Toronto Rehabilitation Institute's redevelopment project reaches financial close



    TORONTO, Aug. 19 /CNW/ - The Toronto Rehabilitation Institute and
Infrastructure Ontario announced today that financial close has been achieved
with Aecon Buildings, a division of Aecon Group Inc. (Aecon), for the
University Centre redevelopment project. Financial close signals that all
contractual steps have been completed and construction can begin.

    
    The University Centre capital redevelopment project includes:
    -   constructing a new 13-storey patient care and research tower
    -   further renovations to the existing 12-storey east wing and
        four-storey north wing
    -   new research space and dedicated education space
    -   moving the hospital's Geriatric and Neuro Rehabilitation Programs
        into custom designed clinical space
    -   moving the hospital's Musculoskeletal Rehabilitation Program into new
        patient care facilities at the University Centre and closing its
        Hillcrest Centre
    -   a new, more accessible entrance for patients and visitors
    

    The project team, led by Aecon, includes financing arranged by
Stonebridge Financial Corporation. Aecon signed a contract with the hospital
to build and finance the redevelopment project for $112.1 million. The
contract guarantees a fixed price and fixed completion date. Aecon has begun
to mobilize equipment on site. Construction is expected to be completed in
fall 2011. At the peak of construction, more than 150 workers will be on site
daily.
    The expansion project will provide facilities designed specifically for
adults undergoing rehabilitation for serious injury and illness including
stroke, brain injury, multiple trauma and cancer. The project will also
accommodate Toronto Rehab's new iDAPT (Intelligent Design for Adaptation,
Participation and Technology) research facility. iDAPT is one of the world's
most advanced rehabilitation facilities and will change the landscape of
rehabilitation research.
    "Hospitals are one of the pillars in our communities," said George
Smitherman, Deputy Premier and Minister of Energy and Infrastructure. "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."
    "Renewing our hospitals is an essential part of ensuring quality health
care for Ontario's future," said David Caplan, Minister of Health and
Long-Term Care. "In addition to enhancing rehabilitative care, this project
will provide important training and research opportunities for our health care
workers of today and tomorrow."
    "We are now another step closer to creating one of the most advanced
rehabilitation hospitals in Canada," said Mark Rochon, President and CEO of
Toronto Rehab. "Our redeveloped facilities will enable us to better meet the
needs of patients as well as our acclaimed research and innovative education
programs."
    Toronto Rehab is at the forefront of one of the most important and
emerging frontiers in health care today - rehabilitation science. As a fully
affiliated teaching and research hospital of the University of Toronto,
Toronto Rehab is Canada's largest academic provider of adult rehabilitation
services, complex continuing care and long-term care.

    Infrastructure Ontario is working with Toronto Rehab and the Ministry of
Health and Long-Term Care to redevelop the hospital, which will remain
publicly owned, publicly controlled and publicly accountable.
    Visit www.infrastructureontario.ca for more information.

    Disponible en français


    Backgrounder

    
                       Toronto Rehabilitation Institute
    

    Created in 1998, the Toronto Rehabilitation Institute (Toronto Rehab) is
the largest academic adult rehabilitation, complex continuing care and
long-term care hospital in Canada. It is a specialized teaching and research
hospital, fully affiliated with the University of Toronto, training health
care professionals in all areas of rehabilitation and complex continuing care.
The institute is comprised of six sites in Toronto and employs 1,700 people
and benefits from the support of more than 400 volunteers.
    The redevelopment project at the University Centre site will consist of a
revitalized University Centre, transforming the former acute care facility
into a state-of-the-art rehabilitation hospital for adults who have
experienced traumatic and often life-altering illness and/or injury. This will
include:

    
    -   Renovations to the existing 12-storey east wing and four-storey north
        wing.
    -   A new 13-storey patient care and research tower that will be added to
        the southwest corner of the existing building, allowing for increased
        inpatient space as well as outpatient and on-unit therapy spaces and
        other facilities.
    -   New dedicated research space to house the hospital's growing research
        program to attract the best and brightest researchers from around the
        world.
    -   Dedicated education space to accommodate the increasing number of
        students who come to Toronto Rehab to complete their clinical
        training in a variety of health care disciplines.
    -   A new, more accessible entrance to the building for patients and
        families.
    

    Once completed, the Toronto Rehab redevelopment project will enable the
hospital to move the Musculoskeletal Rehabilitation program to upgraded and
expanded patient care facilities at the University Centre and close its
Hillcrest Centre site.





For further information:

For further information: Amy Tang, Minister's Office, Energy and
Infrastructure, (416) 327-6747; Jessica Hooker, Infrastructure Ontario, (416)
327-5325; Susan DeRyk, Toronto Rehabilitation Institute, (416) 597-3422, ext.
3025


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