The New Home Company’s Commitment to Attainable Homeownership in the Inland Empire Expands to Nova Rancho Cucamonga
June 24 2019 - 12:00PM
Business Wire
NEW HOME announces plans for Nova, a
neighborhood of 135 townhomes and flats within The Resort, a
vibrant urban village taking shape in Rancho Cucamonga.
As part of its commitment to attainable homeownership in the
Inland Empire, The New Home Company (NEW HOME) (NYSE: NWHM) today
announced plans for Nova, a neighborhood of 135 three-story
townhomes and single-stacked flats within The Resort, a vibrant
master-planned urban village by Lewis Community Developers taking
shape in southeast Rancho Cucamonga close to jobs, shopping,
entertainment and transportation.
For NEW HOME, Nova Rancho Cucamonga represents an approach to
homeownership which focuses on attainability through a balance of
cost, space and connectivity, while offering its customers a choice
in how they want to live. With construction now underway, the
residences, designed by Woodley Architectural Group, will be
offered in three floorplans ranging from 879 to 1,222 square feet
of living space with two bedrooms and two and one-half baths. Nova
buyers will have the opportunity to choose their interiors from a
fresh palette of design-inspired colors and schemes, making the
personalization process fun and easy. And with pricing anticipated
to begin in the high $300,000s, Nova will offer the lowest starting
price point in The Resort and surrounding area.
“Like California as a whole, the Inland Empire is in need of
attainably priced housing, and our team is committed to creating
innovative and highly designed solutions to meet the demand,” said
Joan Marcus Webb, Chief Marketing Officer for NEW HOME. “We believe
that first-time buyers, young couples and empty nesters would
prefer home ownership with reasonable mortgages. With today’s
historic low interest rates, we think Nova will offer a
one-of-a-kind opportunity in Rancho Cucamonga.”
NEW HOME plans to open an on-site Sales Pod at Nova this August,
with pre-opening sales expected to start in September. A Grand
Opening debut with model homes is currently planned for early
2020.
The Resort is located on the site of a former golf course near a
Metrolink station and employment centers. The 160-acre masterplan
provides a setting for living and playing in an intimate, personal
community. High-density homes will be surrounded by unique open
spaces with seating for outdoor life, a turf play area for children
and a multi-layered connective network that generates a dynamic,
people-centric built environment. The Nova neighborhood will
feature a Zen Garden ideal for gathering and relaxation.
To sign up for the Nova Rancho Cucamonga interest list and
receive updates on the community, visit www.LiveNovaRC.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 is a multi-year recipient of “The
Eliant” for Best Overall Customer Experience in the Eliant
Homebuyers’ Choice Awards. 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
www.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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