Executive Group

Executive Group

December 15, 2008 20:10 ET

Vancouver Based Executive Group of Companies Set to Complete the Parc Exclusive Residences Tower in Mid 2009

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2008) - The Executive Group of Vancouver is pleased to announce the projected completion date of mid 2009 for receiving occupancy permit at its Parc Exclusive Residences Tower project in Coquitlam, British Columbia. The 18 story tower being developed and constructed by the Executive Group is the first phase of a two phase project announced by the company 2 years ago.

Salim Sayani, President of the Executive Group, stated, "The luxurious Parc Tower is sure to set a new benchmark of condominium high rise living in Greater Vancouver. This trend setting "boutique style" tower blends many aspects from our boutique hotel collection with the contemporary styling of a glass encased residential tower."

The Parc Exclusive Residences Tower launched its 96 units for pre-sales in 2007 with over 90% of the homes being quickly sold as result of the project's premiere location, stylish architecture and interior design and unique hotel-style amenities such as personalized wine storage cellars. The remaining few units will be available for sale upon the projects completion in mid 2009.

The eagerly anticipated Phase 2 of the Parc Project is set to announce a construction date once interior design and landscape planning has completed.

About The EXECUTIVE GROUP OF COMPANIES

Established in 1984, the Executive Group of Companies develops quality projects that stand the test of time in North America. The company has been fulfilling the need for exceptional residential, commercial, industrial and hotel development throughout its history. Known for quality workmanship, excellent customer service and attention to detail, the Executive Group of Companies maintains its reputation by fulfilling the needs of the end user of its projects. Developing strong services and amenities as a component of its residential projects has been a landmark of Executive's developments. The Executive Group's serviced residential projects are often developed on conjunction with the group's Executive Hotels & Resorts hotel development division. With over 2500 residences or single-family home lots developed and sold over the past 20 years, Executive has established itself and its reputation for successful housing projects within the marketplace. Workmanship, quality materials and customer satisfaction are what to expect from the Executive Group of Companies.

RECENT LANDMARKS INCLUDE:

The Portofino Tower & Executive Hotel Downtown Vancouver, Canada

The Executive Tower and Plaza Hotel Richmond, Canada

The Executive Plaza Hotel Coquitlam, Canada

Encore Lifestyle Residence, Coquitlam, BC, Canada

Emerald Hills Estates Senior Living, Washington, US

Executive Place Tower

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