There’s always some uncertainty about what the new year will bring, but Torontonians can expect at least one thing in 2023: construction, and lots of it. 

From housing developments to road construction, there are hundreds of projects in the works across the city.

Here are a few major development projects you can expect to make headlines in 2023. 

After years of anticipation, The Well, located on Front Street West and Spadina Avenue, will open its doors to the general public this year.

It’s a 3.2-million-square foot development that occupies eight acres (3.2 hectares). There will be six residential condo buildings, 1.2 million square feet of office space and 350,000 square feet of residential use. 

The Well’s shopping and entertainment area will be a four-tiered, open-air structure covered with a glass canopy. The area known as Wellington Market will feature fresh food markets and high-end restaurants. There will also be space for entertainment, such as concerts.

Dozens of foot-wide pedestrian street-style corridors, inspired by European architecture, will allow people to enter the area from different streets. 

“It feels intimate and it feels like it fits into the surroundings around it. I am biased, but I think we have done a really good job,” said Jonathan Gitlin, president and CEO of RioCan Real Estate Investment Trust. 

“I think it really will create a mark in Toronto that is going to be recognizable and known as a place to be for many years to come.” 

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