A sea of tower cranes and concrete rise above the site of The Well as construction continues on the highly-anticipated master-planned community.
The ambitious project will bring a total of seven towers to the block of land once occupied by The Globe and Mail headquarters. It spans a total of 7.8 acres between Front Street West and Wellington Street West, and from Spadina Avenue on the east to Draper Street to the west.
Construction on the project began in 2017 when crews demolished the former Globe and Mail buildings. This was followed by excavation and shoring work through most of 2018 — a massive undertaking considering the size of the site. By early 2020, foundation work was progressing on the residential towers and the office tower had reached the 14th floor.
Overhead construction cameras also showed some of the work happening on the project’s namesake, a 20-metre-wide by 44-metre-deep underground reservoir (or well) that extends into the bedrock. The reservoir will connect to Enwave Energy Corporation’s existing Deep Lake Water Cooling and hot water distribution network, which provides sustainable cooling and heating solutions throughout the downtown core.
Today, The Well is buzzing with activity as work continues on all seven buildings and the retail area. Construction is furthest along in the eastern section of the site facing Spadina Avenue and Front Street West, where the Hariri Pontarini Architects-designed office tower by Allied REIT is located. Here, workers are pouring concrete for the last few floors as the 36-storey tower nears its final height. The building’s dark green-hued glazing has made its way up to the 27th floor, while the distinctive set of grey X-braces add visual interest to the north and south façade.
The residential component at The Well will consist of a mix of purpose-built rental buildings and condominiums. The rentals are being developed by RioCan Living and will be managed by Rhapsody Property Management Service, while the condominiums are by Tridel.
Construction on the residential buildings along Front Street West are all above grade with each of the podiums at different heights. Meanwhile, window installation has started on the lower levels of the first rental tower, which shares a podium with the adjacent office complex.
The buildings on the north end, facing Wellington Street, are also progressing well. The trio are now at approximately 13-, 10- and two-storeys high. The first exterior finishes, consisting of dark red brick panels, have also appeared on the easternmost structure.
In addition to the office and residential components, The Well will feature a large retail galleria that will snake its way between the towers when the project is completed in 2022. This will include a sprawling glass atrium, world-class food markets, innovative retailers and globally-inspired restaurants.
Pricing at The Well starts from $1,280,000. To learn more about the development, visit the project listing on BuzzBuzzHome.