Development of 835 Sterling Lyon Parkway Commences

Private Pension Partners Real Estate LP (the “Partnership” or the “Growth Fund”) is very pleased to confirm the launch of our newest purpose-built premium apartment project to be constructed on our remaining 2.29-acre rental development lot in Tuxedo Point which is being branded and developed as “Lux at Tux“. Soon to be one of Winnipeg’s most sought after residential addresses, 835 Sterling Lyon Parkway will be a collection of 133 apartment homes bringing distinctive style and amenities helping to deliver all the comforts of modern luxury. The balanced mix of swift one-bedroom, premium two-bedroom, and opulent three-bedroom suites is intentionally designed for a variety of tenants from millennials to empty nesters and seniors who will enjoy an upscale lifestyle in a top-of-the-line environment. Further helping the project elevate itself from a typical rental building are indulgent amenities including a two-storey indoor heated parkade, state-of-the-art fitness centre, landscaped and equipped rooftop patio, spacious designer lobby, concierge services, car and dog wash stations, and a large tree-lined courtyard serving the broader Tuxedo Point community. Superiorly located in South Tuxedo, one of Winnipeg’s premier residential areas, this project enjoys various demand drivers for multi-family development at its doorstep with the overall trade area’s major value driver being the proximity and locational amenities that Winnipeg’s unique Outlet Collection Mall immediately adjacent to Tuxedo Point delivers!

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