For Release –December 14, 2019
Summerlin Home to Nation's Top Homebuilders, Creating Showcase of Top-Tier, World-Class Array of Floorplan Options
Through the decades, several community elements have remained constant in the master-planned community of Summerlin® to ensure it continues to develop true to its original vision while maintaining overall aesthetics and value. Near the top of the list is Summerlin’s all-star roster of national homebuilders, which has long been a part of the community’s development mantra, ensuring that quality, innovative, and progressive home design remains a community hallmark.
According to Kevin T. Orrock, President, Summerlin, six of the nation’s top ten homebuilders, as ranked by ProBuilder.com based on revenue, are currently building and selling homes in Summerlin. Of the top 25 homebuilders, nine are actively selling in the community.
They include: Lennar (#1); PulteGroup (#3); Toll Brothers (#4); KB Home (#6); Pardee Homes (parent company TRI Pointe Group #9); Richmond-American Homes (parent company MDC Holdings #10); Shea Homes (#12); William Lyon Homes (#16); and Woodside Homes (#25).
“Over the decades, Summerlin has enjoyed long-term partnerships with many of the country’s top homebuilders,” said Orrock. “These builders have collectively built millions of homes throughout the country, swept national design awards for years and continue to innovate and lead the country’s robust homebuilding industry with new and progressive floorplans to meet the changing lifestyle preferences of today’s modern families.”
“To have six of the nation’s top ten and nine of the country’s top 25 homebuilders in a single community is no accident,” he said. “Working with top-tier homebuilders has long been an intentional strategy in Summerlin to ensure we deliver a wide range of only the best and most desirable floorplans. Given Summerlin’s long-term success as one of the country’s best-selling master-planned communities, it’s a strategy that has obviously paid off.”
Flash back to March 1991 when Summerlin’s very first family – the Champlins – moved into their home built by Woodside Homes, a 50-plus-year-old company that has built more than 2.3 million homes nationwide. Today, Summerlin is home to 100,000 residents who live in more than 45,000 homes ranging from expansive estate-sized homes to modern and contemporary single-family homes, townhomes and condominiums.
In addition to homes in all styles and price points, the community’s lifestyle has played a big role in Summerlin’s enduring success. Summerlin’s hallmark quality of life is created by an unparalleled list of amenities that no other Southern Nevada community can claim. This includes 250-plus parks of all sizes; 150-plus miles of trails; 26 of the area’s top-ranked private, public and charter schools; major sports venues such as Las Vegas Ballpark®, home of the Las Vegas Aviators® professional baseball team and City National Arena, practice facility of the Vegas Golden Knights; and even its own downtown – Downtown Summerlin.
The master-planned community of Summerlin currently offers 158 floorplans in 34 neighborhoods throughout nine distinct villages. Homes are available in a variety of styles – from single-family homes to townhomes, priced from the mid-$200,000s to more than $1 million.
CAPTION: The master-planned community of Summerlin is home to an all-star roster of national homebuilders, including six of the nation’s top ten in terms of size. This creates a top-tier showcase in Summerlin of many of the very best homes currently being built in the U.S. Included among the many neighborhoods built by national homebuilders in Summerlin today are Mesa Ridge by Toll Brothers, Terra Luna by Pardee Homes, Affinity by William Lyon Homes, Scots Pine by Richmond American and Trilogy by Shea Homes.
Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 best-selling master-planned communities for nearly two decades. Located along the western rim of the Las Vegas valley, Summerlin encompasses 22,500 acres with approximately 6,000 gross acres still remaining to accommodate future growth, including infrastructure, open space and common areas, all within the master plan. The community is currently home to nearly 100,000 residents who enjoy an unparalleled list of amenities. These include more than 250 neighborhood and village parks, more than 150 completed miles of trails, 27 public and private schools, 14 houses of worship, ten golf courses, shopping centers, medical and cultural facilities, business parks and dozens of actively selling floor plans. Homes are available in a variety of styles – from single-family homes to townhomes– priced from the $300,000s to more than $2.5 million. For information on custom homesites in The Ridges please call 702.255.2500. Luxury apartment homes offer monthly rents starting from the $900s.
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC with major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas and Honolulu. For additional information about HHC, visit www.howardhughes.com, or find us on Facebook, Twitter, Instagram, and LinkedIn.
Safe Harbor Statement
Statements made in this press release that are not historical facts, including statements accompanied by words such as “will,” “believe,” “expect,” “enables,” “realize”, “plan,” “intend,” “assume,” “transform” and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management’s expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in The Howard Hughes Corporation’s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. The Howard Hughes Corporation cautions you not to place undue reliance on the forward-looking statements contained in this release. The Howard Hughes Corporation does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release.