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Luminus Financial

Luminus Financial (formerly Starnews), an Ontario credit union, was founded in 1951. Headquartered in Toronto, Canada, Luminus provides banking products and services, including business and personal banking, loans, investment products and insurance to anyone living or working in Ontario.

Renamed in 2011, Luminus Financial started as the designated credit union for employees of Toronto Star, Metroland, Air Canada, Globe and Mail, Campbell’s and Metro.

Our construction management mandate was to provide design assist services and leasehold improvements at this new "financial hub" which aims to provide a boutique banking experience to Luminus Financial clients. This new branch will offer a "one-stop shop" for financial solutions, all the while demonstrating the credit unions' commitment to providing more member-oriented services.

CityToronto

Budget< $2,000,000

Sq Ft6,500

Completion2015

Duration8 Weeks

Design ConsultantSGH Design Partners 

OwnerCBRE Limited (as authorized agent for Luminus Financial)

Contract TypeConstruction Management

PROJECT CHALLENGES

  1. Fast tracked project
  2. Fit-up required major mechanical & electrical modifications, as space was previously a restaurant
  3. Focal exterior design feature at Queens Quay entrance required detailed structural exploration

OUTCOME

Flat Iron successfully completed this branch on schedule. We reviewed the scope of work with the project team. Lead-times beyond substantial completion were identified and, in collaboration with our sub-trades and material suppliers, alternatives were proposed to the design team and service provider. With their approvals, construction moved forward at an accelerated pace. Construction milestones were met at architectural featured canopy and successful design mandate achieved. The client, designer and service provider are all pleased with our efforts.