Opening Phase of Retail at The Well in Downtown Toronto
For immediate release.
Friday, December 1, 2023
Image source: The Well official website
The Well, Toronto’s first true mixed-use community, has officially opened the doors to its retail space. The 320,000 square feet of thoughtfully designed indoor and outdoor shopping space was marked by a ribbon-cutting event on November 17, 2023. The Well is positioned as the central hub for the vibrant King West district. It invites Torontonians to immerse themselves in a cutting-edge, all-in-one experience that seamlessly integrates eating, shopping, working, living, and playing.
In partnership with Precise ParkLink, The Well has introduced a revolutionary and digitally-driven parking solution. Leveraging best-in-class gated parking technology focusing on cashless payments and integration with the Parkedin™ mobile parking platform. The Well ensures seamless, effortless and convenient parking for all visitors, catering to this forward-thinking and tech-savvy environment. To further elevate the customer experience, IPARC™, Precise ParkLink’s 24/7 live central monitoring centre, is positioned to deliver exceptional customer service for those visiting, working and living at The Well.
Anthony Casalanguida, General Manager at The Well, mentions, "We are thrilled to unveil three floors of retail space, equipped with top-tier parking technology and management. Understanding that convenience and simplicity are essential to a seamless urban experience; our new parking system is tailor-made to meet customers’ needs in this digitalized world."
“We have remained dedicated to improving parking experiences within the commercial and mixed-use sector for over 25 years,” says Bosco Tse, Client Relations Manager at Precise ParkLink. “It is our honour to collaborate once again with RioCan REIT to elevate the parking experience at The Well, aligning with their commitment to redefining urban living and leisure. This new parking solution further strengthens The Well's position as a transformative hub for residents, visitors and employees."
Precise ParkLink is dedicated to ensuring a smooth and efficient implementation of The Well's innovative parking solution. We eagerly anticipate a long-lasting partnership with RioCan REIT, further enriching their property portfolio in the years ahead.
ABOUT THE WELL
The Well is a joint venture between RioCan and Allied. Situated at Front, Spadina, and Wellington, spanning more than three million square feet, The Well comprises seven mixed-use towers and mid-rise buildings. This interconnected mixed-used development introduces new residential housing and a relevant urban streetscape of retail experiences and concepts in approximately 320,000 square feet of indoor and outdoor space, and workspace solutions for thousands of users across 1.2 million square feet of office. Once complete, The Well will draw approximately 22,000 daily visitors from down the street and across the globe to eat, shop, work, live, and play in Toronto, including the approximately 11,000 residents and employees who will live and work at The Well. To learn more about The Well visit www.thewelltoronto.com.
For more information, contact:
Cassandra Carchesio
Interim Manager, Marketing & Communications
Precise ParkLink
Anthony Casalanguida
General Manager
The Well