Metrolinx and Infrastructure Ontario have selected Mosaic Transit Group as the preferred proponent for the Finch West Light Rail Transit (LRT) project in Toronto.
“For Metrolinx, the Finch West LRT project represents another exciting and significant investment in rapid transit for Toronto, and a new line that will provide vital connections to other transit services, including GO, Toronto-York-Spadina Subway Extension, Züm, MiWay and Viva,” said Phil Verster, president and CEO of Metrolinx. “It will link the communities of Jamestown, Rexdale and Black Creek with downtown Toronto. This is an important project for these communities.”
Members of the preferred proponent team include:
- Applicant Lead: ACS Infrastructure Canada Inc., Aecon Concessions – a division of Aecon Construction Group Inc., CRH Canada Group Inc.
- Construction: Aecon Infrastructure and Management Inc., Dragados Canada Inc., Dufferin Construction Company – a division of CRH Canada Group Inc.
- Design: Arup Canada Inc., Dillon Consulting Limited, DPM Energy Inc., DTAH, Perkins + Will Canada Inc., Sener SES Canada Inc.
- Maintenance: ACS Infrastructure Canada Inc., Aecon O&M – a division of Aecon Construction Group Inc.
- Financial Advisor: RBC Dominion Securities Inc.
Each of the applicant leads in the consortium is an equal partner (33.3 per cent) in the equity and construction of the project, while Aecon and ACS Infrastructure Canada Inc. each have a 50 per cent interest in the 30-year maintenance agreement for the LRT.
“The Finch West LRT will be a significant addition to Toronto’s transit system and Aecon is pleased to play a key role in connecting communities across the Greater Toronto Area,” said John Beck, president and CEO of Aecon. “We look forward to working with Metrolinx, Infrastructure Ontario and our partners to execute this world-class project.”
According to information provided by Infrastructure Ontario, the project includes:
- 11 kilometres of new dedicated light rail transit between Humber College and the new Finch West Subway Station on the Toronto-York Spadina Subway Extension;
- 16 surface stops including a below-grade terminal stop at Humber College, and an underground interchange station at (Keele Street and Finch Avenue West) TTC’s Finch West Subway Station;
- A maintenance and storage facility for the light rail vehicles; and
- Other required components, such as trackworks, signaling, communications, and public realm infrastructure.
Financial close and the start of construction are expected for the second quarter of 2018.