CALGARY — Calgary-based Stuart Olson has announced its Buildings Group has secured two construction management contracts in southern Ontario worth approximately $120 million.
The first project is construction of a 30-storey student residence for a large post-secondary institution, noted a recent media statement. The second project is to construct an eight-storey seniors retirement residence.
The firm did not disclose where the builds will take place.
“These new Ontario contract awards are important wins for our Buildings Group,” said David LeMay, Stuart Olson’s president and CEO, in the statement.
“The post-secondary project signals momentum in the approval of planned provincial infrastructure spending, and we are pleased to add another significant post-secondary institution contract to our backlog.
“The award of the retirement residence project is a reflection of our growing reputation in this field as evidenced by our work with a variety of clients. Our ongoing strategy of growth in this province is focused on pursuing properly sized projects through our collaborative construction management approach.”
Stuart Olson provides general contracting and electrical building systems contracting in the public and private construction markets as well as general contracting, electrical, mechanical and specialty trades, such as insulation, cladding and asbestos abatement, in the industrial construction and services market, the statement indicated.
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