July, 2014

Financial close reached on North Island Hospitals Project

2014-07-09

It took two and a half hours to sign all the documents, but Island Health and Tandem Health Partners reached financial close on the North Island Hospitals Project in late June. The result is a fixed-price contract agreement to design, build, partially finance and maintain the new hospitals in the Comox Valley and Campbell River.

The signing cleared the way for construction to begin on the site of the new $331.7 million, 153-bed Comox Valley hospital near the corner of Lerwick ...

Continue Reading →

Fly through the new Comox Valley hospital

2014-07-08

Two new state-of-the-art hospitals are being built in the Comox Valley and Campbell River for the people of the North Island region. This video gives a virtual tour of the new $331.7 million, 153-bed hospital coming to the Comox Valley. Fasten your virtual seat belt and take a ride around and through the site! Learn more at nihp.viha.ca

Comox Valley Hospital – Flythrough from Island Health on Vimeo.

Continue Reading →

Fly through the new Campbell River hospital

Two new state-of-the-art hospitals are being built in Campbell River and the Comox Valley for the people of the North Island region. This video gives a virtual tour of the new $274.5 million 95-bed hospital coming to Campbell River. Fasten your virtual seat belt and take a ride around and through the site!

Campbell River Hospital Flythrough from Island Health on Vimeo.

Continue Reading →

North Island Hospitals Project construction starts

2014-07-04

Construction work for the new $606.2 million North Island Hospitals Project begins Monday July 7th on both the Courtenay and Campbell River sites.

Work at the Courtenay site near Lerwick and Ryan roads will include the beginnings of on-site access road construction and excavation of the hospital footprint. This is expected to lead to an increase in truck traffic in the Lerwick Road area. Traffic and dust control measures will be in effect. Comox Valley hospital site drawing

Initial work at the ...

Continue Reading →

North Island Hospitals Project green bond issue a first

2014-07-02

VICTORIA – A green bond has been issued to finance the North Island Hospitals Project, Minister of Finance Michael de Jong announced today.

This is the first time a green bond has been used to fund a public-private partnership project in North America and the first time a green bond has been issued to finance public infrastructure in Canada. The 32.3-year bond was issued by Tandem Health Partners, the consortium delivering the North Island Hospitals Project, and raised about $231.5 million.

Continue Reading →