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Chartwell Begins Construction of a New Long Term Care Home

Chartwell Begins Construction of a New Long Term Care Home Canada NewsWire ...

articleChartwell Retirement ResidencesOctober 26, 20204/company/chartwell-retirement-residences-1/news/chartwell-begins-construction-of-a-new-long-term-care-home
Chartwell Begins Construction of a New Long Term Care Home

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[{"type":"text","content":"\n\n \n \n \n Chartwell Begins Construction of a New Long Term Care Home\n \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 \n \n \n \n \n \n Canada NewsWire\n \n \n MISSISSAUGA, ON, Oct. 26, 2020\n \n \n \n \n \n MISSISSAUGA, ON\n \n ,\n \n Oct. 26, 2020\n \n /CNW/ - Chartwell Retirement Residences (\"Chartwell\") (TSX: CSH.UN) announced today that it has received all necessary approvals to commence construction of a new 224-bed long term care home in\n \n Ajax, Ontario\n \n .\n \n \n \n \n \n \n \n \n \n Once complete, the new structure will replace an existing 100-bed long term care home.  Residents will continue to receive care and services in place during the construction.  The completion of this\n \n $65.2 million\n \n development is expected in the spring of 2023.  The building is designed to the Ministry of Long-Term Care's current design standards and will include 134 private rooms with the remaining rooms providing semi-private accommodation.\n \n \n \"Chartwell is proud to partner with Chandos Construction, a reputable builder with long-standing experience in the sector.  This project is expected to create approximately 200 construction and trade jobs and 300 permanent jobs in the community,\" commented\n \n Teresa Fritsch\n \n , Chartwell's Senior Vice President, Real Estate and Investments.\n \n \n \"This project has been over five years in the making and became a reality through the tremendous efforts of many Chartwell people.  I want to extend my deepest gratitude to them for their hard work, expertise and tenacity, and express my congratulations on achieving this important milestone,\" commented\n \n Vlad Volodarski\n \n , Chartwell's Chief Executive Officer.  \"I also extend my thanks to the Ontario Government for its crucial support, including the recently announced Ontario Long Term Care Home Capital Development Funding Policy 2020, and its assistance with obtaining the necessary approvals in a timely manner, allowing us to be in a position to begin this important redevelopment in the coming weeks.\"\n \n \n \n \n About Chartwell\n...

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