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StockGuru News: Metro One Development (MODI) Announces ‘One’, the Company’s First Residential Design

CONCORD, Ontario, April 18 / — Metro One Development, Inc., a custom builder and property developer in the Greater Toronto Area (’GTA’), Canada, announced today that the Company has introduced ‘One’, their initial residential design. The first of many floor plans being developed, ‘One’ is a 3 bedroom, 4 bathroom, 2500 sq. ft. family home. A copy of the floor plan may be viewed at http://www.metro-one.com/one.html.

Metro One is developing a portfolio of architectural designs, ‘One’ being the first of several under immediate consideration, to appeal to the discerning GTA residential real estate demographic. The Company’s strategy for successful property development is to research areas in which people are buying, and hold strong appreciation value, as well as the type of homes/building designs of interest to them.

Metro One CEO Stuart Turk commented, “Metro One is pleased to introduce a residential design we feel will have market appeal. We are actively considering several strong areas in the GTA for this residential project. Our proprietary designs are shaping up as we focus on an affluent audience’s near term desires, as well as what that market will appreciably bear in years to come. We look forward to introducing many new designs over the course of the next few months.”

About Metro One Development, Inc.

Metro One Development, Inc., www.metro-one.com, plans to develop business as a custom builder and property developer in the greater Toronto area. The company plans to acquire and renovate, either on a contract or speculative basis, properties for development or repurpose, after feasibility studies into the strong real estate appreciation potential of an area. Metro One Development, Inc. plans to strategically target growing affluent areas. As a broad spectrum developer and innovator that intends to cater to the consistently strong greater Toronto real estate market, the company intends to offer unique and exclusively designed — and of exceptional quality — housing, commercial, retail and industrial properties.

This press release contains forward-looking statements that involve a number of risks and uncertainties. Any statement not regarding a historical fact is a forward-looking statement. Important factors that could cause actual results to differ materially from those indicated by such forward-looking statements include, but are not limited to, the company’s ability to finance its planned expansion efforts; the company’s ability to raise funds on acceptable terms; the company’s ability to successfully adapt its business model and such other risks disclosed from time to time in the company’s reports filed with the securities and exchange commission including those on the company’s annual report on form 10-KSB. The company does not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in management’s expectations, except as required by law. Metro One Development, Inc.

Source: Metro One Development, Inc.

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