FOR IMMEDIATE RELEASE


   INvue Launches Final Phase and Redefines Condo Living In Okanagan
Iconic luxury condominium offers roof top pool and unparalleled lifestyle options

May 27, 2008, Kelowna B.C. – The Rykon Group, a visionary developer of communities renowned for their master planning and architectural distinction and owner/operator of Manteo Resort, Kelowna’s finest waterfront resort, announced a strategic partnership with Kelowna developer John Ross and are pleased to offer Kelowna resort inspired living.

InVue is a 14-story, 92 home luxury condominium that embraces urban living while offering the resort setting of the beautiful Okanagan. Rykon’s record of delivering quality, value and service excellence lends itself well to the inherently special nature of design style and sophistication being developed at InVue. It includes many lifestyle enhancements not seen before in the Okanagan Valley.

With amazing views of Okanagan Lake and the city of Kelowna from its rooftop pool and outdoor theatre, InVue offers buyers an unparalleled resort lifestyle with urban conveniences such as fitness centre, yoga studio, guest suites and onsite dog wash. InVue has commercial retail space and luxury condominiums in a prime location close to shopping, walking and bicycle trails.

Photo Caption... Photo Caption... Photo Caption...(more photos on request)

InVue luxury condominium features roof top pool, outdoor theatre, fitness and spa.



“InVue is the most iconic building being built in Kelowna and soon it will become an architectural landmark in the Okanagan,” says Adrian Block, president and CEO of The Rykon Group. “The Rykon Group is known for developing projects with distinctive architecture and for offering home buyers an appealing lifestyle so we are very excited to be involved with InVue. The InVue luxury condominiums are of a standard not typically seen in the Okanagan.”

InVue has a glass-curtain and concrete design with triangular balconies that maximize views. Its sleek design and rooftop pool provide an urban elegance to the city skyline. Construction is well underway on the iconic condominium and expected to be finished by mid 2009.

The size of the luxury condominium building is 130,000 square feet with residential suites on the third to14th floors. The 36 remaining homes are mostly two-bedroom suites ranging up to 1,231 square feet and large lofted penthouses up to 2,497 square feet.

Interested parties can register at www.InVueliving.com for more information on release dates.

Additional Facts (source: Canada Mortgage and Housing Corporation, Housing Now, March)
https://www03.cmhc-schl.gc.ca/b2c/b2c/init.do?language=en&z_category=0/0000000070

•    Kelowna’s housing starts surged in February 2008 compared to the year before due mainly to the multi-family sector (condominiums).
•    February’s recent surge in multi-family construction pushed housing starts to the highest level since April 2005.  
•    More first time buyers are turning to townhomes and condominiums
•    Buyers seeking resort property are the fastest growing segment of Kelowna’s condominium market. home construction and real estate sales set more records in 2007.

Contacts:

Scott Henderson, dHz Media
403.921.2001
scott.henderson@dhzmedia.ca

Holly Wood, dHz Media
403.466.3482
holly.wood@dhzmedia.ca

Online Media Centre: http://dhzmedia.ca/page736.htm
(fact sheet, backgrounders, photos, etc.)

InVue
www.InVueliving.com


InVue is an iconic, 14-story luxury condominium that embraces urban living in a world famous resort destination. It is being developed by The Rykon Group and offers residential suites and commercial retail space in a prime location in Kelowna close to both shopping, walking and bicycle trails. Modern and elegant, the condominium caters to convenience and indulgence with lifestyle enhancements including a roof top pool and theatre, fitness centre, yoga studio, guest suites and onsite dog wash. InVue offers sophisticated living for individuals and couples who wish to transition into a resort lifestyle without foregoing the conveniences of urban life.

The Rykon Group
www.rykon.com

The Rykon Group, a visionary developer of communities renowned for their master planning and architectural distinction is based in Vancouver and Kelowna. It has built projects in Western Canada and the United States for more than two decades. Some projects include: the Manteo Waterfront Resort, Kelowna’s finest waterfront resort, Sussex House, a luxury condominium in White Rock, NEWS and NEWS North in New Westminster, South Bay Landing, an elegant community in the lower Mission District of Kelowna and the award winning Monterra in Tsawwassen.  

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