With prime proximity to major freeways and attractive affordability,
builder's Greenwood Square offers homebuyers the chance to own a new
home in one of the San Fernando Valley's most accessible residential
locations
VAN NUYS, Calif.--(BUSINESS WIRE)--
KB Home (NYSE: KBH), one of the nation's largest and most recognized
homebuilders, today announced the grand opening of its Greenwood Square
community in Van Nuys, offering Los Angeles-area homebuyers the rare
opportunity to own a newly-built KB home in the heart of the San
Fernando Valley. Conveniently situated on Sherman Way just minutes from
the 405, 5, 101, 134 and 170 freeways, as well as Metrolink® stations
and the Metro Orange Line, KB Home's Greenwood Square combines the
convenience of urban living in an established neighborhood with
sophisticated home designs that are attractively priced from the low
$400,000s.
KB homeowners at Greenwood Square will be able to take advantage of the
community's central location, closeness to major transportation routes
and public transit stations for easy access to the many employers,
entertainment venues, and cultural attractions throughout L.A. County.
"Few perks are as compelling to Los Angeles residents as the prospect of
a convenient commute," said Steve Ruffner, president of KB Home's
Southern California division and regional general manager. "Not only
does Greenwood Square provide excellent access to L.A.'s major freeways
and employers, the KB homes' attractive price points present a fantastic
opportunity for renters to become homeowners, with monthly payments that
can be comparable to rental prices in the area."
KB Home plans to construct a total of 128 row homes and four traditional
single-story homes at Greenwood Square. The community's four three-story
floor plans range in size from 1,409 to 1,676 square feet, and include
up to three bedrooms, three baths, and two-car garages. Priced from the
low $400,000s, these KB homes will also feature open living spaces,
built-in storage solutions, and Spanish or Craftsman façades.
An expansive one-story single-family floor plan is also available that
can be built with up to four bedrooms, three-and-a-half baths, and a
two-car garage. Pricing for this design begins in the low $700,000s.
Greenwood Square also features a community park with walking paths,
benches and tot lot for residents to enjoy for years to come.
KB homes at Greenwood Square have been smartly-designed to be some of
the most energy- and water-efficient available today.
Resource-conserving features such as programmable thermostats, ENERGY
STAR® certified appliances, and WaterSense labeled faucets and fixtures
are all included as standard in Greenwood Square KB homes and can help
lower utility bills for KB homeowners.
For example, KB Home estimates that at current residential electric
rates, homeowners living in a 1,426 square foot home at Greenwood Square
would save more than $1,000 annually in energy costs compared to a
typical, similarly sized resale home.
KB Home's Greenwood Square is now open in Van Nuys. For more
information, visit www.kbhome.com
or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most recognized homebuilding companies
in the United States. Since its founding in 1957, the company has built
more than half a million quality homes. KB Home's unique homebuilding
approach lets each buyer customize their new home from lot location to
floor plan and design features. As a leader in utilizing
state-of-the-art sustainable building practices, all KB homes are highly
energy efficient and meet strict ENERGY STAR® guidelines. This helps to
lower monthly utility costs for homeowners, which the company
demonstrates with its proprietary KB Home Energy Performance Guide®
(EPG®). KB Home has been named an ENERGY STAR Partner of the Year
Sustained Excellence Award winner for four straight years and a
WaterSense® Partner of the Year for four consecutive years. A FORTUNE
1,000 company, Los Angeles-based KB Home was the first homebuilder
listed on the New York Stock Exchange, and trades under the ticker
symbol "KBH." For more information about KB Home's new home communities,
call 888-KB-HOMES or visit www.kbhome.com.
KB Home
Craig LeMessurier, 925-983-4509
clemessurier@kbhome.com
Source: KB Home
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