Here are the five largest construction projects initiated in Canada during Q3 2021, according to GlobalData’s construction projects database.
1. Burnaby Hospital Redevelopment – $1,121m
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The project involves the construction of a 314-bed hospital comprising two towers in British Columbia, Canada.
Construction work started in Q3 2021 and is expected to be completed in Q4 2028.
The project aims to provide better healthcare facilities in the region.
2. Metrotown Property Redevelopment – $778m
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By GlobalDataThe project involves the construction of seven multipurpose facilities towers on a 3.60ha site on the South Side of Kingsway at Nelson Avenue, Next to Metropolis in Burnaby.
Construction work commenced in Q3 2021 and is expected to finish in Q4 2023.
The project aims to provide a diverse range of modern amenities including, residential, hotel, retail, commercial, and innovation space facilities under one roof for people in the city.
3. Terrace Mills Memorial Hospital – $448m
The project involves the construction of a 26,440m2, 78-bed hospital in British Columbia, Canada.
Construction work started in Q3 2021 and is forecast to complete in Q4 2025.
The project aims to provide more single-occupancy rooms for patients to increase comfort and reduce the likelihood of infections, and expand surgical services.
4. Southern Manitoba Fibre Project – $261m
The project involves the construction of a 2,657km fibre broadband connection in Manitoba, Canada.
Construction work commenced in Q3 2021 and is expected to be completed in Q4 2024.
The project aims to connect fibre optic cables to approximately 49,000 underserved households.
5. Fleetwood Reservoir and Water Main – $200m
The project involves the construction of a new underground reservoir and water main plant in Surrey, British Columbia, Canada.
Construction work started in Q3 2021 and is expected to be completed in Q1 2024.
The project aims to deliver clean, safe drinking water to growing communities south of the Fraser River.
Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.
Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.
