Amacon Announces the Release of the Highest Piece of Residential Real Estate in Vancouver - The Melville, a 5800 sq.ft. Single Family Home in the Sky

Vancouver's The Melville offers luxury but is still affordable real estate when compared to the global market.

Vancouver, BC (PRWEB) July 31, 2007 -- Amacon, one of Canada's leading development companies, has announced the release of The Melville, Vancouver's evocative new landmark in the sky. The highest residential penthouse in Vancouver, truly offers the art of living... with a 40ft lap pool, elegant landscaped sky garden and a 360° limitless view, and all above the highest, most expensive penthouse in the sky. With a 10 million dollar price-tag, this stunning piece of real estate should be high on investor's shopping lists.

The home that sits on the 43rd floor of The Melville apartment/condo development in the heart of prestigious coal Harbour and over looking Stanley Park, boasts 5,800 square feet of living space reminiscent of a luxury single-family home. It also features breathtaking views of the north shore mountains, ocean sunsets and cityscape, 10-foot ceilings throughout, four bedrooms, five patios, six bathrooms, and of course, that pool, which is only open to other lucky elite owners in the complex.

The new property, developed by the privately-owned Vancouver-based Amacon, will formally "splash" onto the scene July 24th with a pool party for potential investors.

Respected Vancouver realtor Grace Kwok is handling the sale that is expected to garner local as well as international attention from potential buyers. Kwok says this strip of the "Bute Corridor" shall be the "Place to be" with the emergence of the newly built, luxurious highrises and the very chic boutique hotel, "The Loden" due to be opened this fall.

Despite local concerns about high property prices, on the international scale Vancouver real estate is still a "good deal" she says. While the city is certainly on the world's radar screen as one of "the" best places in which to live; it is still the world's most affordable for luxury properties. "That is why there will be strong international interest on this property as well as eight smaller sub-penthouses starting at a very modest $950,000 being offered for sale at the same time," she says.

When you put Vancouver luxury properties up against cities such as Moscow, London, Tokyo, New York or Paris the price tag is bargain-basement.

So just what will $10 million buy?

Well, a lot of good design, and buckets of creature comforts including:

•The Loden hotel (next door) will arrange room service, valet and housekeeping services

•A home designed by Michael Booth and Jeff Morter of San Francisco based design firm Bamo Inc.

•Custom, high quality appliances

•Private 3-car garage

•Finishing materials that include pebble stonewall, hardwood and honed slate countertops in bathrooms and natural finish granite countertops

•The buyer will also get the privilege of designing his or her own space themes varying from Pacific Northwest, modern classic or European opulence

•A sky garden and pool and all the other baubles of modern living such as a Fitness centre and media room

•And, of course, 24-hour concierge service

Its location puts The Melville in the very heart of downtown activity. Stanley Park, Robson Street, Pacific Centre and the downtown business district are virtually at your backdoor and your neighbour is Vancouver's newest luxury boutique hotel the Loden, also developed by Amacon. The hotel is managed by the hip Los Angeles based Kor Hotel Group.

Amacon is family-owned and one of the most recognized development companies in Canada with projects under development in Ontario, Alberta, B.C. and California. Recent prominent Vancouver projects include the Loden hotel and Brava residential towers with The Vancouver International Film Centre & Vancity Theatre.

For high-resolution, publication ready images (including images at right) contact: Pamela Groberman Media & Public Relations

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