CAMH: Land Development Advisory, Land Use Planning and Design


CAMH
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The Challenge

The Centre for Addiction and Mental Health (CAHM) retained C&W V&A to lead a team including Urban Strategies (urban planners) and Tate Economic Research (retail consultants) to assist in the refinement of their master plan (to delineate CAMH and non-CAMH parcels), to value the resultant non-CAMH development parcels and to deliver a monetization strategy for these assets. The CAMH campus at 1001 Queen has 1.7 million sf of development potential; the CAMH property at 175 Brentcliffe covers a 9.6 acre site with a 72,000 sf existing institutional building and potential development density of up to 667,000 sf. This assignment was completed by C&W V&A in collaboration with Urban Strategies.

CAMH is Canada’s leading hospital for mental health—treating illnesses that affect one in every five Canadians and their families. CAMH combines specialized care with high-impact research, education and advocacy to transform the lives of people with mental illness and addictions.

To support CAMH, visit:
http://www.supportcamh.ca/page.aspx?pid=494


The Solution

We commenced our work program with a Project Initiation Process, following by CAMH and Market Discovery (inclusive of market perspectives and sounding for all asset classes). This was followed by municipal planning overviews, development concept preparation and municipal approval benefit and risk assessment. We valued all of CAMH’s real estate assets, through both representative land sale and pro-forma based residual land value analysis. We provided master development pro-forma and monetization options analysis, leading to an asset management and implementation strategy.


The Result

We helped CAMH refine their Fine Tuned Master Plan for their 1001 Queen campus. We identified and valued non-CAMH development and monetization opportunities within this site. We delivered a workable strategy for the monetization of their Brentcliffe lands, following prior disposition challenges. We understand that this work has been immensely helpful to CAMH, in planning for their program needs, while allowing sufficient opportunity for the future monetization of non-CAMH assets, to fund capital requirements.

Contacts

Julian Colman

Julian Colman

Vice President

Toronto, ON

Phone +1 416 359-2402

Contact me