EllisDon Has Reached Financial Close on the South Niagara Hospital Project

Mississauga, ON, February 21, 2023 — EllisDon Infrastructure Healthcare (EDIH) is pleased to announce that it has reached Financial Close on the South Niagara Hospital project. The consortium was recently selected by Infrastructure Ontario and Niagara Health to design, build, finance, and maintain the South Niagara hospital to be located in south Niagara Falls at the corners of Montrose and Biggar roads.

"It was with tremendous efforts put forth by a great deal of people to reach this milestone," said Joey Comeau, EVP and COO, EllisDon Capital. "EllisDon Infrastructure Healthcare is excited to reach commercial and financial close and we are looking forward to delivering this monumental project for the communities of South Niagara."

The 1.3 million square foot, 12-storey modernized facility, will consolidate and expand acute care services across the region. In addition to emergency, critical care and surgical services, the South Niagara Hospital will feature several centres of excellence specializing in stroke, complex care, geriatrics and geriatric psychiatry, and wellness in aging.

“This is a tremendous accomplishment achieved by the efforts, planning and hard work of our dedicated team,” said Colin Flock, Senior Vice President, EllisDon Facilities Services. “With thirteen active P3 projects, our Facilities Services team is looking forward to using their knowledge and expertise during construction through to operations to provide the South Niagara Hospital with the highest standard of facility management while remaining sustainability conscious.”

The EDIH consortium is comprised of:

Applicant Leads: EllisDon Capital Inc. & Plenary Americas LP

Design Team: Parkin Architects Ltd. & Adamson Associates Architects

Construction Team: EllisDon Corporation

Financial Advisor: EllisDon Capital Inc.

To meet the growing demand for care in Niagara, the new hospital is planned to have 469 beds – 156 more than the combined total number of beds at Niagara Health’s Port Colborne, Fort Erie, and Niagara Falls facilities. Oncethe hospital is complete, Niagara Health will continue to operate the existing facility in St. Catharines, along with the Welland campus.

Construction is expected to begin in July 2023 and substantial completion is expected in early 2028.