KB Home Announces the Grand Opening of Its Greenwood Square Community in Van Nuys
February 26 2015 - 10:00AM
Business Wire
With prime proximity to major freeways and attractive
affordability, builder’s Greenwood Square offers homebuyers the
chance to own a new home in one of the San Fernando Valley’s most
accessible residential locations
KB Home (NYSE: KBH), one of the nation’s largest and most
recognized homebuilders, today announced the grand opening of its
Greenwood Square community in Van Nuys, offering Los Angeles-area
homebuyers the rare opportunity to own a newly-built KB home in the
heart of the San Fernando Valley. Conveniently situated on Sherman
Way just minutes from the 405, 5, 101, 134 and 170 freeways, as
well as Metrolink® stations and the Metro Orange Line, KB Home’s
Greenwood Square combines the convenience of urban living in an
established neighborhood with sophisticated home designs that are
attractively priced from the low $400,000s.
KB homeowners at Greenwood Square will be able to take advantage
of the community’s central location, closeness to major
transportation routes and public transit stations for easy access
to the many employers, entertainment venues, and cultural
attractions throughout L.A. County.
“Few perks are as compelling to Los Angeles residents as the
prospect of a convenient commute,” said Steve Ruffner, president of
KB Home’s Southern California division and regional general
manager. “Not only does Greenwood Square provide excellent access
to L.A.’s major freeways and employers, the KB homes’ attractive
price points present a fantastic opportunity for renters to become
homeowners, with monthly payments that can be comparable to rental
prices in the area.”
KB Home plans to construct a total of 128 row homes and four
traditional single-story homes at Greenwood Square. The community’s
four three-story floor plans range in size from 1,409 to 1,676
square feet, and include up to three bedrooms, three baths, and
two-car garages. Priced from the low $400,000s, these KB homes will
also feature open living spaces, built-in storage solutions, and
Spanish or Craftsman façades.
An expansive one-story single-family floor plan is also
available that can be built with up to four bedrooms,
three-and-a-half baths, and a two-car garage. Pricing for this
design begins in the low $700,000s.
Greenwood Square also features a community park with walking
paths, benches and tot lot for residents to enjoy for years to
come.
KB homes at Greenwood Square have been smartly-designed to be
some of the most energy- and water-efficient available today.
Resource-conserving features such as programmable thermostats,
ENERGY STAR® certified appliances, and WaterSense labeled faucets
and fixtures are all included as standard in Greenwood Square KB
homes and can help lower utility bills for KB homeowners.
For example, KB Home estimates that at current residential
electric rates, homeowners living in a 1,426 square foot home at
Greenwood Square would save more than $1,000 annually in energy
costs compared to a typical, similarly sized resale home.
KB Home’s Greenwood Square is now open in Van Nuys. For more
information, 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 four 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's new home communities, call 888-KB-HOMES
or visit www.kbhome.com.
KB HomeCraig LeMessurier,
925-983-4509clemessurier@kbhome.com
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