Mayor John Tory and other dignitaries from RioCan and Woodbourne Join Tridel to Present The Well
Soon to be home to Toronto’s most anticipated master-planned community, the condominium residences at The Well, located at Front and Spadina, was officially launched on Monday, June 3rd, 2019 by executives from Tridel, RioCan, Woodbourne and Mayor John Tory.
“The Well has the ability to transform the downtown core and create an entirely new community,” says Mayor John Tory. “Investments like this are a reflection of the growth we are experiencing in Toronto and the confidence that businesses have in our city.”
This astounding mixture of retail, commercial, condominiums and rental residences in downtown Toronto will host approximately 10,000 people on a daily basis who live and work at The Well.
The Well Community
A unique mix of shops, restaurants, workspaces, and residences, The Well is a natural extension of King West and will reinvigorate and transform the corridor between Front and Wellington Streets, west of Spadina Avenue. Comprised of seven mixed-use towers, The Well is set to become a hub for the ultimate lifestyle experience in downtown Toronto, complete with signature condominiums, purpose-built rental suites, a world-class food market, innovative retailers, globally-inspired restaurants, modern office spaces, and much more.
“The Well is a transformational project and one of the most complex, multi-faceted developments Tridel has ever worked on,” said Andrew DelZotto, Executive Vice President, Tridel. “This is choreographed city building, and it’s an honour and privilege to know that together with our collaborators at RioCan, Allied REIT and Woodbourne, we are generating billions of dollars in economic activity and contributing directly to the growth of Toronto and the GTA as a whole.”
In total, The Well will offer space for 5,000 new office jobs, 1,200 new retail jobs, and over 750 new condominiums by Tridel.