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I am so impressed by The Well. I walked through it this afternoon after a meeting at BDP Quadrangle's office, and I think that once it's fully open and stabilized, it's going to become an instant icon and destination in the city of Toronto. So much so that when people visit Toronto, they're going to come to The Well to take a photo under its glass canopy. Just watch.
Right now, only a portion of it is accessible to the public and it's because there's a BMO bank branch on the lower level that is open and operating. It's all by itself right now, though, so if you bank with BMO, maybe pop by and say hello.
Now, if you're a naysayer, I would imagine you're probably thinking at least two things. You're thinking of the office space that Shopify left behind. And you're thinking that open-air malls maybe aren't well suited towards the Toronto climate. When our group walked through it today, Matt Young (of Republic Developments) immediately said that it felt like something from California.
I don't really get this climate argument though. Mainly for two reasons: (1) because winter clothes exist and (2) because we have lots of other open-air malls throughout the city that are doing just fine. Except we don't call them open-air malls, we just call them streets. And the way they work is that people walk outside, and then go into various retail establishments.
On the office piece, well, you all know how I feel about office.
Congratulations to everyone involved in The Well. It is an accomplishment that you should all be very proud of, and our city is better for it. I look forward to seeing it continue to take shape.
The Globe and Mail lands in Toronto, located between Front Street and Wellington Street, west of Spadina Avenue, have been in play for quite some time. But since the Globe and Mail confirmed last year that it would be moving its headquarters to a new First Gulf office building on King Street East, the lands opened up as a prime redevelopment opportunity.
Earlier this week I discovered the plans. It’s a new mixed-use neighborhood called The Well. And it’s a partnership between Allied Properties REIT, RioCan and Diamond Corp, with the master plan design being prepared by Hariri Pontarini Architects.
Here are a few photos.
Wellington Street looking east:
Wellington Street looking west:
Laneway looking south into the development site:
And here are some high level stats:
7.7 acre site (Globe and Mail lands)
Encompasses Draper Street, which is a heritage designated street
Approximately 500,000 square feet of retail space
More than 1,000,000 square feet of commercial office space
More than 1,000,000 square feet of residential space
From the early renderings, the project looks incredibly promising. Wellington Street East is a great street, but the south side of it is currently a mess. With a new lining of well designed midrise buildings on it, the street could be spectacular.
I like that there seems to be a focus on creating a fine grain network of streets and laneways. And it’s making me think that this stretch of Wellington could work really well as pedestrian only. Both ends of the street terminate in a park (Victoria Park on the west and Clarence Square on the east), which would make it a really beautiful (dumbbell shaped) urban space.
This is something Toronto doesn’t have today. This could be our opportunity.
I am so impressed by The Well. I walked through it this afternoon after a meeting at BDP Quadrangle's office, and I think that once it's fully open and stabilized, it's going to become an instant icon and destination in the city of Toronto. So much so that when people visit Toronto, they're going to come to The Well to take a photo under its glass canopy. Just watch.
Right now, only a portion of it is accessible to the public and it's because there's a BMO bank branch on the lower level that is open and operating. It's all by itself right now, though, so if you bank with BMO, maybe pop by and say hello.
Now, if you're a naysayer, I would imagine you're probably thinking at least two things. You're thinking of the office space that Shopify left behind. And you're thinking that open-air malls maybe aren't well suited towards the Toronto climate. When our group walked through it today, Matt Young (of Republic Developments) immediately said that it felt like something from California.
I don't really get this climate argument though. Mainly for two reasons: (1) because winter clothes exist and (2) because we have lots of other open-air malls throughout the city that are doing just fine. Except we don't call them open-air malls, we just call them streets. And the way they work is that people walk outside, and then go into various retail establishments.
On the office piece, well, you all know how I feel about office.
Congratulations to everyone involved in The Well. It is an accomplishment that you should all be very proud of, and our city is better for it. I look forward to seeing it continue to take shape.
The Globe and Mail lands in Toronto, located between Front Street and Wellington Street, west of Spadina Avenue, have been in play for quite some time. But since the Globe and Mail confirmed last year that it would be moving its headquarters to a new First Gulf office building on King Street East, the lands opened up as a prime redevelopment opportunity.
Earlier this week I discovered the plans. It’s a new mixed-use neighborhood called The Well. And it’s a partnership between Allied Properties REIT, RioCan and Diamond Corp, with the master plan design being prepared by Hariri Pontarini Architects.
Here are a few photos.
Wellington Street looking east:
Wellington Street looking west:
Laneway looking south into the development site:
And here are some high level stats:
7.7 acre site (Globe and Mail lands)
Encompasses Draper Street, which is a heritage designated street
Approximately 500,000 square feet of retail space
More than 1,000,000 square feet of commercial office space
More than 1,000,000 square feet of residential space
From the early renderings, the project looks incredibly promising. Wellington Street East is a great street, but the south side of it is currently a mess. With a new lining of well designed midrise buildings on it, the street could be spectacular.
I like that there seems to be a focus on creating a fine grain network of streets and laneways. And it’s making me think that this stretch of Wellington could work really well as pedestrian only. Both ends of the street terminate in a park (Victoria Park on the west and Clarence Square on the east), which would make it a really beautiful (dumbbell shaped) urban space.
This is something Toronto doesn’t have today. This could be our opportunity.
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