Con-X Construction Ltd a Wholly Owned Subsidiary of Playbox (US) Inc. (PYBX), Has Signed Contracts and Commenced on 3 New Projec
March 23 2011 - 11:26AM
Marketwired
Con-X Construction Ltd. a wholly owned subsidiary of Playbox (US)
Inc. (PINK SHEETS: PYBX), has signed contracts and commenced on 3
new projects for Sarra Homes. One project is in North Vancouver,
B.C. to construct a high end home on a cost plus basis for 1.2
million dollars, the second is a design build home in Crofton, B.C.
for $400,000 and the third is also a cost plus project in the
Shushwaps for 1.1 million dollars.
The President of Con-X Construction, Mr Ricardo Caicedo is
excited to move forward with these small projects, as they are the
test first steps to signing the contract for the 152 homes to be
built by Con-X for Sarra Homes over the next three years. An
agreement has been signed to confirm that upon the satisfactory
completion of these 3 projects Con-X Construction Ltd. will move
forward with a 38 million dollar cost plus management contract to
build a complete green home development on the outskirts of
Vancouver B.C.
These 3 projects will encompass the same principals and green
technology as the complete planned green home community all built
for Sarra Homes. The use of Geo-thermal and Solar in conjunction
with our building design and specific materials will offer not only
very energy efficient homes but also very low footprint living for
future generation.
The subsidized 152 home project, will be a low cost 300-400
thousand dollar single family home project offering very technical
high end green and eco living for a fraction of the normal costs to
the consumer.
Con-X Construction Ltd. is proud to be a part of this
development and will draw on their international connections to
source the materials and manage the project very similarly to the
massive Young Saudi Housing project undertaken in the Kingdom of
Saudi Arabia.
Contacts: Con-X Construction Ltd. Ricardo Caicedo President
1-800-808-9830 general@con-xcommercial.com www.con-xcommercial.com
Playbox (US) Inc. Christopher Glover President 702-666-8574
888-310-2646 (FAX)
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