Brand new Toronto neighbourhood in the works - REMI Network
REMI

Brand new Toronto neighbourhood in the works

Thursday, February 6, 2014

A new Toronto neighbourhood, known as The Well, has been proposed for downtown Toronto’s west end. The mixed-use project is the work of three urban developers: RioCan REIT, Allied Properties REIT and Diamond Corporation.

The seven-and-a-half acre community will be comprised of mixed-use buildings featuring residential, retail and office space. Current plans for the development are under review by the City of Toronto.

“Our vision for this community is that those who come to The Well, whether to shop, work, live or all three, will discover opportunities to connect and engage in ways that are often missing from urban life,” says Edward Sonshine, CEO of RioCan. “Each element of The Well — retail, commercial and residential interspersed with pedestrian friendly walkways and open space — will flow together synergistically to create a vital and vibrant community. The Well captures our energy and creativity and provides us with a new landmark.”

Three world-renowned architects have been selected by the developers to help bring their vision to life: David Pontarini, founding partner of Hariri Pontarini Architects; Jon Pickard, partner of Pickard Chilton; and Claude Cormier, founder of Claude Cormier Landscape Architects.

The Well is proposed to border Wellington St., Spadina Ave. and Front St. As planning continues, the developers will maintain discussions with local residents, municipal politicians and planning authorities.

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