations to the existing Hospital’s infrastructure. The value of the contract is $32 million.

The St. Joseph’s Health Care, London project is a hospital infrastructure project under the Ontario government’s five year $30 billion public infrastructure investment plan.

McCarthy Tétrault advised Infrastructure Ontario and St. Joseph's Health Care with a team led by Gordon Willcocks.

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