Mount Sinai Hospital redevelopment project reaches financial close

On June 9, 2017, Infrastructure Ontario (IO) and Sinai Health System awarded a $288.5 million fixed-price contract to EllisDon Capital Inc. to build and finance Sinai Health System's Phase 3A redevelopment project at Mount Sinai Hospital in Toronto, Ontario.

The project is a large-scale renovation of several key areas of Mount Sinai Hospital, including: redevelopment of the Critical Care Unit, expansion and redesign of the Emergency Department, Operating Rooms and Surgical Services, increased Medical/Surgery Inpatient capacity, redesign of some of the Ambulatory Care areas and redevelopment of a full-service, in-house Medical Devices Reprocessing Department

This project is being delivered using Infrastructure Ontario's Alternative Financing and Procurement (AFP) model, an innovative way of financing and procuring large, complex public infrastructure projects. IO and the Ministry of Health and Long-Term Care are working with Sinai Health System to renovate the facility, which will remain publicly owned, controlled and accountable.

Gowling WLG advised IO and Sinai Health System with respect to this project with a team that included Merie-Anne Beavis, Lindsay Wong, Katie Higgins and Leslie Blumer.