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By Fred Street (anonymous) | Posted January 17, 2013 at 08:40:32 in reply to Comment 85245
Institutional segment is generally public and private educational facilities (eg. schools, colleges, universities), hospitals and health care facilities, plus cultural institutions like museums and galleries as well as community centres. Largely public sector funds and non-profit orgs.
When the BoE vacated its headquarters at Main and Bay, for example, it would have spun off institutional building at the site (McMaster Downtown Health Campus) as well as the Crestwood site where the Board will relocate. But most of the bounce is probably tied to the Mountain Health Centre opposite Mohawk.
Historically, institutional makes up about a fifth of Hamilton's total building by dollar value. This year it registered slightly higher, between a quarter and a third of all activity city-wide.
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