One of Colorado's leading homebuilders to offer new homes at a prime
location in growing hub for innovative and high-tech industries
LONGMONT, Colo.--(BUSINESS WIRE)--
KB Home (NYSE: KBH) today announced that it has acquired 199 home sites
in Longmont. Land development for KB Home's new Boulder County community
is currently underway, with a grand opening for the Reserves and the
Estates at Somerset Meadows planned to take place this winter.
"We continue to be aggressive in strategically expanding our land
positions in Denver and the surrounding region,'' said Matt Mandino,
president of KB Home's Colorado division. "We're very pleased to have
secured this prime parcel in such a vibrant and highly desirable area."
Situated 15 miles northeast of Boulder in West Longmont, KB Home's
Somerset Meadows is located in a recognized center for technology and
advanced manufacturing companies. From bio-pharmaceuticals and satellite
imagery to disk drive design, technology and software-related jobs make
up about 27 percent of the Longmont employment base. Additionally,
Somerset Meadows will offer convenient access to all the Front Range has
to offer, including the Rocky Mountain National Park, major
universities, shopping and dining, as well as 1,500 acres of parks,
natural open spaces and trails.
KB Home currently plans to offer one- and two-story home designs that
range in size from 1,590 to 3,859 square feet and can accommodate up to
six bedrooms, four-and-a-half baths, three-car garages and a basement.
All KB homes at Somerset Meadows will be built to exacting ENERGY STAR®
guidelines and include an array of water-conserving features such as
WaterSense® labeled faucets and fixtures, making them among the most
efficient new homes available today.
KB Home is currently open for new home sales at 12 Denver-area
locations. For more information about KB Home, visit www.kbhome.com
or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most recognized homebuilders in the
United States and an industry leader in sustainability, building
innovative and highly energy- and water-efficient new homes. Founded in
1957 and the first NYSE-listed homebuilder (ticker symbol: KBH), the
company has built nearly 600,000 homes for families from coast to coast.
Distinguished by its personalized homebuilding approach, KB Home lets
each buyer choose their lot location, floor plan, décor choices, design
features and other special touches that matter most to them. To learn
more about KB Home, call 888-KB-HOMES, visit www.kbhome.com
or connect on Facebook.com/KBHome
or Twitter.com/KBHome.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160526005375/en/
KB Home
Craig LeMessurier, 925-983-4509
clemessurier@kbhome.com
Source: KB Home
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