Construction to Begin on BC Hospital Redevelopment Projects

VANCOUVER — Balfour Beatty, headquartered in Dallas, announced Monday that it has reached financial close on the $350 million Phase 2 BC Children’s and BC Women’s Redevelopment Project in Vancouver, British Columbia, Canada.

Announced as preferred bidder in January 2014, the public-private partnership (P3) project includes the design, construction, financing and facilities management for a new children’s and women’s acute care center in Vancouver. The second phase is part of a three-phase project that will build the new Teck Acute Care Centre and renovate existing facilities at BC Children’s Hospital and BC Women’s Hospital & Health Centre.

The project’s second phase includes the construction of a neonatal intensive care unit, pediatric intensive care unit, high-risk birthing rooms, medical imaging and procedural suites, a new emergency department, inpatient units, and clinical and education and research space.

“This is a landmark project for Balfour Beatty, our first large health care project in Canada, which establishes our local presence. We are delighted to be working with the Provincial Health Services Authority to deliver and manage this world-class acute care center,” said Andrew McNaughton, Balfour Beatty CEO, in a statement.

Construction services will be delivered through a 50:50 joint venture between Balfour Beatty Construction and Ledcor Group, headquartered in Vancouver. Additionally, Balfour Beatty Communities and Black & McDonald Limited will participate in a 50:50 joint venture to deliver facilities management services over the 30-year concession period, according to Balfour Beatty.

"We are extremely pleased to join with Affinity Partnerships in committing to build the new Teck Acute Care Centre and operate it for the next 30 years," said Scott Lyons, President, Ledcor Special Projects, in a statement. "BC Children’s is known the world over as a leader in children’s health care and its redevelopment is an exciting project for Ledcor, for Vancouver and for British Columbia."

Construction on Phase 2 will begin immediately, according to Balfour Beatty. The project, which totals $680 million, is expected to be completed in June 2017.