Zurich Tower

Commercial

Zurich Tower

Project Type

Commercial

Location

400 University Avenue, Toronto, ON, Canada

Status

Overview

Unique Challenges

Key Features / Outcomes

Overview

The development, ownership, and operation of Zurich Canada Building at 400 University Avenue, Toronto, are all under Horizon Legacy. This building served as the headquarters for Zurich Canada until 2014 which later it was then occupied by Travellers Insurance, Inc.

Unique Challenges

Developing an office for Zurich Canada presented a unique challenge due to the company's expansive operational needs and stringent regulatory requirements inherent to the insurance industry. As a major player in the global insurance market, Zurich required a state-of-the-art facility that could accommodate their advanced technological infrastructure, extensive workforce, and ensure compliance with Canadian insurance regulations and standards.

Key Features

Prime Location: Situated on University Avenue in one of Toronto’s most prestigious business districts.
Corporate Headquarters: Hosting the head office of Zurich Canada., central hub for the company's operations in Canada.
Modern Facilities: Designed to meet the needs of a leading insurance firm, offering state-of-the-art amenities and office spaces.

Former Tenant During Our Management

Zurich Canada

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.”