TORONTO, Jan. 3, 2017 /CNW/ - Integrated Team Solutions ("ITS"), in partnership with the City of Saskatoon, announced that construction of the Saskatoon Civic Operations Centre ("COC") successfully reached substantial completion on December 31, 2016. The new facility relocates the City of Saskatoon's Transit Operations and houses the City's first permanent Snow Management Facility. The facility officially opened its doors with a ribbon cutting ceremony on December 13, 2016 as the project was completed two weeks ahead of schedule and on budget.
Saskatoon COC is LEED® certified and designed to encompass a number of buildings and facilities. The 450,000 square foot transit facility is a full-service shop, providing complete convenience during vehicle maintenance. Some of these features include a transmission shop, inspection pits, body shops and fuelling stations. Additionally, the facility has an indoor capacity to house 224 busses so that they will never be stored outside.
Integrated Team Solutions ("ITS"), a consortium led by Fengate Real Asset Investments ("Fengate") and EllisDon Capital, was awarded the contract by Saskatoon City Council to design, build, finance and maintain the facilities of the Saskatoon Civic Operations Centre in winter 2014, operating under a 25-year contract. The ITS team includes EllisDon Design Build Inc. ("EllisDon"), as design builder and Engie Services Inc. as facility manager.
"EllisDon is pleased to have partnered with ITS and the City of Saskatoon to bring the design and construction of this project to a successful conclusion," said Michael Kazda, VP & Area Manager, EllisDon. "Safely delivering a quality project, ahead of time and on budget, requires a tremendous team effort that everyone associated with the new Civic Operations Centre project should be proud of."
"Fengate is very proud to be part of the team that delivered the new Saskatoon Civic Operations Centre on budget and ahead of schedule," said Marco Di Carlantonio, Executive Director at Fengate. "This facility supports the City's growing transit operations and enhances Fengate's robust portfolio of social infrastructure projects while delivering long-term cash flows to our investors."
The Snow Management Facility, operated by the City's Roadways and Operations Division includes a 14-acre pad that will be able to store up to 1 million cubic metres of snow. This also includes a storm water and meltwater management pond with inlet sand, oil and grit separators to protect groundwater from contamination.
"The Civic Operations Centre is a tremendous step forward for our Transit Operations and for snow and ice management in our city," said Mayor Charlie Clark, City of Saskatoon. "Our Transit Operations outgrew the old bus barns long ago, and our staff has been making do in cramped facilities for many years. This LEED-certified facility, built ahead of schedule and on budget, has perfect timing as we prepare to modernize Transit in Saskatoon."
Both facilities will be fully operational in January 2017.
EllisDon is an employee-owned construction services company with revenues in excess of $3.5 billion annually that delivers construction expertise to clients throughout the world. In addition to offering construction and project management services, EllisDon effectively takes on client risk with a range of capital; intelligent building; virtual design and construction; and furniture, fixtures, and equipment procurement services. For more information, please visit www.ellisdon.com.
Fengate Real Asset Investments is a leading alternative asset management firm specializing in the management of investment funds on behalf of Canadian and international pension funds. Fengate has $2.9 billion in capital under management with expertise in infrastructure, real estate and private equity. With significant experience in public-private partnerships, independent power projects and real estate developments, Fengate targets high quality, long-term investments across North America and select international markets. For more information, please visit www.fengate.com.
SOURCE Fengate Capital Management