TOP100 2023 Report - Report - Page 18
2023
5
Eglinton Crosstown LRT $12.571 billion
18 ReNew Canada
Global Banking and Markets (underwriters); Alberta Treasury
Branches; Caisse Centrale Desjardins; Bank of Nova Scotia; Bank
of Tokyo-Mitsubishi UFJ; and Toronto-Dominion Bank (mandate
lead arrangers); BMO Capital Markets (financial advisor)
Architects: (Station Architects) IBI Group; NORR Limited
Architect & Engineers; DIALOG; Daoust Lestage
Management Consultants: Infrastructure Ontario; Metrolinx;
SEG Management Consultants (fairness advisor); EY (transaction advisor); BMO Capital Markets (financial advisor); Aon
Risk Solutions (insurance advisor)
Legal: Blake, Cassels & Graydon (Metrolinx legal advisor);
Fasken Martineau DuMoulin (advising lenders to consortium);
Borden Ladner Gervais (legal advisor); DLA Piper (Canada);
Norton Rose Fulbright; Stikeman Elliott LLP
Funding: P3
Substantial Completion: 2023
This light-rail transit line will run along Toronto’s Eglinton
Avenue between Mount Dennis (Weston Road) and Kennedy
Station. Part of the Government of Ontario’s light-rail transit
plan for the city, this 19-kilometre corridor will include an
11-kilometre underground portion between Keele Street and
Laird Drive. When running at street level, the line will carry
passengers in dedicated right-of-way transit lanes separate
from regular traffic with priority signaling at intersections.
Travelling at an average speed of 28 km/h, it will link to 54 bus
routes, three subway stations, and various GO Transit lines.
The capacity of the LRT vehicles is 15,000 passengers per hour
per direction, with the flexibility to easily remove or add cars.
Projected ridership is 5,400 passengers per hour in the peak
direction by 2031. The final pieces of trackwork for the project
were being installed during the fall of 2021. Installation of the
overhead catenary system (the wires that power the trains),
train signals, communications systems and other features to
enable safe train movement continued in 2022 and the rail now
runs continuously from the Maintenance and Storage Facility,
located on the site of the former Kodak lands, to Kennedy
Station.
Metrolinx
2022 Rank: 5
Location: Toronto, Ont.
Owner: Metrolinx
Procurement Agent: Infrastructure Ontario
DBFM Team: Crosslinx Transit Solutions—ACS Infrastructure
Canada, Aecon, EllisDon, SNC-Lavalin, and Dragados Canada
Contractor: Design-Build JV: Aecon Infrastructure Management, Dragados Canada, EllisDon, and SNC-Lavalin Constructors (Pacific)
Engineer: Jacobs and 4 Transit—WSP (project management,
GIS), Hatch, and Parsons (consulting engineer, technical
advisor, construction oversight); AECOM (consulting engineer,
preliminary planning/study, design); Wood-a WSP company
(consulting/environmental); LEA (design)
Architect: Station Architects; IBI Group; NORR Limited Architect & Engineers; DIALOG; Daoust Lestage
Other Key Players: AECOM (consulting engineer, preliminary
planning/study, design); Aon (risk advisor); Arup (preliminary
design work); BTY Group (independent certifier); Caterpillar;
Entro; Entuitive (structural eng. consultant); EY (advising gov’t.);
EXP (instrumentation and monitoring); Golder-a WSP company
(geotechnical services); Hanscomb (preliminary and concept
designers’ cost consultant for 7 stations); Infrastructure Ontario;
INTECH (insurance advisor); McCormick Rankin; Munro
(concrete); Norton Rose Fulbright; Obayashi Canada; Kenny
Construction; Kenaidan Contracting; Technicore (contractors);
URS/Parsons JV (systems design); CRH Canada (cement supply);
Dufferin Construction (prep work); McMillen Jacobs Associates
(independent verifier); Mott MacDonald (track design review
and tunnel construction management); Englobe (geotechnical
studies); CIMA+ (traffic mgmt. and road safety audits); Morrison
Hershfield (transit operations and maintenance advisory
services); GHD (traffic mgmt., site civil support); AGAT Labs;
Comtech (consulting services); Deloitte; Geosolv; HKA
Supplier: Bombardier (vehicle); DECAST Ltd. (precast tunnel
liner segments); CRH Canada (cement); Canam Group (steel
fabricator)
Financiers/Banks: National Bank Financial and Scotiabank