Ranking for 2020: 5
Industry Sector: Transit
Specific Sector: LRT
Range: $12.245 billion +
Project Value: $12,245,000,000
Government Funds Involved: P3
Funding Source: P3
Estimated End Date of Substantial Completion: 2021
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.
In May, the first light rail vehicles had been delivered. By the fall, tunnel work both west and east of Laird Station was nearing completion. Track installation at multiple points on the line is in progress or completed.
The overall project construction is on schedule to reach substantial completion in September 2021.
Project Owner: Metrolinx
Project/Construction Manager: Infrastructure Ontario
P3 Team Members/Project Team: ACS Infrastructure Canada Inc.; Aecon; EllisDon; SNC-Lavalin; Dragados
Engineer: Jacobs; WSP; Hatch; Parsons (consulting engineer, technical advisor, construction oversight); AECOM (consulting engineer, preliminary planning/study, design); Wood Group (consulting); RATIO
Contractor: Aecon( Aecon Infrastructure Management - Design-Build JV); Dragados; EllisDon; SNC-Lavalin (Pacific)
Supplier Other: DECAST (precast tunnel liner segments); CRH Canada (cement); Canam Group (steel fabricator)
Legal: Blake, Cassels & Graydon (Metrolinx legal advisor); Fasken Martineau DuMoulin (advising lenders to consortium); Borden Ladner Gervais (legal advisor); DLA Piper (Canada)
Financiers and Banks: National Bank(Financial); Scotiabank (Global Banking and Markets-underwriters); Alberta Treasury Branches; Caisse Centrale Desjardins; Nova Scotia; Bank of Tokyo-Mitsubishi UFJ; Toronto-Dominion Bank (mandate lead arrangers)
Management Consultants: Infrastructure Ontario; Metrolinx; SEG Management Consultants (fairness advisor); EY (transaction advisor); BMO Capital Markets (financial advisor); Aon (insurance advisor)
Architect Names: Station Architects; IBI Group; NORR Architects & Engineers Ltd.; DIALOG; Daoust Lestage
Vehicle Supplier Names: Bombardier
Other Key Players: AECOM; Aon; Arup; BTY Group; Caterpillar; Entro; Entuitive; EY; EXP; Golder; Hanscomb; Infrastructure Ontario; INTECH; McCormick Rankin; Munro; Norton Rose Fulbright; Obayashi Canada; Kenny Construction; Kenaidan Contracting Ltd; Technicore; URS; Parsons; WSP; CRH Canada; Dufferin Construction; McMillen Jacobs Associates; Mott MacDonald; Englobe; CIMA+; Morrison Hershfield; GHD; AGAT Labs; Comtech; Deloitte; Geosolv