Tunnelform Construction Reaching New Heights in Atlanta

Atlanta, Georgia (August 8, 2005) -- Southeast Capital Partners (SECP), the highly respected Atlanta-based real estate investment company has again raised the bar in the construction of luxury homes. Known as the standard bearers of quality and style in the Southeastern United States, SECP has specified the Outinord Universal Inc., tunnelforming system in the construction of The Manhattan, Dunwoody's only high-rise amenity-filled condominium home development.

The Outinord tunnelforming system is a simple, quick and cost-effective construction process that results in a high-quality product, increased productivity and excellent owner satisfaction. This fast-track method of concrete construction is well suited for high-, mid- and low-rise developments, producing energy-efficient homes that are sound, fire and weather resistant.

To build the central Perimeter area's first high-rise resort-style condominium, SECP is working with Total Concrete Structures, LLC. Headquartered in Atlanta, Total Concrete Structures offers turnkey concrete frame services in Florida, Georgia and Texas. This will be Total Concrete Structures' fifth tunnelform shell project in two years.

During the tunnelform construction process, concrete is poured into a structural tunnel that will provide the framework for floors and walls. Walls and slabs are poured simultaneously, resulting in a high-strength monolithic concrete structure. To accelerate the curing process, the interior of the forms can be heated overnight, using built-in gas heaters. The following morning, the forms are stripped and repositioned for the next concrete pour, resulting in a daily construction cycle for the builder. Outinord's tunnelform method often reduces a typical project schedule by several months, translating into earlier rental and cash flow for the developer. The pace of construction on The Manhattan will approach seven floors a month.

Robert Fallowfield of Outinord Universal says, "We are looking forward to working once again with Total Concrete Structures in supplying tunnel formwork for The Manhattan structural shell and being part of the construction materials team for the first high-rise in Dunwoody, Georgia. Total Concrete is the leading builder of mid- and high-rise residential towers in the Southeast, and they have gained that reputation by using Outinord tunnelforms to deliver a simple-to-build, high-quality and ahead-of-schedule structural concrete shell."

The Manhattan is located within the 44-acre live-work-play Perimeter Place. Its luxurious amenities include a 24-hour concierge service, world-class fitness center with a private personal training room, resort-style pool and fountains, professional indoor golf training center, rooftop lounge and deck, regulation tennis court, the chic private Manhattan Club and unmatched panoramic views of the Downtown, Midtown and Buckhead skylines. Homes in The Manhattan range in price from the mid $200's to over $1.2M for a penthouse. For further information on The Manhattan call 770-394-3636 or visit www.themanhattancondos.com.

For over 50 years, Outinord Universal Inc. has been the world leader in providing technologically advanced concrete forming systems for mid-size to large scale residential and hotel developments. Outinord's innovative, factory engineered steel forms put the developer/builder back in control of the quality, speed, cost and predictability of the construction process. The result is a superior structure that saves progressive builders and developers from 10% to 25% in construction and capital costs. Its residential development customers include: The Argonaut Group, Archstone-Smith, Cornerstone Residential Group, Gables Residential, The Hanover Co., JPI, Southeast Capital Partners, Total Concrete Structures, Trammel Crow, and Wood Partners.

For more information on the Outinord Tunnelforming System call Outinord at 305-655-0119 or www.outinord.net. Total Concrete Structures can be reached at 770-953-3090 or www.totalconcrete.com.

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For more information or photography please contact:
Wendy Shannon
President, Op5 Creative
100 Galleria Parkway SE, Suite 990
Atlanta, GA 30339
770-226-0442
wshannon@opfivecreative.com


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