Saskatchewan Schools II_Stonebridge_0134

Saskatchewan Joint Use Schools Project II

  • Completion Date

  • Square Footage

    911,172sqft

  • Status

    Operational

  • Value

    $401,300,000

About the Saskatchewan Joint Use Schools Project II

In August 2015, Concert Infrastructure led the team that secured the Saskatchewan Joint Use Schools Project II to design, build, finance and maintain 12 schools on six joint use sites in the communities of Saskatoon, Warman and Martensville, Saskatchewan. The schools comprise 911,172 square feet of new building space with capacity for more than 8,000 students from pre-kindergarten to grade 8.

The project is delivered under a public-private partnership model with the Government of Saskatchewan over a 30-year project concession term concluding in 2047 and has a contract value of $401.3 million. 

Combined with the Saskatchewan Joint Use Schools Project I, this was the largest school construction project in Saskatchewan’s history.

Concert Infrastructure’s Involvement

In August 2015, Concert Infrastructure secured the opportunity to lead the delivery of the Saskatchewan Joint Use Schools II project under a design, build, finance and maintain project agreement with the concession period concluding in 2047.

Concert Infrastructure holds a 100% equity interest in Joint Use Mutual Partnership #2, the project company responsible for the delivery and management of the project.

About Concert Infrastructure

Concert Infrastructure is an independent, long-term investor, developer, and manager of public infrastructure projects across Canada, and has been successful in forming strong strategic partnerships and securing solid investment opportunities for our pension plan investors.

Concert Infrastructure approaches each project with the intention of remaining a partner for the duration of the concession period, valuing long-term, stable returns for our ten Canadian union and management pension fund unitholders. Concert Infrastructure invests Canadian dollars in Canadian projects that span today five provinces and territories. Over 80% of our facilities meet the LEED Gold or Silver sustainable building standard.

Concert Infrastructure is part of the broader Concert group of companies, that include Concert Real Estate Corporation and Concert Properties - a Canadian real estate company with over 30 years of industry leading investment, development, and management experience.
 

 

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