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Beazer Homes Acquires Land in Highly-Sought Frisco, Texas

July 11, 2013 at 4:30 PM EDT

ATLANTA, July 11, 2013 – Beazer Homes USA, Inc. (NYSE:  BZH) (www.beazer.com), one of the nation’s top 10 homebuilders, today announced the acquisition of a 232 acre land parcel in Frisco, Texas, which is one of the most active submarkets for new homes in the country.   Beazer Homes intends to lead the development efforts for the Master Planned Community of Miramonte in this location.  At completion, Miramonte will contain over 600 single-family residences ranging in size from approximately 2,000 square feet to over 4,000 square feet.  <?xml:namespace prefix="o" ns="urn:schemas-microsoft-com:office:office"?>

 

Miramonte is easily accessible via the Dallas North Tollway to the West and I-75 to the East, and these homes will be located in the highly-regarded Prosper Independent School District.  Once completed, this community will feature trails for hiking and biking, green space, ponds, scenic landscaping and an amenity center, including a pool and cabana.

 

“We are excited to continue our presence in the Frisco market in a large-scale Master Planned Community that will provide a variety of home sites and floor plans to meet the needs of our buyers for years to come,” said Troy Radelat, Division President for Beazer Homes in the Dallas/Fort Worth area. 

 

Beazer expects to begin development at Miramonte in early 2014 with the intention of offering its first homes for sale in this community in late 2014.

 

 

Headquartered in Atlanta, Beazer Homes is one of the country’s 10 largest single-family homebuilders. The Company’s homes meet or exceed the benchmark for energy-efficient home construction as established by ENERGY STAR® and are designed with flexible floorplan options to meet the personal preferences and lifestyles of its buyers.  In addition, the Company is committed to providing a range of preferred lender choices to facilitate transparent competition between lenders and enhanced customer service.  The Company offers homes in 16 states, including Arizona, California, Delaware, Florida, Georgia, Indiana, Maryland, Nevada, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, Tennessee, Texas and Virginia.  Beazer Homes is listed on the New York Stock Exchange under the ticker symbol “BZH.” For more info visit Beazer.com, or check out Beazer on Facebook and Twitter.

 

CONTACT: Beazer Homes USA, Inc.
Carey Phelps

Director, Investor Relations & Corporate Communications
770-829-3700
investor.relations@beazer.com