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BC Major Projects Inventory

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BC Major Projects Inventory BC Major Projects Inventory This fall the Lions Gate Hospital Acute Mental Health Facility opens. The Photo courtesy of Vancouver Coastal $62 million dollar project will provide psychiatric services, teaching space Health and an ambulance service station at the Lions Gate Hospital campus. September 2014 Contents BC Major Projects Inventory BC Major Projects Inventory Issue: September 2014 A comprehensive database of major development activity in British Columbia ISSN 1700-9537 Publishers: Economic Development Division, Ministry of Issue 14-03 September 2014 Jobs, Tourism and Skills Training Demographic and Building Statistics: BC Stats Research: Rene Corcoran BC Major Projects Inventory is published quarterly by the Ministry of Jobs, Tourism and Skills Training with funding from its Labour Market & Immigration Division. About the Major Projects Inventory—iii Not all major projects in British Columbia are included in the MPI. For inclusions, projects must be made known to the publisher. Highlights of this Issue—iv By definition confidential project information is not included. July–September 2014 Summary Tables—v While information sources are checked regularly, the Government of British Columbia and its contractors are not responsible for any errors or omissions in this publication. Map of Development Regions—viii Copyright Province of British Columbia, 2014. All rights reserved. Regional Statistics and Projects Definitions of Key Terms Proposed – project is in planning or permitting stages, Region 1. Vancouver Island/Coast—1 remediation, demolition, excavation or site servicing may occur at this stage. Region 2. Mainland/Southwest—21 On Hold – Project is delayed but still may go ahead or is cancelled and will be removed from the MPI in the following issue. Region 3. Thompson/Okanagan—75 Construction Started – foundations have started, includes excavation for road projects. Region 4. Kootenay—91 Completed – construction is substantially complete, landscaping or deficiency inspection may still occur. Public – projects that have funding from municipal, Region 5. Cariboo—97 provincial or federal governments and may include private funding. Region 6. North Coast—105 Clean Energy – describes projects that are clean energy producers, such as wind power or hydroelectric. Green Building – projects that are planned to Leadership Region 7. Nechako—115 in Energy and Environmental Design (LEED) or Green Globes sustainable building standards. Region 8. Northeast—121 September 2014 British Columbia Major Projects Inventory Page i © Ministry of Jobs, Tourism and Skills Training About the Major Projects Inventory The BC Major Projects Inventory (MPI) contains Estimated Costs summary information on major projects in the Cost estimates are general estimates from the Province of British Columbia, Canada, that are over information sources used. $15 million (Cdn.) capital cost, or $20 million in the Lower Mainland–Vancouver area. As of June 2010, Start and Finish Dates the information in this published version of the BC Start and finish dates for proposed projects are Major Projects Inventory is prepared by Rene based on estimates from the sources used, or in Corcoran, although it is now owned and published some cases, on reasonable assumptions. These by the Province of British Columbia. dates are revised as new information becomes available. Sources of MPI Information Information sources include print and electronic Project Status media, developers, architects, general contractors, Projects are listed by status: proposed, under and government agencies (provincial, regional, construction, completed, or on hold. Notes on other municipal) as well as occasional site visits. Projects status indicators are also included in the project that are under consideration or proposed to be description. Projects that are on hold for longer funded by the Provincial government may be listed than two years are normally removed from the where there is public information about such publication (although retained in our database). projects. The description may indicate the status of Cancelled projects are noted in the project Provincial funding applications, if it is known. descriptions as cancelled, then removed from the next issue of the MPI. Project Location Projects are listed within the eight regions: Sustainable Building Design Vancouver Island/Coast, Mainland/Southwest As a new feature, the MPI has begun identifying (Vancouver area), Thompson/Okanagan, Kootenay, sustainable building design and construction Cariboo, North Coast, Nechako, and Northeast. projects within that have been registered and Maps showing the location of the regions and main certified under a recognized green building rating population centres are included in the MPI. Projects system (e.g., LEED®, Green Globes). Certification are also listed according to the nearest population provides greater assurance that a building will be centre, which could be an unincorporated centre or a an environmentally responsible, energy efficient, local government, (e.g., a municipality). profitable, and healthy place to live, work and play. This designation has been added to the Updates project description to promote awareness of the New projects are added to the database every benefits of green buildings. quarter. Projects already in the database are updated, at minimum, every six months unless there is no expected change in status for a longer period of time. Projects may be shown as updated with no change in information—this means that the information shown is still valid according to the verifying source. September 2014 British Columbia Major Projects Inventory Page iii © Ministry of Jobs, Tourism and Skills Training Highlights of the September 2014 Issue This issue of the BC Major Projects Inventory lists Prepared by: 31 new proposed projects over $15 million for the The Economic Development Division with third quarter of 2014, with available capital cost research by Rene Corcoran estimates totaling approximately $11.7 billion in BC Major Projects Inventory Consultant potential new capital investment, if all the projects September 30, 2014 proceed. Fifteen major projects started construction in the third quarter, with an estimated value of $1.4 billion. BC Government Contact: The largest project started at $605 million was the Andrew Taylor, Ministry of Jobs, Tourism and North Islands Hospital Project taking place in Skills Training Campbell River and Comox, followed by the $400 250-952-0205 million Tilbury LNG Facility in Delta, and the $150 [email protected] million 3 Civic Plaza in Surrey. Twenty-one projects completed construction in the third quarter, with an estimated capital cost of approximately $2 billion; the largest project is the $725 million Forest Kerr Hydroelectric Project in the Stewart region, followed by the $307 million Grade Separation Improvements along the Roberts Bank Rail Corridor. All capital costs are estimates, and therefore, subject to changes, especially in the early stages of a project proposal. Some capital costs are not included because they were not available at press time or the developer/owner requested that no capital cost be shown. The capital cost of all major projects currently under construction in BC is estimated at $81.7 billion, down from the $82.6 billion reported in the second quarter of 2014. Many major project proposals listed are in very preliminary stages and are not approved for construction, therefore capital cost estimates should be viewed with caution. The available capital cost of proposed projects is estimated at approximately $269.5 billion, up from $236.5 billion in the previous quarter. Approximately $23.7 billion of projects are judged to be 'on hold' for the time being. Page iv British Columbia Major Projects Inventory September 2014 © Ministry of Jobs, Tourism and Skills Training New Proposed Projects* July–September 2014 Est Cost Region Municipality Project Name ($mil) 1. Vancouver Island/Coast Nanaimo Eden Gardens Seniors Housing 37 1. Vancouver Island/Coast Victoria Legato Condominium Development 20 1. Vancouver Island/Coast Victoria Escher Condominium Development 40 2. Mainland/Southwest Burnaby Gilmore Station Mixed-Use Development 40 2. Mainland/Southwest Cloverdale Focal Point Condominium and Retail Centre 20 2. Mainland/Southwest Coquitlam Banting Middle School Upgrades 22 2. Mainland/Southwest Coquitlam Novella Condominiums 20 2. Mainland/Southwest Coquitlam Condominium Development 40 2. Mainland/Southwest Langley Arcadia Townhouses 20 2. Mainland/Southwest Port Moody The Strand Condominium n/a 2. Mainland/Southwest Richmond Condominium Towers 45 2. Mainland/Southwest Richmond Orchid Condominium 22 2. Mainland/Southwest Surrey Essence & Elevate at the Hamptons 20 2. Mainland/Southwest Surrey Surrey Secondary School 55 2. Mainland/Southwest Vancouver Rhythm Condominiums 20 2. Mainland/Southwest Vancouver Northwest Condominiums 60 3. Thompson/Okanagan Kamloops Cascades Casino Relocation 34 3. Thompson/Okanagan Kamloops Trades and Technology Building 30 3. Thompson/Okanagan Kelowna Okanagan Lake 2nd Crossing n/a 3. Thompson/Okanagan Kelowna Condominium Development 40 3. Thompson/Okanagan Kelowna Okanagan Centre for Innovation 35 3. Thompson/Okanagan Malakawa Malakawa Bridge Replacement 35 3. Thompson/Okanagan Vernon Apartment Building 20 4. Kootenay Sparwood Coal Mountain Phase 2 Project 396 6. North Coast Prince Rupert Area Bitumen Refinery 10,000 6. North Coast Prince Rupert Area Orca LNG n/a 6. North Coast Terrace Northwest
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