Eglinton Crosstown LRT
Torys acted as counsel to the lenders to Crosstown Transit Partners (Fengate Capital Management/OHL Concesiones/STRABAG/Bechtel Development Company/Obayashi Canada), a shortlisted proponent for the Eglinton Crosstown LRT PPP project to design, build, finance and maintain a 19 km light rail corridor, including a 10 km underground portion, between Keele Street and Laird Drive in Toronto, Ontario.
In addition to the 10 km underground portion between Keele Street and Laird Drive, the 19 km corridor included
- 25 stops and stations, linking to bus routes, three subway stations and various GO Transit lines
- a maintenance and storage facility at Weston Road
The project, which will help reduce congestion, offer reliable transit to Toronto residents and integrate transit services, was one of the first major transit projects for the Toronto region and at its start, the largest PPP underway in Canada.
Further information on the project can be found on Infrastructure Ontario's website.
Torys also acted on the following in connection with this project:
| Jurisdiction | Toronto |
| Province/State | Ontario |
| Country | Canada |
| Nature of Engagement | Public-Private Partnerships, Project Finance, Procurement |
| Government Level | Provincial |
| Procurement Model | DBFM - Design Build Finance Maintain |
| Client | the lenders to Crosstown Transit Partners (Fengate Capital Management/OHL Concesiones/STRABAG/Bechtel Development Company/Obayashi Canada) |
| Client Role | Proponent |
| Value | $8,250,000,000 CAD |