The Standard and Poor’s Index was established in 1957 with 500 corporate giants of the day making the list. In 2017, only 60 of the original firms remain on the list. That is an attrition rate of eighty-eight percent. Along the way, 440 of these companies succumbed to bankruptcy, mergers or acquisitions. Some exist today but are now too small to make the list. By 2012, the average tenure of a Fortune 500 company had dropped from 33 years to meagre 18 years. Continue reading It’s the people, stupid!
It’s not an illusion that more and more young people are spending their time downtown.
“Young people are grabbing hold of their downtown, making it their own,” says Jason Syvixay, Managing Director of the Downtown Winnipeg BIZ. “They see the downtown as a hip place to live – with unique cafes, restaurants, clubs, and community gathering places – that are all within walking distance and pedestrian-oriented.”
It’s the truly urban lifestyle that they’re chasing – and they’re finding it at District Condos in the East Exchange.
Historic buildings that have been converted into dreamy open-concept lofts, each suite at District has its own character with original brick walls, exposed wood beams and ceilings. Sizes and layouts also vary with studio, one-, two- and three-bedroom options.
Winnipeg’s StreetSide Developments preserved the character of the buildings while converting the spaces for modern functionality.
With nearly 24,000 students learning and lingering downtown, there was demand for increased downtown housing.
“We wanted to solidify our commitment to Winnipeg and its downtown, and offer Winnipeggers the rewarding urban lifestyle they’d expect from bigger city centres right here at home,” says Marty Maykut, Vice President of StreetSide Developments. “They can also access it affordably, with remaining suites starting from the low 200’s.”
The District Condos commitment spans nearly an entire city block’s worth of buildings (seven in total) – three of which have already been developed, with one completely sold out. Select move-in-ready suites are available at 110 James Ave. and 132 James Ave.
With so much diversity in the suites’ dimensions, four distinct floorplans are staged and available for viewing at 110 James Ave.
Each one showcases the century-old exposed beams and brick, large new double-pane windows, and towering 10- to 14-foot ceilings – with all of the old world charm complemented with contemporary finishes.
With rising interest in the downtown lifestyle, and help from StreetSide’s investment, Winnipeg will see a growth of 3,500 more people establishing homes downtown over the next few years, creating a like-minded community of nearly 20,000 urban dwellers.
Perhaps the biggest draw to call the downtown home is the unfettered access to boutique restaurants, shops, and any number of sports, arts and cultural institutions.
“I think the best thing about living here is feeling like we have so many good options for spontaneous activities,” says Jason Sheldon, a resident at District. “We don’t need to plan excursions – we can just hop on our bikes and enjoy any number of activities within a few minutes.”
“I consider the entire Exchange District our backyard,” adds Jason’s wife, Jenny-Lynn. “We really wanted a place that matched our lifestyles – and we have found it in the Exchange.”
District Condos’ display suites at 110 James Ave. are available for viewing Monday to Thursday, Saturday and Sunday. Visit districtcondos.ca for more information, or call 204-942-3584.