THE FIRST OF ITS KIND IN CANADA
The Well is an ambitious, master-planned community located in Toronto’s downtown core at Spadina Avenue and Front Street West. This development will be the first of its kind in Canada, spreading over 7 and ½ acres of land. The Well will completely transform the area between Front Street, Spadina Avenue and Wellington Street.
Enhancing this Toronto neighbourhood with over 1.5 million square feet of residential space, this development will offer residents an experience like no other living in the city. Homes available will accommodate anyone’s lifestyle, whether residents are single, retired or growing families. This project will also offer over 1 million square feet of office space and 500,000 square feet of retail space,
Condo Highlights
- Suites ranging from 491 – 3253 square feet.
- Office space expected to employ over 5000 people
- Office space will incorporate big companies such as Shopify and Uber
- Office space will offer floor to ceiling windows, a rooftop terrace, bike storage, shower facilities, underfloor HVAC system and automated lighting controls to preserve energy and power
AN AMBITIOUS COMMUNITY IN THE CENTRE OF IT ALL
This project will be situated amidst some of the best neighbourhoods in Toronto including the Entertainment District, the Financial District and Lakeshore.
Living in this condo will provide you with a convenient lifestyle, leaving you well connected with public transit. Hop on the Spadina streetcar located directly across the property, with Union Station only a short walk away. Union Station is also home to the GO busses and trains, VIA rail and TTC services that bring you around Toronto and the GTA.
The condo is surrounded by several local amenities including dining, entertainment and employment. Proposed retail space for this new development will be considered one of the biggest to ever be built in a master-planned community. This complex will be connected between each tower, including 3 floors with indoor and outdoor elements covered by glass canopies. All the extra retail space will create an additional 1200 jobs in industries including fashion, health, fitness, beauty and entertainment.
With this development comes a new 21-acre park, which will be built directly across the street from the condo. Rail Deck Park is going to be known as the highly anticipated “Central Park” of Toronto. This park will be constructed over the Union Station rail corridor, spanning between Front Street, Bathurst Street and Blue Jays Way.
The Well will be built with environmentally friendly, innovative, state-of-the-art technology used to preserve and conserve energy. This approach will reduce energy costs and carbon emissions! The developers have a goal of creating a sustainable living space where residents can work, shop, eat and play, all in one location!
- Private Dining room
- Outdoor Lounge
- Outdoor Dining
- Outdoor BBQ
- Pool Loungers
- Pool
- Sun Deck
- & More!
Gallery
Tridel
Tridel is Canada’s leading developer and builder of condominium residences with more than eight decades of diverse experience. To date, the Tridel Group of Companies is responsible for producing over 85,000 homes. The company’s focus is on customer service, innovation, environmentally sustainable design, performance in construction, and corporate stewardship.
The founder of the company, Jack DelZotto, built their first home in 1934. Jack had a strong belief in family, home and community and was a true innovator, building the first apartment complex in 1961 including several modern features. The founders of Tridel refined what a “home” is. A home is more than its physical properties of brick and mortar, it’s a lifestyle and a community that connects us to each other and our surroundings. This idea transformed the industry, and what they started over 5 decades ago is now recognized as the most innovative, sustainable concept in building new homes and communities.
Jack’s three sons, Angelo, Elvio and Leo and their children continue to carry out the tradition of family values and innovation, which inspires everyone at the company to be part of something bigger than themselves. Tridel works to make the world a better place.
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RioCan
Since 1993, RioCan has been developing communities that adhere to their guiding philosophies of integrity, candor and responsiveness. They believe that there is a home for every tenant, whether retail or residential, and that they succeed when their tenants do. RioCan builds properties and partnerships for the long-term, with an eye to the future and a dedication to safety, ethics and community stewardship.
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Allied REIT
Allied went public in 2003 for the express purpose of consolidating Class I workspace that was centrally located, distinctive and cost-effective. After 5 years passed, Allied was in the business of intensifying under-utilized land within their portfolio. A year later, Allied’s business included owning and operating the largest Internet exchange point in Canada and the 5th largest in North America. Their development was continuous and Allied eventually evolved into a leading owner, manager and developer of (i) urban workspace in Canada’s major cities and (ii) network-dense urban data centres in Toronto.
The most important element of their business environment is urban intensification. They recognize that Canadians are living, working, learning and playing downtown in greater numbers than ever before. Not only does this anchor Allied’s investment and operating focus, it provides the context within which it captures and creates value for its unit holders.
Urban intensification and operating experience has had a three-fold impact on Allied. First, it has increased Allied’s sensitivity to design. Second, it has expanded Allied’s investment and operating focus from purely Class I properties to urban mixed-use properties. Finally, it has motivated Allied to enter into collaborative relationships with best-in-class real estate organizations having complementary expertise, especially in the context of urban mixed-use developments.
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Rhapsody Property Management Services
Rhapsody Property Management Services is the premier multifamily property management firm in Canada focused on purpose-built luxury rental communities. The company was formed to adhere to the growing demand for sophisticated third-party management and to provide a level of service not previously offered in the Canadian market. Rhapsody is headquartered in Toronto and is initially focusing its efforts in Calgary, Toronto, Edmonton, Vancouver and Ottawa.
Rhapsody taps into the experience of its parent company, Pinnacle Property Management Services, which is one of the leading multifamily management firms in the United States. Pinnacle is ranked third on the National Multifamily Housing Council’s Top 50 Manager list, handling all aspects of property management ranging from conventional, market-rate and affordable property types to high-rise towers. With an extensive upscale property portfolio, the firm fully understands the operational needs of highly amenitized communities and will lend this experience to developments coming into the Canadian markets.
For 38 years, the parent company has perfected its management capabilities across the United States and has built a strong service platform with best practices that will nurture Rhapsody’s structure in Canada.
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