Toronto FourFifty The Well | 157.4m | 46s | RioCan Living | a—A

[idc24]

Any word on potential major retail tenants for the retail centre?

 

[Automation Gallery]

Any word on potential major retail tenants for the retail centre?

Ugh this is 5-7 years from completion?
i think this thing will have to be well into construction before any commitment

 

[pw20]

I'd put money on there being a Winners or Home Sense.... (or BOTH!)

 

[idc24]

That would not be surprising as the Winners on Spadina north of Wellington just recently closed to make way for a mixed use project on it's site. There is also a HomeSense on the west side of Spadina north of King. I am not sure if that location is slated to close.

www.blogto.com/arts/2012/03/will_the_arrival_of_homesense_revive_80_spadina/

 

[idc24]

The Well could also be a feasible location for an Indigo especially as they continue to role out their 'cultural department store' concept such as the new Sherway location. The cinema space may very well be Cineplex VIP location.

 

[someMidTowner]

https://www.newswire.ca/news-releas...ermal-energy-system-in-toronto-673351033.html

Allied, Enwave and Riocan to accelerate expansion of thermal energy system in Toronto

New thermal energy storage tanks at 'The Well' development will provide year-round, low-carbon cooling and heating services to Toronto's downtown west.

TORONTO, Feb. 8, 2018 /CNW/ - Allied Properties REIT ("Allied") (TSX: AP.UN), Enwave Energy Corporation ("Enwave") and RioCan REIT ("RioCan") (TSX: REI.UN) are joining forces to extend Enwave's existing Deep Lake Water Cooling and hot water distribution networks by building a new energy storage facility housed at The Well. The Well is a mixed-use residential, commercial and retail development by RioCan and Allied located in Toronto's downtown west. This joint undertaking will enable westward expansion of Enwave's system, providing both The Well and surrounding communities with access to sustainable cooling and heating solutions. This collaboration is the first one of its kind in Canada and the long-term business agreement will deliver value far into the future.

"This initiative is special in that three, forward-looking companies are collaborating and enabling pioneering ideas to be implemented at a scale greater than each company could achieve alone," said Carlyle Coutinho, President & COO, Enwave Canada. "The development is a reflection of our joint commitment to build resilient, urban communities incorporating intelligent energy solutions and utilizing future-focused technologies."

The thermal energy storage facility consists of two 6-million-litre tanks underneath The Well. The tanks will store temperature-controlled water fed by Enwave's existing Deep Lake Water Cooling system and a newly developed high-efficiency hot water network. It will expand the existing system's capacity with the ability to serve over 20 million square feet of commercial, retail and residential space. As an anchor site, the installation will serve The Well community, and buildings in neighbouring areas, providing the first low-carbon, resilient cooling and heating option for the downtown west community.

"This agreement enables the extension of Enwave's system to The Well and allows our tenants as well as commercial, retail and residential sites in the downtown west and surrounding areas to conserve energy and reduce Toronto's carbon emissions," said Ed Sonshine, Chief Executive Officer of RioCan. "This is a growing focus for many Canadians and we are excited that The Well will support these objectives."

This project will provide long-term benefits for the City of Toronto and support its focus on resiliency and carbon emission reduction. By decentralizing energy supply and reducing the load on the electricity grid, particularly during periods of peak demand, it enables a more reliable and flexible source of energy.

"This is a continuation of our ongoing community-building in King West," said Michael Emory, Allied's President & CEO. "The Well will now actively support two elements of a modern and progressive city: resilience and the need to decarbonize municipal energy supplies. As a mix of different occupancy types exerting their energy demands at different times of day, The Well is ideally suited to a system like Enwave. Also, in facilitating Enwave's expansion, The Well will enable the greater King West community to tap into a low-carbon cooling and heating source."

The Well features 1.1 million square feet of office space, 500,000 square feet of retail and food service space, and 1,800 residential units. Construction on The Well commenced in 2017.

 

[AHK]

February 8th update with photos.

Midday today, the following activities were ongoing:

• On the north side, Wellington Street frontage, excavation was underway in preparation for installation of the retaining wall components, and towards the north-east corner, a crew was installing the lagging;
• Along the west side of the 401 Wellington Building (east side of the lot, south of Wellington) a shoring machine and crew were working away
• In the south east segment, four excavators, a welding crew, and a shoring machine were all working
• The shoring machine was working along the west perimeter of the site.
• My rough count (a challenge with so many pieces of equipment moving around) now eight excavators of various sizes now on the site, six of which were working concurrently earlier today.

Photos, starting with the North-East corner, working south towards the Front and Spadina intersection, and then west along Front Street. (Have to do this after having been piped at the post by someMidTowner - his post on the collaboration with Enwave was seconds before I could hit enter with mine.)

Tieback activities beside the 401 Wellington West Building

A 'Sign' of things to come - by the gate on Front Street - 'Gate 8'

And finally, an overview image of The Well site (from our living room window):

 

[ADRM]

February 8th update with photos.

Midday today, the following activities were ongoing:

• On the north side, Wellington Street frontage, excavation was underway in preparation for installation of the retaining wall components, and towards the north-east corner, a crew was installing the lagging;
• Along the west side of the 401 Wellington Building (east side of the lot, south of Wellington) a shoring machine and crew were working away
• In the south east segment, four excavators, a welding crew, and a shoring machine were all working
• The shoring machine was working along the west perimeter of the site.
• My rough count (a challenge with so many pieces of equipment moving around) now eight excavators of various sizes now on the site, six of which were working concurrently earlier today.

Photos, starting with the North-East corner, working south towards the Front and Spadina intersection, and then west along Front Street. (Have to do this after having been piped at the post by someMidTowner - his post on the collaboration with Enwave was seconds before I could hit enter with mine.)

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Tieback activities beside the 401 Wellington West Building

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A 'Sign' of things to come - by the gate on Front Street - 'Gate 8'

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And finally, an overview image of The Well site (from our living room window):

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You won't be able to tell if the Dome's open anymore!

 

[DonValleyRainbow]

https://www.newswire.ca/news-releas...ermal-energy-system-in-toronto-673351033.html



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This is how we fight climate change folks.

 

[innsertnamehere]

honestly Ontario's power grid is so green now that reducing electricity consumption doesn't change much. This will reduce the reliance on peak hour power - which is the only point that Ontario's grid is still "dirty" as it uses natural gas to bridge peak periods, which is about the least bad fossil fuel anyway.

The way to lower emissions today is through reduced transportation and manufacturing emissions, not through reduced electricity use. Ontario's electricity is mostly clean. There is a reason the province considered making electric heat mandatory in homes starting in the 2030's - it would eliminate the burn of natural gas that happens regularly in most homes in the province and instead source that energy from the much, much cleaner electric grid.

 

[AHK]

Sunday Morning at The Well, and all is quiet. Not a creature was stirring, not even a...

 

[AHK]

A Major Milestone for The Well

It looks like all the site perimeter shoring has now been completed. The last remaining shoring machine at The Well is now being disassembled prior to removal. Not sure how excavation for the two below basement energy conservation water storage tanks will be handled, it may see return of shoring equipment in the future for that work, but for now, it appears that the shoring activities are complete.

 

[Red Mars]

Pics taken Feb 15, 2018

 

[Red Mars]

Pic taken Feb 21, 2018

Passing through the clay layer.

 

[AHK]

And the last Shoring Machine at The Well finally leaves the site.

Meanwhile, excavation activities are continuing at a busy pace, six out of the seven excavators on the site were working this morning, suppling an armada of 70 dump trucks (up from a flotilla of 40 trucks a couple of weeks ago).