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500 Wellington West 
500 Wellington St W, Toronto
Developer: Freed Developments

500 Wellington St W (Freed, 10s, Core)

Discussion in 'Projects & Construction (high and mid-rise)' started by jaborandi, Dec 24, 2007.

  1. jaborandi

    jaborandi Active Member

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    Today I walked by 500 Wellington West where two workers were arguing as they erected a banner for a new Freed Development. It is to be 8 storeys with full or half floor units ranging from $1.5 M to $5 M. The design reminded me somewhat of the cubey thing proposed for College Street. The site is currently occupied by a 2-storey light industrial building of zero architectural merit. Further down the street there is a Coming Soon sign for 400 Wellington Street West with a registration address www.400wellington.com

    Go west downtown!
     
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  2. urbandreamer

    urbandreamer recession proof

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    Wellington is the new Avenue Rd! I wish I could tolerate condo living--i'd love to live next to attractive single females:)
     
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  3. mysteryman

    mysteryman Active Member

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    hmmm...ironically that 2 storey building of zero architectural merit is occupied by Quadrangle Architects...not particularily known as architects of merit.
    I wonder if the parking lot next door is part of the site.
     
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  4. jaborandi

    jaborandi Active Member

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    I believe that Quadrangle is further down the street closer to 400. I can't recall a parking lot next to 500.
     
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  5. mysteryman

    mysteryman Active Member

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    my mistake...I thought you were referring to 400 Wellington west...Quadrangle is at 380. Anyway, good to see that lot disappearing. If only they would do something about that Globe & Mail mess on the south side of the street.
     
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  6. cabeman

    cabeman Active Member

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    ... aerial image and photos

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]
     
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  7. allabootmatt

    allabootmatt Senior Member

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    Wow. That looks quite fabulous, actually.There are some very handsome old buildings on this stretch--and this site does not contain one of them!

    Wellington between Bathurst and Spadina definitely has huge potential. As I recall the long-term plan by the City involves some large-scale streetscaping, and getting rid of the off-sidewalk parking where it remains. But who knows when that will happen...
     
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  8. ProjectEnd

    ProjectEnd Senior Member

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    Fantastic design! It does look like the old Cube or Blox loft that was destined for somewhere along College or Queen I believe.
     
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  9. Canuck

    Canuck Moderator

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    An emergence of a new "Toronto" style?
     
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  10. ProjectEnd

    ProjectEnd Senior Member

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    Thank GOD...we need it!
     
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  11. investor

    investor Guest

    Agree that it has potential but the south side industrial use puts a very firm lid on the demand for the area. Until that eyesore is removed the street will remain significantly less desirable from a residential perspective.

    Freed is taking on A LOT of land inventory as we pass the apex of the condo boom. Wouldn't want to be his money partner in 2009...
     
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  12. grey

    grey Senior Member

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    Awesome, it looks like Quadrangle's N-Blox! Located very close to Quadrangle's offices, too.. Hmmmmmm....

    [​IMG]

    Based on two proposals, one of which is looking shaky?
     
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  13. TKTKTK

    TKTKTK Senior Member

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    The G&M's property is part of a super-parcel that the Thompson family owns that supposedly extends from Spadina all the way to Draper. There's been rumblings about moving the whole shebang to Agincourt (CTV), but it would act as a serious handicap to attracting new staff (in the same way the Post struggles to convince people that it's worth the drive to Don Mills).

    I expect that once CityPlace is filled in, front street extended, and some provision put in place for covering the railway lands, the Globe and Mail will be given the bum's rush and in its place will rise a whole spate of condos.
     
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  14. maestro

    maestro Senior Member

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    I know nothing of that but have heard that re-development of the site has advanced well beyond rumblings
     
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  15. JasonParis

    JasonParis Moderator

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    The opposite is perhaps more likely...that being that CTV GlobeMeida will relocate all of it's Toronto-area properties into one or two buildings downtown, and allow Agincourt to go the way of development. The CHUM-City building appears to be one such new downtown "campus" for them although I'm not sure where they will put another (along the waterfront maybe perhaps).
     
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