Dynamic Ventures Corporation announces multi-year, multi-city residential and commercial construction agreement.
SCOTTSDALE, AZ, March 28 /PRNewswire/ - Dynamic Ventures Corp. (OTC BB: DYNV), is pleased to announce the signing of a Letter of Understanding wherein they have been selected as the general contractor for a multi-year, multi-city residential and commercial project by the Annabelle Homes group.
Bundled Builder Solutions, Inc. ( a wholly owned subsidiary of Dynamic) will be the general contractor for several hundred homes in a multi-city area including Stanley, North Dakota and surrounding communities. Along with the residential portion of the project, a minimum of four commercial structures including a gas station / convenience store, office buildings, and a new city hall for Stanley, North Dakota will also be constructed.. The Green Solutions division of Dynamic Ventures, using its energy savings, cost savings, and speed of construction elements, was able to deliver on the business goals of the Annabelle Homes group. Current estimates show Phase I projects, expected to be completed this year, will generate construction revenues for DYNV of approximately $6,500,000.
Annabelle Homes is a development company established with a team of experienced investors and developers who wish to provide the kind of urban design usually only seen in larger metropolitan cities. Dean Dovolis, founder of DJR-Architecture, Inc. in Minneapolis is the lead principal on the team. His extensive work with public agencies, non-profit neighborhood groups, and private developers allows him to quickly recognize significant planning opportunities for the communities. It is not just the construction of houses to satisfy the current shortage but to develop neighborhoods and community. Dean states "This is a 50 year commitment by the communities; care should be taken to build legacy, not just houses."
The projects involve community planning and needs assessment, affordable single family housing, duplex housing, commercial planning, service establishments along with retail pad development and office buildings.
"Our ability to provide speed to market combined with not only initial cost savings, but operational savings, creates a three-legged stool adding increased confidence to our customers' business plan" says Paul Kalkbrenner CEO of Dynamic Ventures Corporation. He adds, "Expect to see more relationships such as this resulting in a team approach between Dynamic Ventures and its customers in delivering quality L.E.E.D Certified buildings to meet the growing demand for such product."
About The Company
Dynamic Ventures Corporation develops and markets efficient construction solutions for residential and commercial buildings. The company offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures.
This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 8-KSB and 10-QSB. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.
SOURCE Dynamic Ventures Corp.
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