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An artists’s rendering of 139 Tuxedo built by Karma Developments

 
STRONG INTEREST IN LUXURY CONDO DEVELOPMENT ON SOUTH WEST CORNER OF ASPER CAMPUS-OVER 13 DIFFERENT FLOOR PLANS

Interested parties should visit 139tuxedo.com and register for a VIP invitation to our pre- sales event prior to being open to the public

by Rhonda Spivak, October 5, 2016

 
 
 

Karma Development is excited to announce their plan to build a  68 unit 5 story luxury condo development . Located on the south west corner of the Asper Jewish Community Campus, the development is to be known as 139 Tuxedo. "This will be  the first new condo  development in North Tuxedo in over 20 years, and the location is second to none” says Miles Kraut, President  and co-founder of Karma Development.

 

In addition to being close to the Asper Campus, 139 Tuxedo is in close proximity to Assiniboine Park/Zoo, riverside paths along Wellington Crescent, and Tuxedo Shopping Centre . "139 Tuxedo is a perfect  location," says Marc Kipnes, the other co-founder of Karma Development and its chief financial officer.

 

The Asper Campus  put out a request for proposals for the site and Karma Development's bid was chosen over 8 others. "We definitely wanted to be the ones to build this project and  ensure the highest quality development," says  Kraut. 

 

Since the site is a designated heritage site,  the exterior will  feature  limestone and Manitoba stone, similar to  the exterior of the Asper Campus building. 

 

During pre-construction sales condo  buyers  will receive a  free membership to the  Rady JCC, just a stone’s throw away. The facility offers a state of the art fitness centre pool and gym.

 

Kraut  anticipates that the condo development  will be very attractive to both empty nesters and young professionals. As Kraut notes, the condo development will be very attractive to grandparents who have grandchildren enrolled at the Gray Academy. "Grandchildren can easily  go over to  Bubby and Zaida's  after school. Bubby and Zaida pick them up after school. Additionally condo buyers have easy  access to the  variety of great programs going on at the Asper Campus throughout the year , be it musical concerts to film festivals . I think there will  a real synergy between 139 Tuxedo and the Asper Campus," Kraut says.

 

 

"There are 13 different floor plans  ranging from a 815 square foot  2 bedroom, to a much larger  2300 sq ft condo. We have something for everyone, from young professionals to empty nesters ,to those who are upsizing or downsizing. 139 Tuxedo has it all,"  Kipnes told the Winnipeg Jewish Review.

 

The condos will  range in price from $270,000 to $1,000,000. Kipnes says that there are  20 condo units  in 800- to 900-square-foot range,priced from $270,000 to the mid $350,000 , to accommodate all budgets. "For example, this type of condo unit will have strong appeal to young professionals  who have extended family living in Tuxedo, and want to be close by their family, " Kraut explains. 

 

The condo complex will be built with steel and concrete. Kraut and Kipnes emphasize that the standard features of every condo unit at 139 Tuxedo will  have the top quality  finishings. Finishes will include: engineered hardwood flooring, quartz countertops throughout, gas cook tops/ranges, stainless steel appliances , over-sized showers, heated porcelain tile ensuite floors, and much more. "All of the ceilings are 9 feet high and 10 in the penthouse," Kipnes adds.

 

 

"Everything will be top quality, minimizing the need for upgrad

 
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Rhonda Spivak, Editor

Publisher: Spivak's Jewish Review Ltd.


Opinions expressed in letters to the editor or articles by contributing writers are not necessarily endorsed by Winnipeg Jewish Review.