18 King St East

Commercial

18 King St East

Project Type

Commercial

Location

18 King Street East, Toronto, ON, Canada

Status

Overview

Unique Challenges

Key Features / Outcomes

Overview

18 King Street East, a prominent commercial property in Toronto, was developed, owned, and operated by Horizon Legacy. This building has attracted a variety of high-profile tenants.

Unique Challenges

Building at 18 King Street East was challenging because of it's location in busy downtown Toronto, making it hard to move materials and equipment around. Horizon Legacy also had to carefully design and construct the building to fit in with the nearby historic building, as well as accommodate for aa small site footprint in a tight urban area with old infrastructure.

Key Features

Prime Business Location: Situated in one of Toronto’s premier business areas, ensuring excellent accessibility and prominence.
Diverse Tenant Portfolio: Hosting a mix of insurance companies, health services, and governmental offices, serving a wide range of professional needs.
Modern Office Spaces: Designed to meet the requirements of top-tier tenants, featuring contemporary office facilities and amenities.

Former Tenants During Our Management

Unum Insurance, Boiler Inspection & Insurance, Columbia Health, The Attorney General

Our Impact

Horizon Legacy is revolutionizing the construction industry with the first and largest neighborhood in Canada built using onsite robotics.

Cost Efficiency

Our approach delivers an average cost of under $300K per unit (costs exclude land, servicing, softcosts) showcasing that robots can be integrated affordably while meeting and exceeding the Ontario Building Code.

With 26 rental units, including 30% affordable, we surpass industry standards.

Our project achieves a 20% reduction in energy intensity and greenhouse gas emissions, and our all-electric buildings ensure zero greenhouse gas energy consumption.

By creating wall assemblies with R-30 thermal performance and consolidating three trades into one, we effectively address the labor shortage, demonstrating the transformative potential of robotics in construction.

Horizon has generated over 14 million kilowatthour (KWH) of clean energy

We have created over 7 million square feet of Toronto’s major developments

“Horizon has built and financed major buildings for ourselves as the long-term owners, wherein, we have then had to live with the operational ramifications of design, construction and financial decisions made at the development stage for the over 20 years life of a building. This is a perspective very distinct from that of the traditional contractor or lender.”