Top 10 and trend graph-February 2013

03/20/2013 by Alex Carrick

The accompanying table records the 10 largest construction project starts in Canada in February 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 - February 2013
REGION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION
Sq. Ft.
000s
Dollars
000,000s
New Brunswick:
Edmundston Institutional Les Résidences Jodin Nursing Home 150 $35
(2 storeys; 180 units; 1 structure), 425 rue du Pouvoir
Les Résidences Jodin Inc
         
Quebec:
Montréal Commercial La Tour Deloitte Office Building 513 $93
(26 storeys; 1 structure), rue St-Antoine entre le Centre Bell et la Gare Windsor, will be LEED Certified
Cadillac Fairview(La Corp)Lteé
 
Abitibi-Ouest Engineering Casa Berardi Mine * $80
Mines Aurizon ltée
 
Pointe-aux-Trembles Residential Apartment Building Alterations 132 $19
(5 storeys; 174 units; 1 structure), intersection des rues Notre-Dame Est et de la 53e Avenue
Les Habitations Communautaires Mainbourg
         
Ontario:
St. Catharines Commercial St. Catharines Spectator Facility 147 $45
(3 storeys; 1 structure), 55 McGuire Street
City of St. Catharines
         
Alberta:
Edmonton Engineering Algar Tower to South of Horse Creek Culvert * $33
Government of Alberta, Transportation
 
Edmonton Residential Fox Tower, Building 1 150 $23
(28 storeys; 142 units; 1 structure), Northwest corner of 104 Street and 102 Avenue
Langham Developments Ltd.
         
British Columbia:
Delta Commercial Dayhu Group Distribution Centre, Boundary Bay Industrial Park 900 $89
(2 storeys; 1 structure), 4350 80 Street
Dayhu Group
 
Langley Institutional Yorkston Area Middle School 46 $24
(2 storeys; 1 structure), 20686 84 Avenue, will be LEED Certified
School District 35
 
Kelowna Residential Green Square Townhouse Development, Phase 1 124 $19
(2 storeys; 56 units; 11 structures), 1013 Barnes Avenue
Troika Developments Inc.
         
TOTALS:     2,162 $460

*A square footage measure does not apply for alteration and engineering work.
Trend lines of construction starts in Canada – February 2013
Moving totals of the latest 12 months* (CanaData Figures)
Trend lines of construction starts in Canada – February 2013
*For example, the February 2013 figure is the sum of the monthly numbers for March 2012 through February 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.