Molasky Pacific Hosts The Ellington’s Sales Center Opening With Ribbon-Cutting Ceremony on January 16, 2008

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The Ellington Will Feature 134 Premier Upscale, High-Rise Condominium Homes in Jack London Square

OAKLAND, Calif., Jan. 14 /PRNewswire/ — The Ellington’s much-anticipated Sales Center Opening will begin with an official ribbon-cutting ceremony on January 16, 2008 at 1:30 pm at 130 Webster Street in Oakland. Las Vegas-based developer, Molasky Pacific, is inviting Oakland dignitaries, the public and media to join them in celebrating the official opening as well as take part in unveiling the new sales center. The ribbon cutting is the first in a series of events being hosted by the developers at the Sales Center over the coming months.

According to Chris Davidson, Vice President of Development for Molasky Pacific, “The ribbon cutting is sort of the official 'kick-off’ of our events season. We will be hosting all kinds of exciting events — everything from live performances by some of Oakland’s best musicians to art exhibits. It’s our way of inviting Oakland to see their newest gem — The Ellington. We want everyone to share in the excitement that comes along with something this unique and special. It's something we are very proud of, without a doubt.”

The ribbon cutting ceremony will commence at 1:30 pm at the sales center located just around the corner from The Ellington, which is currently under construction at 2nd and Broadway in Jack London Square. Invited guests, the media and public will be among the first to experience The Ellington and meet development and sales teams while enjoying light appetizers and refreshments. Molasky Pacific has invited key city officials and staff, community members, business professionals, real estate professionals and representatives of the media to this milestone occasion.

“We are eager to officially unveil our sales center to the public,” says Mr. Davidson, “The sales center has been designed to create an atmosphere comparable to that of the finished product at The Ellington; homebuyers will be able to take in stunning city and bay views, explore the luxurious kitchen and bath replicas that are built out in the sales center and experience this unparalleled Jack London Square neighborhood. We want our visitors to leave knowing that The Ellington has lived up to all that it is said to be — visionary design and sleek sophistication. At The Ellington expectations can be held high, as this community is sure to surpass and surprise all who await its opening.”

About The Ellington

This residential high-rise community will feature 134 condominium homes and is situated at 2nd and Broadway. Soaring 16-stories and making its mark on Oakland's skyline, The Ellington features one- and two-bedroom condominium homes and two-story penthouse suites. Bringing luxury living to Oakland's waterfront, The Ellington's building amenities include: 24-hour attended lobby, electronically controlled access to lobby, concierge services, 50-foot outdoor heated pool and spa, fitness center, clubhouse, Wi-fi throughout and controlled-access parking garage. Each residence also features a number of well-appointed amenities, including: hardwood and tile flooring, walk-in closets, expansive balconies, 9-foot, 4-inch ceilings, Bosch stainless steel appliances, designer cabinetry, granite counter and vanity tops, Hansgrohe and Moen fixtures, and washer and dryer hook-ups.

About Molasky Pacific

Among the premier private real estate developers in the United States, Molasky Pacific and its principals have developed and acquired more than 25,000 multifamily units since 1985. The firm’s current focus is on adaptive reuse projects, redeveloping former retail, hotel and industrial sites for much-needed residential space. Sites are carefully selected for favorable transportation, employment, shopping and entertainment, and creatively balance density, parking, amenities and architectural design to maximize quality of life. The Ellington condos are an example of the firm’s finest urban homes.

SOURCE Molasky Pacific

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