KB Home Acquires Land for 199 Homes in Boulder County
27 May 2016 - 12:00AM
Business Wire
One of Colorado’s leading homebuilders to offer new homes at
a prime location in growing hub for innovative and high-tech
industries
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.
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version on businesswire.com: http://www.businesswire.com/news/home/20160526005375/en/
KB HomeCraig LeMessurier,
925-983-4509clemessurier@kbhome.com
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