The Burnaby Hospital redevelopment is a multi-year project occurring in two phases and will transform the hospital into a state-of-the-art medical and surgical health care campus. The Redevelopment Phase 1 Project is an opportunity to address a critical infrastructure need for the Authority and expand healthcare services to the growing community.
The design and construction of a new inpatient/outpatient tower, named the Keith and Beedie Pavilion, will take place during Phase 1A. The tower will be six-storeys and have 83 single-patient rooms with private bathrooms. The tower will include:
• A mental health and substance use unit, with a secured outdoor patio
• A maternity and labour unit
• A neonatal intensive care unit
• A medical unit with negative pressure rooms and outbreak zones
• Underground parking
Phase 1B involves an expanded Support Facilities Building to include a new energy centre, and renovations to existing buildings on the health care campus. Specifically, it involves the construction of Levels Two, Three, and Four of the Support Facilities Building to the hospital and Levels Zero and One of the Nursing Tower. Also included is installing mechanical and electrical upgrades to the Support Facilities. The Hospital will remain operational during construction.
The Burnaby Hospital Redevelopment Project is targeting LEED Gold Certification for the new tower.
EllisDon Capital Inc. (“EllisDon Capital”)
EllisDon Capital was the Developer and Financial Advisor, responsible for all aspects of the financing including financial modeling and analysis, selection of a funding structure, shortlisting of lenders, negotiation of lending agreements and preparation of the Request for Proposal submission. The Burnaby Hospital Redevelopment Project was financed with a $70 million term loan from one Lender. Upon Substantial Completion being reached, the term loan is fully repaid with the Substantial Completion Payment from the Authority.