Joint venture is 8th IPD project for Chandos in Ontario
McMaster Innovation Park (MIP) is the eighth Integrated Project Delivery (IPD) project that we’ve been awarded in Ontario since expanding our operations in the region, and setting up offices in Ottawa and Toronto. The $135 million job is a 50/50 joint venture between us and Bird Construction, with HDR taking the lead on design. The three companies will form the core IPD team, known as CBH+.
MIP’s expansion plans will include the repurposing of the former Hamilton Spectator building – composed of 260,000 sq. ft. - at 44 Frid Street. It will be converted into a Life Science hub that will feature lab spaces, offices and a data centre.
“As Canadian pioneers of IPD – we were the first in Alberta and B.C. to use the disruptive building method - we continue to seek out and stand behind this type of work,” said Tim Coldwell, president, Chandos. “IPD thrives on collaboration. It uses everyone’s talents – from the owner, to the builder, design partners, and trade partners – early on, to mitigate risks, pinpoint opportunities and maximize the value of a project.”
We have close to 30 IPD jobs completed or in progress across the country and are collaborating on the largest in Canada – Canadian Nuclear Laboratories - currently under construction in Ottawa. What makes the MIP expansion project unique is that it is slated to be the first zero-carbon project that Chandos builds.
Once MIP completes it's entire expansion plan, it will encompass 2.5 million square feet of facilities and employ approximately 5,000 people across a multitude of disciplines supporting business growth, according to Ty Shattuck, CEO of McMaster Innovation Park.
“Having built the first IPD projects in Alberta (Mosaic Centre in Edmonton; St. Joseph High School in Red Deer) and being in the validation phase to complete the first one in B.C., McMaster Innovation Park will be another great addition to our portfolio. It will further cement the benefits of IPD and collaboration in the construction industry.”
Construction is set to begin in early 2021.
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