It has long been joked that Toronto has two seasons; winter and construction. Though the saying has historically applied to our never ending road “upgrades”, its applications have broadened in recent years. With spring now in full swing, many new downtown residential developments are kicking into high gear for the warm summer months ahead. Of the many new projects that have broken ground over the long, grueling winter, few have stirred as much interest within the community as Picasso Condominiums, a 39-storey tower now under construction at Richmond and Widmer in the Entertainment District.

Picasso Condos, image courtesy of Monarch/Goldman

The Teeple Architects-designed tower will rise 406 feet above Richmond Street while also creating an impressive terminating vista for those looking south along Beverley Street. What truly sets the cheekily named Picasso apart, however, is the design of the building. (As condos go, is this cubist design?!) Where the recent condo building boom has brought about many buildings which are often euphemistically referred to as “conservative” (read: glass box), Teeple’s boldly jumbled elevations shun the glass box aesthetic, instead taking a creative, asymmetrical approach on high-rise living. 

North York-based contractor Michael Brothers Excavation and Grading are currently working on excavating the site, with the pit now at a depth of two to three storeys. In the following photos, we can see the progress on site as of May 15.

Excavation progress at Picasso, image by Jack Landau

Excavation progress at Picasso, image by Jack Landau

Excavation progress at Picasso, image by Jack Landau

Developed by Monarch Corporation in partnership with Goldman Group, Picasso will bring 402 condominium units to the burgeoning Entertainment District. Once complete, the development will offer amenities including a 24-hour concierge, game room, gym, movie, party room, roof deck and sauna.

Picasso Condos, image courtesy of Monarch/Goldman

For additional information including building facts, renderings and floorplans, please visit our dataBase page, linked below. Want to get involved in the discussion? Check out the associated Forum threads, or voice your opinion in the comments section provided below.

Related Companies:  Flynn Group of Companies, Mattamy Homes, Peter McCann Architectural Models Inc., U31