The New Home Company Continues Arizona Expansion
30 Mars 2021 - 12:55PM
Business Wire
As
homebuilder enjoys success at all of its greater Phoenix
communities, it will soon debut in Mesa with Element at Eastmark, a
neighborhood of 135 single-family detached residences.
The New Home Company (NEW HOME, NYSE: NWHM) is continuing its
expansion in Arizona. Since starting operations in the state in
2016, the homebuilder has strategically increased its presence in
the Phoenix market through the acquisition of land in highly
desirable masterplans and areas poised for growth. Its projects
have been recognized with awards for planning and design, helping
the company gain exposure and become a go-to builder for homebuyers
in the region.
As NEW HOME enjoys success at its communities throughout greater
Phoenix, it announced today that it will soon make its debut in
Mesa. Construction is well underway on Element at Eastmark, where
NEW HOME will build 135 single-family detached residences, with an
opening and launch of sales planned for this summer. Eastmark,
developed by Brookfield Residential and DMB Inc., is the top
selling masterplan in the East Valley and the second fastest
selling community in all of Arizona according to John Burns Real
Estate Consulting.
Element will consist of spacious, two-story homes and will offer
a picturesque sanctuary surrounded by an abundance of outdoor
activity and neighborhood connectivity. The homes, designed in
Mediterranean, Contemporary Farmhouse and Monterey architectural
styles, will range from 1,559 to 1,965 square feet with two-car
garages, up to four bedrooms and three baths.
Ideal for first-time buyers and those working from home, Element
will feature NEW HOME’s EVO Home Tech package, allowing homeowners
to personalize their residences with progressive living and smart
home solutions. In addition, all Element homes are Energy Star and
Indoor airPLUS certified, providing higher standards of energy
efficiency and enhanced indoor air quality. Prices are anticipated
to begin in the mid $300,000s.
“Element will be one of the most attainably priced offerings
within Eastmark, so we think it is well positioned to attract
buyers who are looking to be part of a vibrant community close to
jobs with an abundance of family-friendly activities,” said
Christopher Cady, Arizona Division President for NEW HOME. “We’re
excited to be a part of Eastmark and look forward to supporting the
community’s standing as one of the top selling master plans, not
only in Arizona, but the entire nation.”
Element is the latest NEW HOME collection to take shape in the
Phoenix region, joining Mosaic at Layton Lakes in Gilbert; Centella
at Estrella in Goodyear and Mariposa in Chandler, all of which
debuted in 2020 and have been selling exceptionally well.
Since its initial debut of model homes in late May 2020 at
Mosaic in Gilbert, NEW HOME has been selling townhomes and flats
across three residential collections to date. Mosaic offers a
diverse mix of housing types in three distinct neighborhoods
consisting of The Towns priced from the high $400,000s; The Flats
from the low $400,000s and The Rows from the high $300,000s. NEW
HOME has attracted a range of buyers to Mosaic, from empty nesters
and young families to first-time homeowners. A total of nine model
homes are now open and available for tours through private
appointments.
Centella at Estrella, which opened in August 2020, consists of
80 detached two-story, single-family homes with up to 2,832 square
feet in one of the most desirable west valley destinations. With
prices starting in the high $300,000s, buyers can choose from five
floorplans with up to five bedrooms and a range of architectural
styles including Modern Prairie and Desert Contemporary with
interior upgrades and finishes available through NEW HOME’s on-site
Design Studio.
In September, NEW HOME introduced Mariposa in Chandler, part of
the southeast valley which is the fastest growing region in Metro
Phoenix with thousands of jobs in the tech sector and other growing
industries. Close to excellent shopping and recreation, Mariposa
features three neighborhoods, each with a distinct product type.
Towns include 106 paired townhomes with prices starting in the mid
$300,000s; Courts offer 38 cluster homes with pricing from the mid
$300,000s; and Cottages is comprised of 55 single-family residences
with pricing from the low $500,000s.
“Establishing leading design in every market we build is a key
component of the NEW HOME Credo,” said Leonard Miller, President
and Chief Executive Officer for NEW HOME. “For us, it starts with
the careful selection of the land we purchase. Then we partner with
the top architects and design firms to create the most thoughtful
homes for each community we build. We’ve been fortunate to acquire
some special pieces of land in the Phoenix region and are pleased
with our success here. We look forward to more success with
Element, but most importantly to delivering a product our buyers
will be proud to call home.”
For more information and to join the interest registry for
Element, please visit www.ElementNWHM.com.
About The New Home
Company
NEW HOME is a publicly traded company listed on the New York
Stock Exchange under the symbol “NWHM.” It is a new generation
homebuilder focused on the design, construction and sale of
innovative and consumer-driven homes in major metropolitan areas
within select growth markets in California, Arizona and Colorado,
including coastal Southern California, the San Francisco Bay area,
metro Sacramento, Phoenix and Denver.
NEW HOME was named 2019 Builder of the Year by Professional
Builder and is a multi-year recipient of “The Eliant” for providing
the Best Overall Customer Experience in North America in the Eliant
Homebuyers’ Choice Awards. NEW HOME has won hundreds of awards in
the homebuilding industry for its design and planning excellence,
dozens of “Community of the Year” awards, and was recognized five
straight years for creating the best community or master plan in
all the United States. For more information, visit NWHM.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210330005109/en/
Mike Hoye Paolucci Salling & Martin Communication Arts |
Public Relations (310) 346-0845 (mobile) or
mhoye@PSMCommArts.com
The New Home (NYSE:NWHM)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
The New Home (NYSE:NWHM)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024