Mosaic Transit Group, a consortium of Aecon Group, ACS Infrastructure Canada and CRH Canada Group, has been chosen by Metrolinx and Infrastructure Ontario as preferred proponent for the Finch West Light Rail Transit (LRT) project in Toronto, Canada.
All three firms in the consortium will have equal stake in the equity and construction of the project, while Aecon and ACS Infrastructure Canada each have a 50% interest in the 30-year maintenance deal for the LRT project.
The project, which forms part of the Ontario government's plan to expand transit in the Greater Toronto and Hamilton Area, will run along Finch Avenue West in Toronto and be fully integrated with the city's current transit system.
The LRT project involves the construction of 11km of new dedicated light rail transit between Humber College and the new Finch West Subway Station on the Toronto-York Spadina Subway Extension.
It will feature 17 surface stops including a below-grade terminus stop at Humber College, and an underground interchange station at the TTC's Finch West Subway Station (Keele Street and Finch Avenue West).
The project will also include a maintenance and storage facility for the light rail vehicles along with other required components, such as trackworks, signaling, communications, and public realm infrastructure.
Aecon stated that the project financing is anticipated to be closed in the second quarter of 2018. Work on the project is expected to begin in 2018 and will be completed in 2022.
Aecon Group president and CEO John Beck said: “Aecon continues to demonstrate proven capabilities to secure and deliver large-scale, complex infrastructure projects. We look forward to working with Metrolinx, Infrastructure Ontario and our partners to execute this world-class project.
“The Finch West LRT will be a significant addition to Toronto’s transit system and Aecon is pleased to play a key role in connecting communities across the Greater Toronto Area.”