Beazer Homes Acquires Land in Highly-Sought Frisco, Texas
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.
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