Construction on The Well expected to complete in Summer 2023
The Well is one of the largest multi-use developments in Canadian history, scheduled to finish construction in June 2023.
Covering a total of 7.8 square acres, The Well features six residential towers of 14-46 stories, and a 36-story office tower with three floors of extensive retail space on the ground level. All seven buildings are being worked on simultaneously – a massive undertaking that has seen up to 900 construction workers on-site at one time.
The build reached several milestones this past spring, including the completion of a 35,000 square foot outdoor glass canopy that will shelter pedestrians traveling the main thoroughfare below.

Boston Valley’s TerraClad© covers the façade on the lower levels of the Building E tower.

The Well rendering by architect BDP London. Terra cotta façade is visible to the right.
Boston Valley’s TerraClad® product is being used on the exterior façade of Building E, visible in these images as a white panel system. The panels are fitted to a number of arched windows, as well as a tall arcade spanning the bottom levels. These terra cotta units are of a large scale, designed for manufacture and installation on our standard track and clip rainscreen system.
Despite the scope of the project, work is being completed in-situ (stick-built construction) without the use of unitized components as one usually sees with larger façades. With the inclusion of TerraClad® in the design, The Well is expected to nicely complement the historic brick architecture of the surrounding King Street West neighborhood.

The lower portion of the TerraClad© façade features an arcade concourse.

Archway detail on The Well façade.
Developers RioCan and Allied Properties have already leased 70% of the The Well’s retail space – future tenants range from fitness studios and health clinics, to fashion brands and restaurants. The concourse level will be dedicated to the 70,000 square foot Wellington Market, housing over 50 food and drink vendors from the Toronto region.
“The Well is a transformational project and one of the most complex, multi-faceted developments Toronto has ever seen. This is choreographed city-building, and the carefully curated retail mix will play a vital role in establishing The Well as a vibrant, lively destination for residents and visitors to Toronto.”
– Jeff Ross, Senior VP at RioCan Real Estate Investment Trust
The design architect on The Well project is BDP London, while the architect of record is Adamson Associates. The installer is Clifford Masonry, and the general contractor is Deltera.
Sources: Urban Toronto | ConstructConnect | Retail Insider