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Bird Construction Inc. announces financial close of the Stanton Territorial Hospital renewal project for the government of the Northwest Territories
Bird Construction Inc. announces financial close of the Stanton Territorial Hospital renew...
About this update from Bird Construction Inc.
[{"type":"text","content":"\n\n\n\nBird Construction Inc. announces financial close of the Stanton Territorial Hospital renewal project for the government of the Northwest Territories\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nBird Construction Inc. announces financial close of the Stanton Territorial Hospital renewal project for the government of the Northwest Territories\nCanada NewsWire\nTORONTO, Sept. 25, 2015\n\n\n\nLISTING:TORONTO STOCK EXCHANGESYMBOL:BDT\n\n\n\nTORONTO, Sept. 25, 2015 /CNW/ - Bird Construction Inc. announced today that the Boreal Health Partnership consortium has reached financial close of a contract to design, build, finance and maintain the Stanton Territorial Hospital Project located in Yellowknife, Northwest Territories.  Bird is the managing partner and has a 50% interest in the construction joint venture that will design and build the project. It also holds a 25% equity interest in the concession responsible for the design, construction, financing and maintenance of the project through Bird Capital, a wholly owned subsidiary. \n\nThe new hospital is located adjacent to the current facility.  It will include a floor area of over 280,000 sf and will offer outpatient and inpatient services including emergency, medical imaging, dialysis, obstetrics, pediatric, cardio and mental health departments as well as day procedure and surgery suites.   \n\n\"The Company is very excited to begin work on site\" said Mr. Ian Boyd, President and CEO of Bird.  \"The project presents a number of unique design and execution challenges.  By providing an entirely new facility, we can deliver the project faster and with minimal disruption to services.  As well, a ground-up design approach provides the maximum opportunity to create a facility which best meets the requirements of the residents of the Northwest Territories and the Kitikmeot Region of Nunavut.\"\n\nThis press release contains forward-looking statements that involve a number of risks and uncertainties because they relate to events and depend on ci...