Ontario Construction News staff writer
A virtual ground-breaking launched construction at the Prescott and Russell Residence long-term care home project in Hawkesbury earlier this week.
The Ontario government is supporting the $83-million project with a $70-million loan to the Corporation of the United Counties of Prescott and Russell, through Infrastructure Ontario’s (IO’s) Loan Program.
Ontario’s investment of more than $240 million, of which over $170 million is being provided through the Province’s modernized funding model, will help to modernize this facility by redeveloping 146 existing beds and adding an additional 78 beds, making the residence a safer place to live and work.
“The Infrastructure Ontario Loan Program is helping us to get shovels moving and provide 21st century long-term care infrastructure for our most vulnerable in communities across the province,” said Laurie Scott, minister of infrastructure. “Supporting modern and efficient public infrastructure is critical for supporting safe and healthy communities, building a strong economy, and creating jobs.”
Through its modernized funding model for long-term care, the Ontario government is delivering on its goal to develop 30,000 beds across the province over the next 10 years.
The redevelopment of Prescott and Russell Residence is another example of how the Ontario government is accelerating the construction of much needed long-term care projects.
“This new building will help meet the needs of the community, provide an excellent quality of life for residents, and ensure that the highest quality of service and safety standards are maintained for years to come,” said Stéphane Sarrazin, Warden of the United Counties of Prescott and Russell.
Infrastructure Ontario’s Loan Program has supported a few other recent projects in the area: the Municipality of Casselman for acquisition of land for economic development ($1,550,000 loan); the City of Clarence-Rockland for Fire and EMS stations ($6,789,319 loan); and the Town of Hawkesbury for road rehabilitation and general maintenance projects ($647,000 loan).
Ontario has 20,161 new and 15,918 redevelopment spaces in the long-term care development pipeline.