
Gordon and Leslie Diamond Health Care Centre
Canada
Project Value - $95M
Project Sector - Health
About The Project
The facility provides outpatient care service to 600,000 patients annually in a 33,900 square-metre facility at Vancouver General Hospital.
Approximately 21% of space (75,000 Sq. ft) is licensed to a total of 30 different medical clinics, each of which requires an individual licence. Each licence must renew every 10 years which can be very challenging. Retail units occupy 4% of space under leases of different durations.
Number of sites 1
Number of buildings 1
Size m2 33,454
Partnership Working and ESG
- Contributed to CAD c. $2M build out of 4,200 sq. ft Cardiology Diagnostic Clinic in 2018. Was former Retail Space which would have been otherwise difficult to let.
- Successful conclusion of above led to further CAD $750K project.
Commercial/Financial
Financial close date 2004
Construction Capex $95M
Term of PA 30 years
Term of HCP MSA 3 years
Contract year Aug to July
Financial model updates due Rebuild in process
About The Project
The facility provides outpatient care service to 600,000 patients annually in a 33,900 square-metre facility at Vancouver General Hospital.
Approximately 21% of space (75,000 Sq. ft) is licensed to a total of 30 different medical clinics, each of which requires an individual licence. Each licence must renew every 10 years which can be very challenging. Retail units occupy 4% of space under leases of different durations.
Number of sites 1
Number of buildings 1
Size m2 33,454
Partnership Working and ESG
- Contributed to CAD c. $2M build out of 4,200 sq. ft Cardiology Diagnostic Clinic in 2018. Was former Retail Space which would have been otherwise difficult to let.
- Successful conclusion of above led to further CAD $750K project.
Commercial/Financial
Financial close date 2004
Construction Capex $95M
Term of PA 30 years
Term of HCP MSA 3 years
Contract year Aug to July
Financial model updates due Rebuild in process
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