The New Home Company Opens On-Site Sales Gallery & Begins Previewing Luxury Residences at Mountain Shadows Resort in Paradise...
17 September 2016 - 3:03AM
Business Wire
Construction is now underway on NEW HOME’s
initial offering in the Phoenix market.
With construction underway and interest growing, The New Home
Company (NEW HOME) (NYSE: NWHM) today announced the opening of an
on-site sales gallery and the previewing of its luxury residences
at Mountain Shadows Resort in Paradise Valley, Arizona.
Mountain Shadows is the newest community of resort residences to
be built in Paradise Valley, the affluent town located between
Phoenix and Scottsdale that is surrounded by the iconic Camelback
and Mummy Mountains. Mountain Shadows represents NEW HOME’s initial
offering in the Phoenix market. The Company, which was recently
named the second-fastest growing public homebuilder in the United
States and the most active luxury homebuilder in Orange County,
Calif., announced the opening of its Arizona division in early
2016.
Mountain Shadows consists of 14 luxury detached homes (The
Residences) and 52 single-story flats (The Villas), ranging from
approximately 2,500 to 4,000 square feet, with all homeowners
having full access to resort amenities including golf, health and
wellness facilities, hiking trails and dining. The homes reflect
modern and mid-century design interpretations with streamlined
styling, dramatic levered roof lines, natural and urban textures,
open floor plans and outdoor living spaces that take advantage of
the surrounding mountain and desert views.
Mountain Shadows Resort is expected to re-open in early 2017 and
will be anchored by a signature pool and hotel with 180 rooms,
meeting and event spaces and a unique 18-hole, Executive Par-3 Golf
Course with scenic views and regulation-sized greens. The resort
will include a three-story luxury wing with 42 condominiums and
lofts available for purchase.
“Mountain Shadows is situated in one of the most ideal locations
in all of Arizona, so to have the opportunity to create the first
homes of their kind in Paradise Valley is special,” said Pat
Moroney, NEW HOME Arizona Division President. “Those who visit our
now open on-site sales gallery will see that we’ve put the utmost
thought and care into the design of these homes to optimize
unparalleled mountain views and offer the finest in luxury resort
living. It’s an exciting time to be a part of Mountain Shadows, and
we expect to have tremendous success here.”
For more information on the new homes at Mountain Shadows and to
join the Interest Registry, please visit
www.LiveMountainShadows.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 and Arizona, including
coastal Southern California, the San Francisco Bay area, metro
Sacramento and Phoenix. In 2013, 2014 and 2015, NEW HOME was the
recipient of “The Eliant” for Best Overall Customer Experience in
the Eliant Homebuyers’ Choice Award’s multi-divisional builder
segment. In 2016, NEW HOME won a total of 23 Eliant Awards,
including nine First Place Awards, the highest number earned by a
home builder in this year's competition. Also in 2016, the National
Association of Home Builders selected The Cannery, an innovative
mixed-use community developed by NEW HOME in Davis, Calif., as
“Master-Planned Community of the Year,” and the Company earned top
honors at the Bay Area Building Industry Association’s Excellence
in Home Building Awards, winning “Community of the Year” for its
Woodbury neighborhood in downtown Lafayette, Calif. and “Best
Builder of the Year.” For two years in a row, NEW HOME has been
named to the Inc. Magazine Founders 40 list, recognizing newly
public companies that have maintained a strong entrepreneurial
spirit. For more information about the company or its current
new-home offerings, visit www.NWHM.com.
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Paolucci Salling & Martin Communication Arts | Public
RelationsMike Hoye(310) 346-0845 (mobile)mhoye@PSMCommArts.com
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