Toronto The Well | 174.03m | 46s | RioCan | Hariri Pontarini

Sept 24, 2023

The street view is looking way better without the blue hoarding,

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Sept 16
90 more up on my site
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I know the books are on the shelves and they look ready to open any time now, but with 3 days left in September and the sign on the window still saying "open (sic) date TBA", I think Indigo is not going to open this month.
Not until Oct when a number of other places are schedule then
 
Was going to shoot the list of retail opening first, but got side track shooting the site and never did. Close to a dozen opening in Oct with most I never heard of. BMO will be the first bank to open.
 
The article states that FourFifty is only 30% leased even though leasing started last March and move-ins began on August 1st. Must be their stratospheric rents (and their poor designs, but this seems to be a universal feature these days).
A lower occupancy rate for the rental may not be unusual given that you could only move in starting in August. Things will likely pick up now. Also interesting is the occupancy of the condominiums. With over 1700 units that will probably have an impact on this once quiet corner of the city as far as future development and liveliness go.
 
I was shocked at the rents of the smaller res buildings on Wellington, many of them have enormous terraces bigger than the unit or multiple balconies, and they seem to have counted the outside square footage as if it were actually useable space. There are very tiny units that have 3x the space outside but it is priced as if you could use that space all year lol
 

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