58-story tower announced; The Well progresses.

Pei Partnership-Designed Tower for Yonge and Eglinton

A 58-story condominium tower designed by Pei Partnership Architects with Toronto-based Quadrangle will be one of the latest additions to the red-hot Yonge and Eglinton area, with the podium formed and floors beginning to ascend late this spring, Urban Toronto reported. Tower Hill Developments is behind 2221 Yonge in Midtown, which began construction in 2015 and will provide 623 condos, 1,994 m2 of retail and 3,314 m2 of office space. Design elements include a window wall system with glazing, opaque gray spandrels and louvers framed in gray mullions onthe podium.

Work Continues at 7.8-Acre Mega-Site

The intersection at Front Street and Spadina Avenue is seeing progress on the 7.8-acre mega-site known as The Well, UrbanToronto reports. The project from Diamond Corp., Allied Properties REIT, Rio Can REIT, Tridel and Woodbourne will include a new 36-story office tower, condominium and rental buildings, pedestrian plazas and a 432,777-ft2 retail galleria. There will be six residential towers and three condo towers on the lot — the tallest of which will be 46 stories — along Front Street. The site also includes a large underground water cistern. This will expand the city’s energy-efficient, deep lake-water cooling and solar thermal system. Adamson Associates Architects is listed at the architect for the entire project.