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.
Copyright Business Wire 2015