KB Home Acquires Land for 128 New Homes in Far Northwest San Antonio
April 15 2015 - 9:00AM
Business Wire
With its latest acquisition, KB Home plans to develop a new
community on 57 acres near Helotes
KB Home (NYSE: KBH), one of the nation’s largest and most
recognized homebuilders, today announced it has purchased 57 acres
along the Highway 16 corridor for a new community called The Ridge
at Bandera, where the builder plans to construct 128 new homes in
the foothills of the Texas Hill Country. Development is scheduled
to begin this summer, with an official grand opening anticipated in
early 2016.
The Ridge at Bandera marks KB Home’s second new development in
San Antonio’s Far Northwest in two years. This highly desirable
submarket is known for its rolling Hill Country terrain, abundant
attractions, and top-rated schools. Situated just outside Helotes,
the Ridge at Bandera is minutes from major employers including the
University of Texas San Antonio, Valero, Medtronic, NuStar and
USAA. Public school students living in The Ridge at Bandera will be
able to attend schools in the Northside ISD. Two popular shopping
destinations, The Shops at La Conterra and The Rim, are nearby.
The Ridge at Bandera is the latest in a series of land
acquisitions by KB Home in San Antonio, underscoring the builder’s
growth in the area. So far in 2015, KB Home has opened new home
communities at CrossCreek, The Reserve at Southton Ranch and West
Village at Creekside, with three additional communities, Falcon
Landing, Miller Ranch and Mirabel, expected to open for sale later
this spring. KB Home currently offers new homes for sale at 24
locations in San Antonio, Boerne, Cibolo, Converse, Universal City
and New Braunfels.
“With cedars and live oak trees on-site, families are going to
love the Hill Country feel at The Ridge at Bandera,” said Brett
Dietz, president of KB Home’s San Antonio division. “We plan to
offer 10 popular Energy Star qualified home designs, which we
believe will deliver the curb appeal and value today’s families
want in their new homes.”
Floor plans for The Ridge at Bandera are expected to range from
1,792 square feet to 3,475 square feet. Planned amenities include a
community park with a children’s playscape, walking trails and
picnic pavilions for residents’ exclusive use.
All KB homes sold in San Antonio are ENERGY STAR® certified,
meaning they are designed to be more water- and energy-efficient
than most typical new and resale homes available in the area. The
water- and energy-saving features built into every new KB home can
also help homeowners save money on their monthly utility bills.
For more information about KB Home in San Antonio, visit
www.kbhome.com or call 888-KB-HOMES.
About KB Home
KB Home is one of the largest and most recognized homebuilding
companies in the United States. Since its founding in 1957, the
company has built more than half a million quality homes. KB Home's
unique homebuilding approach lets each buyer customize their new
home from lot location to floor plan and design features. As a
leader in utilizing state-of-the-art sustainable building
practices, all KB homes are highly energy efficient and meet strict
ENERGY STAR® guidelines. This helps to lower monthly utility costs
for homeowners, which the company demonstrates with its proprietary
KB Home Energy Performance Guide® (EPG®). KB Home has been named an
ENERGY STAR Partner of the Year Sustained Excellence Award winner
for five straight years and a WaterSense® Partner of the Year for
four consecutive years. A FORTUNE 1,000 company, Los Angeles-based
KB Home was the first homebuilder listed on the New York Stock
Exchange, and trades under the ticker symbol "KBH." For more
information about KB Home, call 888-KB-HOMES, visit www.kbhome.com,
or connect with KB Home on Facebook.com/KBHome and
Twitter.com/KBHome.
KB HomeCathy Teague, 210-415-6670cteague@kbhome.com
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