Orchard Park by The New Home Company Wins Community of the Year at 2015 BIA Bay Area Excellence in Home Building Awards

SAN FRANCISCO (April 30, 2015) – Last Friday, April 24 during an evening celebrated by the Bay Area’s most distinguished builders and developers, The New Home Company (NEW HOME, NYSE: NWHM) won Community of the Year for its Orchard Park master plan in San Jose at the Bay Area Building Industry Association’s (BIA) Excellence in Home Building Awards.

Since opening in late 2014, Orchard Park has emerged as one of the best-selling communities in the Silicon Valley, the tech capital of the world, recently surpassing 100 homes sold. Based on this success, NEW HOME’s Sherri Pope was also honored as Sales Director of the Year.

“The response to Orchard Park from homebuyers in the Silicon Valley has been exceptional and we’re very proud of what we’ve created,” said Kevin Carson, NEW HOME President Northern California. “To have our work recognized with top honors from our peers is especially gratifying. We came to the Bay Area with a goal of creating residential neighborhoods that would appeal to the area's unique and progressive buyers, as well as stand the test of time in both design and quality craftsmanship. This acknowledgement from the BIA provides our team with even more motivation to exceed this goal.”

Orchard Park is a thoughtfully designed community of 239 homes in the Berryessa District of San Jose. The community is located near the intersection of Old Oakland Road and East Brokaw Road, two miles east of San Jose International Airport. Adding to its appeal, Orchard Park is in close proximity to the coming Berryessa Bay Area Rapid Transit (BART) station, which will provide convenient access to key employment centers in both the Silicon Valley and San Francisco.

In what is believed to be unique to a new-home community in San Jose, NEW HOME engaged a Feng Shui master to consult on the land plan and product design to ensure the community achieved a true north/south orientation and embraced other guiding principles.
Three neighborhoods, each comprised of distinct home designs, “Towns,” “Courts” and “Flats,” are offered. The homes are priced from the $700,000s. “Towns” are stylish townhomes with up to 2,123 square feet and with a focus on south facing buildings. “Courts” feature open floor plans with maximized natural light and limited shared walls with up to 2,243 square feet. “Flats” offer single-story living in up to 2,147 square feet with private elevators.

Orchard Park includes numerous landscaped parks and open spaces, a promenade and a resident’s clubhouse, all designed to enhance the living experience for residents. Walking paths connect to nearby markets and restaurants, providing homeowners accessibility to shopping, dining and entertainment.

NEW HOME received a third BIA Bay Area Excellence Award for Best Architectural Design of a Multi-Family Community Building at Terraces at Rose Lane, a neighborhood in Larkspur, Calif. that recently sold out. This honor was shared with Dahlin Group Architecture Planning.

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 and 2014, 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 recognized as one of the “Best Places to Work” in Orange County by the Orange County Business Journal and one of the “Top Workplaces in Orange County” by the Orange County Register. For more information about the company or its current new-home offerings, visit www.NWHM.com.