Arterra: San Francisco's First Green High-Rise Condos Now Selling in Mission Bay.

SAN FRANCISCO -- Intracorp San Francisco has announced the first release of homes at Arterra, the residential community currently under construction in the fast-growing neighborhood of Mission Bay. Starting September 30, homebuyers are offered their first opportunity to own a home at Arterra. Located between Berry and King streets at Fifth Street, Arterra is part of the 300-acre Mission Bay master-planned development located in the south waterfront area of San Francisco, with easy access to public transportation and to the area's 49 acres of public parks. Arterra is the first new high-rise condos for sale in Mission Bay and is also San Francisco's first "Green" residential high-rise.

Arterra is being built to obtain a LEED certification (Leadership in Energy and Environmental Design) from the United States Green Building Council (USGBC), which recognizes buildings and developers that contribute to the preservation of the environment by building sustainability into new residential communities and to help lessen the impact these communities have on their surroundings. Construction commenced in January, and the finished product is slated for occupancy in early 2008. But starting September 30, buyers are able to select their home early, choosing from Arterra's various floor plans of 1 and 2-bedroom condominiums and town homes. Prices for homes at Arterra start in the mid-$500,000s.

"We're proud to offer Arterra as our debut project in San Francisco," says Dean Givas, President of Intracorp San Francisco. "In addition to being a development suited to the marketplace in a highly desirable area, the building's 'green' aspects are a distinct point of difference when compared to the many other condominium buildings in San Francisco. Arterra not only appeals to that group of buyers who want to live in the Mission Bay neighborhood, but also to those who consider themselves to be environmentally conscious buyers who pay attention to and care about the Bay Area's environment."

Residents of Arterra can do their part to reduce negative impacts on the environment simply by living in Arterra. The buildings will include such eco-friendly, or "green" features, as "living roofs," sod-covered rooftops designed to help reduce heating and cooling costs. Arterra will be the first residential project in San Francisco to be clad in Trespa, a material made from end-of-lifecycle recycled materials and widely regarded as one of the most environmentally friendly products available for faE*ade cladding. Additionally, individual homes will be outfitted with Energy Star appliances and dual-flush toilets.

Arterra's First Release offering will continue through October 6. On October 7, the development will go on sale to the general public. To participate in the first release homebuyers must pre-qualify with Arterra's preferred lender, Wells Fargo Home Mortgage. Interest in this unique Mission Bay community has been terrific. Homebuyers have spent recent weeks acquainting themselves with Arterra's many floor plans, exceptional views, and distinctive features as well as the community's numerous sustainability aspects.

"Arterra was conceived to give buyers greater choice and value in San Francisco's newest desirable neighborhood," says Givas. "Our efficient unit sizes, variety of unit types, and environmentally friendly construction offer buyers a truly unique option among the existing and planned residences in Mission Bay."

About Intracorp San Francisco

Intracorp San Francisco (ISF) is one of the Intracorp Companies who develop primarily high-density residential communities in urban locations on the West Coast. The company evolved from Intrawest, the public operator of "on-mountain" and "on-golf course" resorts. Over the past 20 years, Intracorp has earned a reputation for creative design, quality construction and financial stability evident in more than 6,000 residential units and over $1 billion of housing. Intracorp has operations in Seattle, San Diego, Los Angeles, and Hawaii.