Skip to content

Major construction firms EllisDon and PCL Healthcare Partners have been granted a fixed-price contract worth $13.9 billion for the development of The Peter Gilgan Mississauga Hospital and the Shah Family Hospital for Women and Children.

Engaged in groundbreaking deals across Canada, the U.S., and the global marketplace.

Construction companies EllisDon and PCL Healthcare Partners receive a fixed-price contract valued...
Construction companies EllisDon and PCL Healthcare Partners receive a fixed-price contract valued at $13.9 billion for the development of Peter Gilgan Mississauga Hospital and the Shah Family Hospital for Women and Children.

Major construction firms EllisDon and PCL Healthcare Partners have been granted a fixed-price contract worth $13.9 billion for the development of The Peter Gilgan Mississauga Hospital and the Shah Family Hospital for Women and Children.

Trillium M Project Co General Partnership Delivers Canada's Largest Hospital Development

In a historic move, the Trillium M Project Co General Partnership, a consortium of local firms specializing in infrastructure projects, has entered into an agreement with Trillium Health Partners to design, build, finance, and maintain the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children. This project, recognized as the largest hospital project in Canadian history, is worth approximately $13.9 billion and is still set to be completed in 2033.

The consortium is led by ED+PCL Healthcare Partners, a collaboration between EllisDon and PCL Construction. Other key players include Fengate Asset Management and Plenary Americas, who serve as equity partners. Tobor Emakpor from Hoskin & Harcourt LLP provided construction and infrastructure advice, while Chris Bennett, Marta Rochkin, Lucas Colantoni, Katie Frederickson, and Tearney Johnston-Jones from the same firm offered financial services advice.

The project was selected by Infrastructure Ontario (IO) and Trillium Health Partners (THP) under a Development Phase Agreement. The aim is to develop a state-of-the-art hospital campus to serve Mississauga and the surrounding region, addressing significant growth in healthcare demand expected to rise nearly seven times the average rate in Ontario hospitals over the next 20 years. THP is already one of the largest community-based hospital systems in Canada, serving approximately 1.7 million patients annually.

The Trillium M Project Co General Partnership was established as a single-purpose entity specifically for delivering the Mississauga site redevelopment for Trillium Health Partners. Key details of the consortium include EllisDon Capital and PCL Investments as the Proponent Lead, Developer, and Financial Advisor, with Fengate Asset Management, Plenary Americas, EllisDon Capital, and PCL Investments as the equity providers.

The project is being delivered using the progressive P3 model, a method that has proven successful in delivering large-scale, complex infrastructure projects. The new hospital will have over 950 beds and will maintain modern infection prevention and control standards, ensuring the highest level of patient care.

The Trillium M Project Co General Partnership is also still involved in the Peter Gilgan Mississauga Hospital and Shah Family Hospital for Women and Children project, demonstrating their commitment to improving healthcare infrastructure in the region. With substantial completion of the project still scheduled for 2033, the community can look forward to a state-of-the-art healthcare facility that will serve them for years to come.

The Trillium M Project Co General Partnership, in the course of delivering Canada's largest hospital development, is engaging with key players from the finance, industry, and business sectors. Chris Bennett, Marta Rochkin, Lucas Colantoni, Katie Frederickson, and Tearney Johnston-Jones from Hoskin & Harcourt LLP offer financial services advice, while the consortium is led by ED+PCL Healthcare Partners, a collaboration between EllisDon and PCL Construction, with Fengate Asset Management and Plenary Americas serving as equity partners.

Read also:

    Latest