Saturday, February 14, 2015

Summerlin® Announces Age-Qualified Neighborhood By Toll Brothers

As Summerlin® continues to blossom along the western rim of the Las Vegas valley, the community’s developer, The Howard Hughes Corporation®, has exciting  news for those seeking an exceptional luxury active adult lifestyle in this premiere master plan.  Regency at Summerlin®, a new age-qualified lifestyle concept built and perfected by Toll Brothers, will begin construction this year in The Cliffs village.  Regency is the community’s first age-qualified, single-family neighborhood in more than 15 years.

“This is a major milestone for Summerlin as well as for Southern Nevada,” said Peggy Chandler, senior vice president of Summerlin. “This neighborhood will be unmatched by any other offered in our community and throughout the valley.  Toll Brothers has successfully developed its high-end, age-qualified community concept in 12 states across the country before bringing it to Summerlin, and we are confident it will exceed the expectations of those who seek the Regency lifestyle.”

This staff-gated neighborhood includes more than 425 single-family homes ranging from 1,600 to 2,400 square feet. Regency’s robust amenity list includes walking trails and an amenity center spanning more than 16,000 square feet with indoor lap pool and outdoor resort-style pools; tennis, pickle ball and bocce ball courts; a clubhouse; and social programming that includes classes, events and gatherings. 

If that’s not enough to keep Regency residents active and engaged, they also have access to all Summerlin offers, including more than 150 parks, and 150 miles of walking trails as well as nine golf courses. Two courses, in particular, are located very close to Regency: Siena Golf Club and Bear’s Best Las Vegas designed by golf great Jack Nicklaus. Both daily-fee courses offer 18 holes of picturesque fairways designed for an exciting game for players of all levels.   Located near Red Rock Conservation Area, Regency also offers residents immediate access to the region’s world-class hiking, rock climbing and cycling routes. 

Also just minutes away is Downtown Summerlin, the valley’s newest fashion, dining and entertainment venue, offering more than 125 retailers, restaurants and a luxury, boutique movie theater.  This world-class destination offers all the amenities of a major metropolitan area in the heart of Southern Nevada’s premiere suburban community to offer residents the best of both worlds.

“Summerlin’s hallmark lifestyle developed over the last 25 years and the community’s reputation for its design aesthetic, combined with Toll Brothers’ reputation for excellence in building will help to redefine active adult living in Southern Nevada,” said Chandler. “The Howard Hughes Corporation is confident Regency at Summerlin will be a resounding success for residents seeking a vibrant and luxurious lifestyle.”

Regency is nestled in the 450-acre Cliffs village, the newest Summerlin village located at the southernmost tip of the community. The Cliffs stretches between Bishop Gorman High School and Wet ‘n’ Wild. Its boundaries include Hualapai Way on the west, Patrick Lane to the north and Maule Avenue to the south. The Cliffs draws its name from the ridgeline to the west that forms a stunning backdrop for this new residential village.

To join Toll Brother’s interest list for Regency at Summerlin, please visit RegencyatSummerlin.com.  For more information about Regency by Toll Brothers and other new Summerlin neighborhoods and amenities go to summerlin.com.

About Summerlin:
Developed by The Howard Hughes Corporation, Summerlin began to take shape in 1990 and has ranked in the country’s top 10 bestselling 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 acres still remaining to accommodate future growth within the master plan. The community is currently home to more than 100,000 residents who enjoy an unparalleled list of amenities. These include more than 150 neighborhood and village parks, more than 150 completed miles of trails, 22 public and private schools, 14 houses of worship, nine 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 and condominiums– priced from the $300,000s to more than $1 million. Custom homesites in The Ridges are priced from the $400,000s. Luxury apartment homes offer monthly rents starting from the $900s. Visit www.summerlin.com for more information.

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 16 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC and is headquartered in Dallas, TX. For additional information about HHC, visit www.howardhughes.com.

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,” “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.