The London Health Sciences Centre and St. Joseph's Health Care, London projects reach financial close



    LONDON, ON, June 18 /CNW/ - Infrastructure Ontario, London Health
Sciences Centre and St. Joseph's Health Care, London, announced that the
hospitals and EllisDon Corporation have achieved financial close to build and
finance their redevelopment projects. Financial close signals that all
contractual steps have been completed and construction is set to begin to
renovate and expand the two hospitals.

    
    The two projects include:

    -   The St. Joseph's Health Care, London project is Phase 2 of ambulatory
        care renovations at St. Joseph's Hospital to provide 112,000 square
        feet of renovated space for services in:
        -  endoscopy;
        -  city-wide ophthalmology (which will be transferring from London
           Health Sciences Centre);
        -  ear, nose and throat;
        -  ambulatory gynaecology; and
        -  diabetes/endocrinology.

    -   The London Health Sciences Centre project involves construction of
        approximately 465,000 square feet of shelled-in space in the North
        Tower at Victoria Hospital for new, state-of-the-art facilities. In
        addition, approximately 100,000 square feet of the existing
        facilities will be renovated. The finished space will increase
        capacity by approximately 90 beds in this phase and accommodate:
        -  a new clinic, inpatient and administrative areas for Children's
           Hospital;
        -  women's care, including a new birthing centre and neonatal
           intensive care program (being transferred from St. Joseph's
           Hospital);
        -  child, adolescent and adult inpatient and outpatient mental health
           care;
        -  adult medical/surgical inpatient care; and
        -  specialized clinical laboratories.

        Additional space will be provided for:
        -  diagnostic radiology and nuclear imaging services;
        -  a 350-seat auditorium with associated teaching facilities; and
        -  support space, including a cafeteria.

        The project team, led by EllisDon Corporation., includes financing
        for the St. Joseph's Health Care, London project arranged by the
        Pacific & Western Bank of Canada. Financing for the London Health
        Sciences Centre project will be arranged by:
        -  The Bank of Nova Scotia (Lender's Agent)
        -  Canadian Imperial Bank of Commerce
        -  Manulife Financial
        -  The Toronto-Dominion Bank
        -  Pacific & Western Bank of Canada
    

    The contracts commit EllisDon Corporation to build and finance the London
Health Sciences Centre project for $211.8 million and the St. Joseph's Health
Care, London project for $49.2 million. The contracts guarantee fixed prices
and fixed delivery dates for the redevelopment of the hospitals. The
provincial government will fund 90 per cent of eligible construction costs.
    EllisDon Corporation has begun to mobilize equipment on both sites.
Construction at St. Joseph's Hospital is expected to be complete in summer
2010 and construction at London Health Sciences Centre is expected to be
complete in early 2011. At the peak of construction, over 300 workers will be
on site daily at London Health Sciences Centre and over 100 workers will be on
site daily at St. Joseph's Hospital.
    "Hospitals are one of the pillars of our communities," said David Caplan,
Minister of Public Infrastructure Renewal. "This project is part of the
government's five-year $30-billion-plus infrastructure investment plan, which
represents the biggest investment in health care infrastructure in more than a
generation."
    "Reaching this milestone is an exciting time for the London community,"
said Chris Bentley, MPP London West. "Our vision of having state-of-the-art
health care facilities is beginning to take shape and become reality for
residents of London."
    "We're very pleased to have reached financial close," said Cliff Nordal,
President and CEO of London Health Sciences Centre and President and CEO of
St. Joseph's Health Care, London. "Reaching this milestone brings us one step
closer to completing projects that will provide our patients with the best
facilities that we can offer, along with the exceptional care they already
receive."
    "I'm pleased to see the construction of this project get underway," said
Derek Smith, Executive Director of the London & District Construction
Association. "This is a significant project for everyone in the London region,
and I know that our member companies and their local employees are looking
forward to the opportunity to be involved."
    Infrastructure Ontario is working with London Health Sciences Centre and
St. Joseph's Health Care, London to redevelop the hospitals, which will remain
publicly owned, publicly controlled and publicly accountable. Infrastructure
Ontario is a Crown corporation dedicated to managing some of the province's
larger and more complex infrastructure renewal projects - ensuring they are
built on time and on budget.
    This project is guided by principles outlined in the Province's Building
a Better Tomorrow framework, which ensures public ownership of core assets
such as hospitals, schools, and water and wastewater facilities.
    Visit www.infrastructureontario.ca for more information.

    Disponible en français


    Backgrounder

    
                        London Health Sciences Centre
    

    Located in London, Ontario, London Health Sciences Centre (LHSC) has
three sites: South Street Hospital, University Hospital and Victoria Hospital;
two family medical centres; and the London Regional Cancer Program. LHSC is
the home of Children's Hospital and Canadian Surgical Technologies & Advanced
Robotics (CSTAR). LHSC is affiliated with the University of Western Ontario.
    LHSC's almost 9,000 physicians and staff provided care for more than one
million patient visits last year, including 140,000 emergency visits, 800,000
outpatient visits and 40,000 inpatient visits.

    North Tower Fit-Out and Renovations

    LHSC's redevelopment project will consolidate all patient care and
teaching services at the University and Victoria Hospitals, allowing for the
closure of the aged South Street Hospital.
    The project will involve the completion of approximately 465,000 square
feet of shelled-in space in the North tower at Victoria Hospital that will
provide new, state-of-the-art facilities, as well as approximately 100,000
square feet of renovations to the existing facilities.

    
    The finished space will accommodate:

    -   a new clinic and inpatient and administrative areas for paediatric
        care
    -   women's care, including a new birthing centre (which will be
        transferred from St. Joseph's Health Care, London)
    -   child, adolescent and adult inpatient and outpatient mental health
        care
    -   adult medical/surgical inpatient care
    -   specialized clinical laboratories

    Additional space will also be provided for:

    -   diagnostic radiology and nuclear imaging
    -   a 350-seat auditorium with associated teaching facilities
    -   support space, including a cafeteria

    Construction is expected to begin in summer 2008. This project will run
concurrently with Phase Two of the Ambulatory Care Renovations at St. Joseph's
Health Care, London.


    Backgrounder

                       St. Joseph's Health Care, London
    

    St. Joseph's Health Care, London (SJHC) is a patient care, teaching and
research centre comprised of St. Joseph's Hospital, Parkwood Hospital, Mount
Hope Centre for Long Term Care, Regional Mental Health Care, London and
Regional Mental Health Care, St. Thomas. SJHC provides acute ambulatory care,
rehabilitation, specialized mental health care, care of the elderly and
complex continuing care.
    The St. Joseph's Health Care, London redevelopment project is
multi-phased, consisting of three significant renovations to existing
buildings. Phases one and two are in development. Phase three is scheduled to
commence in early 2009.

    St. Joseph's Hospital Ambulatory Care Renovations, Phase Two
    ------------------------------------------------------------
    Phase two involves the development of approximately 112,000 square feet
of renovated space and 4,000 square feet of new space. These renovations will
provide new space for the following services:

    
    -   endoscopy
    -   city-wide ophthalmology services (which will be transferred from
        London Health Sciences Centre to SJHC)
    -   ear, nose & throat
    -   ambulatory gynecology
    -   diabetes/endocrinology
    

    Construction of Phase Two is expected to begin in summer 2008. This phase
of the project will run concurrently with a project at London Health Sciences
Centre.





For further information:

For further information: Amy Tang, Minister's Office, Public
Infrastructure Renewal, (416) 325-4048; Jessica Hooker, Infrastructure
Ontario, (416) 327-5325; Judie Havers, London Health Sciences Centre, (519)
685-8500 ext. 58738; Kelly Almond, St. Joseph's Health Care, London, (519)
646-6100 ext. 64791


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