Great-West Life awarded 90 Elgin Redevelopment Project in Ottawa

A targeted LEED(R) Gold landmark on Ottawa's Ceremonial Route

WINNIPEG, May 17, 2011 /CNW/ - The Great-West Life Assurance Company has been awarded the redevelopment of the Lorne Building, a Crown-owned property at 90 Elgin Street in downtown Ottawa. Public Works and Government Services Canada (PWGSC), made the announcement last week. The redevelopment calls for the demolition of the existing eight-storey building which will be replaced by a new 17-storey, Leadership in Energy and Environmental Design (LEED(R)) Gold office building that will be leased by the federal government for 25 years, after which ownership will revert to the Crown. Exterior demolition work is scheduled to commence June 1, with full completion and occupancy by the government scheduled for late 2014.

The development team for the 60,000 m2 building includes: GWL Realty Advisors Inc., a subsidiary of Great-West Life, as development manager; Ron Engineering and Construction (Eastern) Ltd. as design-builder, and DIALOG McRobie Architects as prime consulting architects.

The vision for this property is grounded by several key objectives:

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    -   To integrate the new building within its historic surroundings
        through materials and scale. The development team's care in the
        selection of materials, including natural stone combined with glass
        and aluminum, will resonate with metals and stone displayed in
        adjacent historic buildings. The building is composed in two parts:
        an eight-storey pavilion of monumental scale fronting Elgin Street,
        consistent with other significant federal buildings surrounding
        Confederation Square, integrated with a 17-storey tower to the west,
        responding to the scale of high-rise buildings within the urban core.

    -   To visibly demonstrate sustainable design principles. Consistent with
        PWGSC's ongoing commitment to sustainability, the development is
        targeting LEED(R) Gold certification by the Canada Green Building
        Council. Special sustainable design features include a high-
        performance building envelope, green roofs at all lower levels, a
        living wall within a skylit atrium at the Albert Street entrance,
        generous access to natural light within all workspaces and a six-
        storey exterior green wall bordering the Slater Street plaza.

    -   To enrich the urban quality of the building's surroundings by
        enhancing the pedestrian's experience on Slater and Albert Streets.
        This will be achieved through design for pedestrian scale, provision
        of multiple public building entrance points, easily accessible and
        varied street-fronting retail uses, and the introduction of a
        substantial landscaped public forecourt accessible directly from
        Elgin Street.
    >>

90 Elgin Street is centrally located on an urban site surrounded by iconic and historic landmarks including the National War Monument, the National Arts Centre, the British High Commission, and the Lord Elgin Hotel.

About Great-West Life

The Great-West Life Assurance Company is a leading Canadian insurer, with interests in the life and health insurance, investment, savings and retirement income and reinsurance businesses, primarily in Canada and Europe. Great-West Life has more than $199 billion* in assets under administration and is a subsidiary of Great-West Lifeco Inc., a member of the Power Financial Corporation group of companies.

* as of March 31, 2011

Project information follows:

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    Project Information
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    Gross Building Area       60,000 m2 (above grade)
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    Building Height           17 storeys
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    Parking                   300 underground stalls
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    Land Owner                The Government of Canada
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    Building Owner            The Great-West Life Assurance Company
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    Development Manager       GWL Realty Advisors Inc.
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    Design-Builder            Ron Engineering & Construction (Eastern) Ltd.
    ------------------------------------------------------------------------
    Prime Consulting
     Architects               DIALOG McRobie Architects
    ------------------------------------------------------------------------
    Structural Engineers      Adjeleian Allen Rubeli
    ------------------------------------------------------------------------
    Mech./Elec. Engineers     Goodkey Weedmark & Associates
    ------------------------------------------------------------------------
    Civil Engineers           R.V. Anderson & Associates
    ------------------------------------------------------------------------
    LEED & Sustainability     Morrison Hershfield
    ------------------------------------------------------------------------
    Landscape Architects      James B. Lennox & Associates
    ------------------------------------------------------------------------
    >>

Development Team:

GWL Realty Advisors Inc.

GWL Realty Advisors Inc. is a leading real estate investment advisor providing comprehensive asset, property and development management and other specialized real estate services to pension funds and institutional clients. GWL Realty Advisors Inc. has $12 billion in assets under management and is a wholly-owned subsidiary of The Great-West Life Assurance Company. For more information visit: www.gwlra.com

Ron Engineering and Construction (Eastern) Ltd.

Ron Engineering and Construction (Eastern) Ltd. is a leading Canadian Design Builder, Project Manager, Construction Manager, and General Contractor. Since its inception in 1958, the company has been involved in a diverse range of complex and high profile projects in the commercial, residential, heavy engineering, industrial and institutional sectors, many of which are visible landmarks in the national capital area. For more information visit: www.roneng.com

David S McRobie Architects Inc.

David S McRobie Architects Inc. (DSMA) is an award-winning architectural firm based in Ottawa, Ontario. Founded in 1989, DSMA offers architectural, interior and urban design services for a wide range of commercial, institutional, retail, recreational and transportation projects. For more information visit: www.mcrobie.com

DIALOG

DIALOG has a track record of award-winning collaborative design excellence. Founded by the merged firms of Cohos Evamy + Hotson Bakker Boniface Haden + Mole White Associates + Office for Urbanism, DIALOG is committed to the practice of sustainable design with a focus on the success of clients and communities. Working from studios in Toronto, Calgary, Edmonton and Vancouver, DIALOG credits its strength to its outstanding multidisciplinary team who deliver excellence and a collaborative approach to the provision of architectural, engineering, interior design, planning and urban design services. For more information visit: www.designdialog.ca

/NOTE TO PHOTO EDITORS: A photo accompanying this release is available at http://photos.newswire.ca. Images are free to accredited members of the media/

SOURCE Great-West Life Assurance Company

For further information: Marlene Klassen, APR Assistant Vice-President, Communication Services, 204.946.7705

Profil de l'entreprise

Great-West Life Assurance Company

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