UrbanToronto has a beautiful new evening rendering of Picasso Condominiums. This one givies us an idea of how the tower will be viewed when looking south down Beverley Street.

Picasso, 318 Richmond Street, Toronto, Monarch Corporation, Teeple ArchitectsPicasso Evening Rendering, courtesy of the Monarch Corporation

The current development is the second design for the site, built by the Monarch Group and the Goldman Group, and designed by Teeple Architects. The Project will be an anchor at the foot of Beverley Street, rising above the existing retail on Queen Street West, between Peter and John Streets. Picasso will include a 3-storey retail and commercial podium on Richmond Street, and a 39-storey, 400 unit residential tower.

Abstract white elements protude from the tower, highlighted with red accents, and accentuated by (what we hope will be well-maintained) lush terrace gardens. The design allows will allow for a variety of units, with unique views of the surrounding city, and brings a new level of architectural design to condominium development.

Picasso, 318 Richmond Street, Toronto, Monarch Corporation, Teeple ArchitectsRichmond Street view of Picasso Condos by the Goldman Group and the Monarch Group - Artist concept. E.&.O.E.

While Picasso clearly stands out from many of the glass-box developments in Toronto, it's going to be facing some pretty stiff competition in the direct neighborhood - 12 Degrees, developed by BSaR and designed by Core Architects, will be going in just up Beverley, and will provide an interesting low-rise contrast to Picasso.

We look forward to seeing more great renderings of Picasso, and will keep you posted of any new information we receive - to keep up to date and to join in the conversation, check out the Forum here; to see more great renderings, go to our dataBase listing below.