LAFAYETTE, Calif. (May 19, 2015) – The New Home Company (NEW HOME; NYSE: NWHM) today announced the opening of Woodbury in downtown Lafayette, Calif. Woodbury is a thoughtfully designed community of 56 new residential “flats” in the heart of this highly desirable and charming town located in San Francisco’s East Bay. A Grand Opening for Woodbury’s “Garden Flats” is set for the weekend of May 30 and 31, 2015.
With a total of 56 new homes, Woodbury is the first community to open in downtown Lafayette in the last 15 years. It features two distinct residential offerings, including 36 “Garden Flats” in six, three-story buildings, and 20 “Terrace Flats” contained in a single three-story building.
Garden Flats are one-story residences ranging from 1,457 to 3,001 square feet of living space with up to three bedrooms, three baths and attached garages. A number of homes include lofts and large terraces. These homes are priced from the low $1 millions.
Terrace Flats are single-story residences ranging from 1,111 to 1,703 square feet of living space with two bedrooms and two baths, priced from the low $800,000s.
With views of Mount Diablo, Woodbury was designed to include private open space pockets and walking paths throughout, providing easy access to Lafayette’s downtown shops, restaurants and BART station. The community is equally close to the Lafayette Reservoir, one of the area’s most popular destinations for running, cycling and boating. Woodbury amenities also include a community gathering space and a fitness room available to all future residents.
“Woodbury represents a rare and special opportunity to create a unique, thoughtfully designed community in one of the Bay Area’s most coveted locations,” said Kevin Carson, NEW HOME’s Northern California President. “NEW HOME is proud to add Woodbury to its growing portfolio of compelling new communities here in the Bay Area and throughout Northern California.”
Sales are now underway for both Garden Flats and Terrace Flats. For those interested in learning more about Woodbury, please visit www.WoodburyNWHM.com to register and receive updates on community progress, future events and sales opportunities.
About The New Home Company
NEW HOME, one of California’s most active homebuilders, 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, including coastal Southern California, the San Francisco Bay area and metro Sacramento. 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. Most recently, NEW HOME was awarded the BIA Bay Area “Community of the Year” Award of Excellence for its master-planned community of Orchard Park in San Jose. For more information about the company or its current new-home offerings, visit www.NWHM.com.