First-of-its-kind partnership will serve more communities
Set in Toronto’s vibrant King West neighborhood, The Well is a visionary mixed-use development featuring more than 3 million square feet of retail, office and residential space. At the outset, developers Allied Properties REIT and RioCan REIT joined forces with Enwave to expand its existing Deep Lake Water Cooling (DLWC) system as a more flexible, sustainable alternative to conventional heating and cooling both at The Well and surrounding communities.
Greater capacity, better reliability
Enwave designed and installed a new state-of-the-art thermal storage facility underneath The Well, consisting of a large temperature-controlled tank. The tank is fed by the DLWC system and has the capacity to hold 2 million gallons (7.6 million liters) of water. As a thermal “battery,” the ingenious system can store energy at night during off-peak times, easing strain on the electricity grid and reducing costs. The system is efficient, resilient, and, with greater capacity, can now supply low-carbon heating and cooling to an additional 17 million square feet of space.
Long-term value for a more resilient city
The Well has been lauded as an industry-leading project with long-term value for the City of Toronto and growing communities. Served by more reliable, low-carbon cooling and heating, the project will reduce dependence on the city’s electricity grid. The collaboration – a first-of-its-kind partnership in Canada – demonstrates a future-forward commitment to building more resilient cities. When complete, the project will provide nearby communities with options to save energy and reduce carbon emissions, which is good for customers and for Toronto.