MISSISSAUGA, ON, May 4, 2023
/CNW/ - Bird Construction Inc. (TSX: BDT) announced today that it
has been awarded a construction management services contract for BC
Housing's Permanent Supportive Housing Initiative, located on East
King Edward Avenue in Vancouver,
BC. The 14-storey modular project is valued at approximately
$50 million.
The project is part of a joint agreement between the
City of Vancouver, BC Housing, and
the Canada Mortgage and Housing Corporation (CMHC) to deliver a
minimum of 300 permanent supportive homes on five city-owned sites.
The East King Edward Avenue building will consist of 109 studio
homes, with the base of the building holding a commercial kitchen,
dining room, multi-purpose room, and tenant laundry. The building
will be collaboratively operated by Vancouver Native Housing
Society and Vancouver Aboriginal Friendship Centre Society.
The project design was supported by Bird's pre-construction
design services, with the final design delivered by Stantec and
Bird's Stack Modular business. The seamless exterior design will
include elements that represent Coast Salish and Urban Indigenous
Peoples, with the facade highlighted by timber-like panels and
blank exterior wall space for culturally themed murals. It will
follow the Passive House green building design standard, and the
prefabricated modular construction method will reduce construction
waste, expedite the construction process, and reduce costs.
As the first modular project of this height in Canada, the volumetric steel modular tower
offers 14 floors of quality units on a rapid, repeatable scale. At
the same time, it allows for customization to meet the community's
needs and creates a look and feel comparable to current
purpose-built apartments. With off-site design and construction of
the units, the modular approach substantially reduces construction
time, facilitating faster occupancy than traditional builds and
reducing the impact on the local community during construction,
while ensuring strict quality control, rigorous safety standards,
and significant energy performance in line with Passive House
standards. These benefits position modular construction as an
efficient solution to Canada's
housing crisis and long-term care capacity challenges, as well as
for the delivery of other vital infrastructure with repeatable
requirements.
"We are proud to be selected to provide our forward-leaning
accelerated construction method to communities in need of housing.
Modular construction is gaining considerable momentum in
North America and our Bird Stack
team has been actively demonstrating the benefits to build more
efficiently and fast-track delivery of important infrastructure to
the market," said Mr. Teri McKibbon,
President and CEO of Bird. "The strong design partnership, coupled
with early engagement and collaboration between the project
partners and the community, has ensured this vital housing
initiative will move forward."
This press release contains forward-looking information (as
defined in applicable Canadian securities legislation) that
involves known and unknown risks, uncertainties and other factors
which may cause actual results, performance, or achievements to
materially differ from those expressed or implied by the
forward-looking information.
The Toronto Stock Exchange does not accept responsibility for
the adequacy or accuracy of this release.
About Bird Construction Bird (TSX: BDT) is a
leading Canadian construction company operating from coast-to-coast
and servicing all of Canada's
major markets. Bird provides a comprehensive range of construction
services from new construction for industrial, commercial,
institutional, and civil infrastructure markets; to industrial
maintenance, repair and operations services, heavy civil
construction, and mine support services; as well as vertical
infrastructure including, electrical, mechanical, and specialty
trades. For over 100 years, Bird has been a people-focused company
with an unwavering commitment to safety and a high level of service
that provides long-term value for all stakeholders. www.bird.ca
SOURCE Bird Construction Inc.