Top 10 and Trend Graph-April 2013

05/14/2013 by Alex Carrick

The accompanying table records the 10 largest construction project starts in Canada in April 2013. Also included is the latest trend graph on starts. This looks at 12-month moving totals of the two major non-residential building categories in Canada − total ICI starts and engineering work. ICI stands for industrial, commercial and institutional.

There are several reasons for highlighting upcoming large projects. Such jobs have often received a fair amount of media coverage. Therefore, people in the industry are on the lookout for when job-site work actually gets underway. And, as showcase projects, they highlight geographically where major construction projects are proceeding.

Also, total construction activity is comprised of many small and medium-sized projects and a limited number of large developments. But the largest projects, simply by their nature, can dramatically affect total dollar and square footage volumes. In other words, the timing and size of these projects have an exaggerated influence on market forecasts.

Top 10 projects of the month - April 2013
REGION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION
Sq. Ft.
000s
Dollars
000,000s
Newfoundland and Labrador:
St. John's  Commercial St. John's Convention Centre Expansion 26 $52
(3 storeys; 1 structure), 50 New Gower Street
City of St. John's
         
Quebec:
Montréal Institutional Hôpital Shriners pour Enfants 207 $127
(6 storeys; 1 structure), Campus Glen
Shriners Hospital Inc.
 
Le Domaine-du-Roy Engineering Val-Jalbert Hydroelectric Power Plant * $53
Société d'énergie communautaire du Lac-Saint-Jean, Conseil des Montagnais, MRC de Maria-Chapdelaine, MRC du Domaine-du-Roy, Municipalité de Chambord 
         
Ontario:
Niagara-on-the-Lake Commercial Niagara-on-the-Lake Outlet Centre, Phase One 500 $61
(1 storey; 8 structures), Taylor Road and Glendale Avenue
Ivanhoe Cambridge Inc.
 
London Residential Apartment and Commercial Building 345 $52
(19 storeys; 311 units; 1 structure), 1235 Richmond Street
SRM Architects
         
Saskatechewan:
Estevan Engineering Boundary Dam Clean Coal Power Station Project * $1,000
SaskPower Corp.
         
British Columbia:
Vancouver Residential Shannon Estates,  Phases One and Two 905 $139
(10 storeys; 744 units; 9 structures), 7101-7299 Granville Street
Wall Financial Corp.
 
North Vancouver Engineering Low Level Road Improvement (Neptune and Cargill Grade Seperation) * $100
City of North Vanvouver
 
Burns Lake Institutional Lakes District Hospital and Health Centre 65 $55
(2 storeys; 1 structure), 741 Centre Street, will be LEED Certified
Northern Health Authority
 
Salmon Arm Commercial SmartCentres Commercial Centre, Walmart 366 $49
(1 storeys; 13 structures), 2991 10 Avenue Southwest
SmartCentres, Walmart Canada
         
TOTALS:     2,414 $1,688

*A square footage measure does not apply for alteration and engineering work.
Trend lines of construction starts in Canada – April 2013
Moving totals of the latest 12 months* (CanaData Figures)
Trend lines of construction starts in Canada – April 2013
*For example, the April 2013 figure is the sum of the monthly numbers for May 2012 through April 2013.
†ICI is the sum of industrial, commercial and institutional.
The prominent jumps in the engineering curve reflect such mega project starts as Horizon Oil Sands work in Alberta (March 2005), the Eastmain 1-A hydroelectric power project in northern Québec (June 2007), the Kearl Oil Sands Project in Alberta (April 2010), the Firebag 4 SAGD Oil Sands project in Alberta (June 2011) and the Voyageur heavy oil processing plant Alberta (August 2011). In May 2010, the ICI curve shot upward due to the McGill University medical centre project in Montreal. In March 2012, Alcan's modernization project in Kitimat was initiated.
Data source and chart: Reed Construction Data – CanaData.