Michael De Cotiis President & CEO email@example.com PINNACLE INTERNATIONAL Corporate Office
911 Homer St Suite 300
Vancouver, BC V6B 2W6 604-602-7747 fax 604-688-7749
Quotes from Mr. De Cotiis: From http://www.pinnacleresidences.com "The Pinnacle in San Diego is the culmination of all we have learned designing, planning and constructing landmark buildings in North America. Securing the finest on-the-bay location in Marina has inspired our team to create San Diego's ultimate urban residence, unrivaled by any other in California."
From http://www.pinnacleinternational.ca/about.htm "We at Pinnacle International have expressed our vision and ambition through developments. We share our pride and our reach internationally, to meet the challenge of the new millennium."
From http://bellagio.pinnacleinternational.ca/builder.html "At Pinnacle International, our goal is to create projects that are unique from initial concept to architectural landmark"
News Article: The following article appeared in the Vancouver Province http://www.primetimecrime.com/Recent/Organized%20Crime/VP20051211DeCotiis.htm
De Cotiis family at odds again
By Keith Fraser & Elaine O'Connor Dec. 11, 2005 Vancouver Province A long-running feud in a family whose name is tied to some of Vancouver's biggest real-estate developments has once again spilled into B.C. Supreme Court. This time, it comes complete with allegations of threats, assaults, intimidation - and even of a contract to kill a family member. In an unusual civil suit, Donato De Cotiis, 44, is seeking a court injunction and damages to protect himself from eight family members named in a statement of claim. The lawyer representing those named as defendants says the allegations are "unfounded, untrue and have no substance." In the late 1980s, there was a falling out of four De Cotiis brothers who came to Canada from Italy in the 1950s and over the years built a huge real-estate development business. Donato's father, Marcangelo, and Donato sued Marcangelo's three brothers and eventually settled for about $25 million, said Donato's lawyer, Daniel Barker. Several years ago, that lawsuit was reopened and Donato claims he has faced a series of threats and assaults since then, including a threat on his life, according to the new suit. He alleges that on or about March 2003 he was informed by Det. Gerry (sic) Sparks - who may in fact be Det. Gary Sparks - of the Vancouver police that someone had put out a contract to have him killed. Police interviewed several members of the family, including Michael De Cotiis and the late Amalio De Cotiis, the brother and business partner of Michael De Cotiis, and Marcello De Cotiis, the son of Amalio, the writ says. The allegations in the suit have not yet been proven in court. No statements of defence have yet been filed. Other allegations include:
From the San Diego Union-Tribune:
By Martin Stolz, UNION-TRIBUNE STAFF WRITERJune 1, 2005 East Village in downtown San Diego will have a park on J and 14th streets under an agreement reached by the city and the developer of two condominium towers on the block.
At nearly three-quarters of an acre, the park is to have a tot lot and a grove of trees but mostly lawn, a rare sight downtown. The park must have public restrooms – another rarity – and a small coffee shop or restaurant at the corner of East Island and 14th streets, which officials said would be "eyes on the park" for security.
Details of landscape architect Marty Poirier's design are to be completed after two more public workshops. The deal must also be approved by the City Council.
The board of the Centre City Development Corp., the downtown redevelopment agency, has approved a contract with Pinnacle International, which plans to build two towers for 619 condominiums with 800 off-street parking spaces and two smaller buildings for townhouses and street-level shops.
The agreement, reached May 26, obliges the developer, Pinnacle chief executive Michael De Cotiis, to construct and maintain the park in perpetuity. It gives him three years to show CCDC proof that the park and his project are progressing.
The city gets the park at no cost, even if Pinnacle's tower projects are stalled.
The blocks between 14th and 15th streets are so-called superblocks because they are twice the size of typical downtown blocks. The city owns one-quarter the block, which sits above an earthquake fault and cannot be developed. The block has warehouses on it.
De Cotiis will pay the city $5 million for the city's property, though it is forever restricted to park uses. But the development rights to the parkland and airspace above it have been transferred to the two towers, of 31 stories and 39 stories, on 15th Street.
The park is a welcome change for this block, said Brenda Kayzar, president of the the East Village Community Action Network, a neighborhood group.The agreement is "a really innovative way to get public spaces and a public good in an area that's been overlooked," she said.