Top 10 and trend graph-September 2012

10/05/2012 by Alex Carrick

The accompanying table records the 10 largest construction project starts in Canada in September 2012. 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 - September 2012
REGION
(East to
West)
TYPE OF
CONSTRUCTION
DESCRIPTION
Sq. Ft.
000s
Dollars
000,000s
Ontario:
Mississauga Residential Uptown Mississauga, Block One 667 $98
(28 storeys; 787 units; 3 structures), Eglinton Avenue West, Hurontario Street
Mondiale Developments Ltd.
         
Mississauga Institutional Mississauga Bus Rapid Transit, Segment 2 21 $64
(2 storeys; 2 structures), Fieldgate Drive to Etobicoke Creek
City of Mississauga
 
Toronto Residential Chaz Condo on Charles 370 $55
(47 storeys; 511 units; 1 structure), 45 Charles Street East
Edenshaw Homes
 
Guelph Residential River House Condominiums 128 $44
(18 storeys; 128 units; 1 structure), 160 MacDonnell Street
Tircar Developments Inc.
 
Whitby Institutional Fairview Lodge Long Term Care Home 174 $40
(3 storeys; 198 units; 1 structure), 632 Dundas Street West, will be LEED Certified
Regional Municipality of Durham
         
Alberta:
Empress Engineering The Vantage Pipeline, will carry liquefied ethane from North Dakota through Saskatchewan to Alberta * $300
Vantage Pipeline
 
Fort Saskatchewan Engineering Quest Carbon Capture and Storage Project (from Shell’s Scotford
upgrader)
* $50
Shell Canada Ltd., Marathon Oil Canada Corp., Chevron Canada Ltd.
         
British Columbia:
Kitimat-Stikine Regional District Engineering Northwest Transmission Line Project * $561
BC Hydro and Power Authority
 
Richmond Residential Parc Riviera, Phase One 648 97
(9 storeys; 1026 units; 26 structures), 1880 Number 4 Road, 10071-10311 River Drive
Oris Development (Nakade) Corp.
 
West Vancouver Residential Evelyn By Onni, Phases 1-3 530 80
(8 storeys; 349 units; 24 structures), Keith Road, Taylor Way
Onni Group of Companies
 
         
TOTALS:     2,538 $1,389

*A square footage measure does not apply for alteration and engineering work.
Trend lines of construction starts in Canada – September 2012
Moving totals of the latest 12 months* (CanaData Figures)
Trend lines of construction starts in Canada – September 2012
*For example, the September 2012 figure is the sum of the monthly numbers for October 2011 through September 2012.
†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.