The cost of the project is expected to be between $13 million and $15 million. The company’s spokesperson in a telephonic interview said that the new building is required, as the existing facility lacks storage space and is not sufficient enough to meet the needs of the company.
Bill Bean whose company is overseeing the project for Swiss Re said that the new building would be designed in such a way that all employees in the building will be within 30 feet of natural sunlight. The building will have glazed glasses to trap the heat of the sun for better insulation. The building will also have a geothermal heating and cooling system.