The New Home Company Enjoys Early Sales Success at Mosaic at Layton Lakes in Gilbert as Company’s Arizona Expansion Continues
August 18 2020 - 6:55AM
Business Wire
As NEW HOME
prepares to debut communities in Goodyear and Chandler, 47
residences have sold at Mosaic since late May.
The New Home Company (NEW HOME, NYSE: NWHM) today announced that
sales are off to a quick start at Mosaic in the master-planned
community of Layton Lakes in Gilbert. Since its initial debut of
model homes in late May, the homebuilder has sold 47 townhomes and
flats across three residential collections.
NEW HOME is a publicly traded homebuilder headquartered in Aliso
Viejo, California, with Arizona operations based in Scottsdale.
Mosaic is NEW HOME’s second community in Gilbert, joining Belmont,
where sales of 53 spacious single-family residences were completed
earlier this year.
Mosaic offers a diverse mix of housing types in three distinct
neighborhoods consisting of 69 Backyard Townhomes, 66 Flats and the
just opened 87 Row Townhomes. With prices starting in the high
$200,000s, NEW HOME has attracted a range of buyers to Mosaic, from
empty nesters and young families to first-time homeowners. A total
of nine model homes are now open, and NEW HOME is encouraging those
interested in buying to set up a private appointment for the best
and safest experience in seeing all Mosaic has to offer.
Mosaic features a gated entrance, swimming pool and spa, tot
lot, barbecue grills and walking paths. Residents also have access
to Layton Lakes’ jogging track, splash pad, tennis and basketball
courts, baseball fields, parks and highly rated schools.
“Following the completion of sales at Belmont, we’re thrilled to
continue our success in Gilbert with Mosaic,” said NEW HOME Arizona
Division President Christopher Cady. “It’s been gratifying to see
buyers respond to our award-winning approach to thoughtfully
designed homes at attainable price points for a variety of
lifestyles. Mosaic offers a family-friendly environment with a
quality social infrastructure, so we expect sales to remain strong
in the community moving forward.”
NEW HOME, which launched operations in Arizona in 2016, has two
additional communities coming soon to the greater Phoenix region:
Centella in the popular masterplan of Estrella in Goodyear and
Mariposa in Chandler.
Centella will consist of 80 detached two-story, single-family
homes with up to 2,832 square feet in one of the most desirable
west valley destinations. With prices expected to start in the high
$200,000s, buyers will have the opportunity to choose from five
floorplans with up to five bedrooms and a range of architectural
styles including Modern Prairie and Desert Contemporary with
interior upgrades and finishes available through the on-site Design
Studio.
Estrella features two resident’s clubs, pools, 50+ miles of
paths and trails, an 18-hole Jack Nicklaus championship golf course
and more than 70 acres of community lakes.
This fall, NEW HOME is set to introduce Mariposa in Chandler,
part of the southeast valley which is the fastest growing region in
Metro Phoenix with thousands of jobs in the tech sector and other
growing industries. Close to excellent shopping and recreation,
Mariposa will feature three neighborhoods, each with a distinct
product type. Towns will include 106 paired townhomes with prices
expected to start in the low $300,000s; Courts will offer 38
cluster homes with anticipated pricing from the mid $300,000s; and
Cottages will be comprised of 55 single-family residences with
planned pricing from the low $400,000s. Mariposa residents will
enjoy a community swimming pool and spa, several parks, a tot lot
and a butterfly garden encouraging the protection of the local
butterfly species.
“Although NEW HOME is still one of the newer homebuilders in
Phoenix, we’re proud of what we’ve accomplished, earning some of
the highest honors for planning and design in the region,” said
Cady. “We’re committed to this market and look forward to continued
expansion as we complete our current communities, open new ones and
acquire land for future new-home neighborhoods.”
For more information and to join the interest registry for
Mosaic, please visit www.LiveMosaicAZ.com. To join the interest
registries and to receive updates on Centella and Mariposa, please
visit www.NWHM.com.
About The New Home
Company
NEW HOME 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 and Arizona, including
coastal Southern California, the San Francisco Bay area, metro
Sacramento and Phoenix. NEW HOME was named 2019 Builder of the Year
by Professional Builder and is a multi-year recipient of “The
Eliant” for Best Overall Customer Experience in the Eliant
Homebuyers’ Choice Award’s multi-divisional builder segment. NEW
HOME was twice named to the Inc. Magazine Founders 40 list,
recognizing public companies that have maintained a strong
entrepreneurial spirit. For more information about the company or
its current new-home offerings, visit NWHM.com.
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Mike Hoye Paolucci Salling & Martin Communication Arts |
Public Relations (310) 346-0845 (mobile) or
mhoye@PSMCommArts.com
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