Atrium on Bay

Project Type

Commercial

Location

595 Bay Street, Toronto, ON, Canada

Status

Overview

Unique Challenges

Key Features / Outcomes

Overview

Horizon Legacy's Atrium on Bay, 595 Bay Street stands as a cornerstone of Toronto’s commercial real estate. This high-end, energy efficient, multi-functional property offers extensive commercial, retail, and parking spaces.

Unique Challenges

Horizon Legacy faced significant hurdles when the City of Toronto froze building permits due to concerns about high-rise density. The Company responded with a groundbreaking proposal that enhanced energy efficiency, successfully obtaining the necessary permits.

Key Features

Prime Location: Located on Bay Street in Toronto’s financial district.
Versatile Space Utilization: Mixed-use design catering to diverse tenant needs.
Energy Efficiency: Innovative design securing building permits and commitment to sustainability.
An open interior including a sky-lit court featuring balconies along the office towers and an enclosed glass roof.

Former Tenants During Our Management

Ontario Hydro, Eaton Bay Life Insurance, Main Land Registry Offices

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.”