Investor Alert

press release

Jan. 17, 2020, 8:00 a.m. EST

KB Home Announces the Grand Opening of Its Latest New-home Community in the Tampa Area, Valri Park, Priced From the $240,000s

Homebuilder expands its Tampa-area presence with a new commuter friendly location in Valrico that features personalized homes at an affordable price.

KB Home /zigman2/quotes/206220859/lastsale KBH -5.92% today announced the grand opening of Valri Park, a new single-family home community in a commuter friendly location that offers a distinguished collection of affordably priced one- and two-story floor plans.

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“Valri Park is in an ideal location, with easy access to major highways and a short commute to area employers and downtown Tampa,” said Fred Vandercook, President of KB Home’s Tampa division. “As with our other KB Home communities, Valri Park offers home shoppers the opportunity to purchase a new, personalized KB home at a price that fits their budget.”

KB Home stands out from other homebuilders as the company gives homebuyers exceptional choice and control. KB Home starts by offering a wide variety of homes at an affordable price. From there, the builder gives buyers the ability to personalize their homes from homesites and floor plans to design features. All homes built meet or surpass ENERGY STAR [®] certification standards, meaning the homes have substantially lower monthly utility costs when compared to typical used homes. The KB Home team works hand in hand with homeowners every step of the way so they have a real partner in the process.

The Valri Park community is conveniently located just minutes from Interstate 4, Interstate 75, US-60 and US-92, providing an easy commute to area employers in Brandon and downtown Tampa. The community offers seven floor plans with up to six bedrooms and three-and-a-half baths and ranging in size from approximately 1,500 to 3,000 square feet. These new homes feature desirable design characteristics like open kitchens overlooking great rooms and expansive master suites with walk-in closets. Residents can enjoy outdoor recreation at nearby Medard Park and a variety of entertainment at MIDFLORIDA Credit Union Amphitheatre and Seminole Hard Rock Hotel and Casino. Pricing begins in the $240,000s.

For more information on KB Home, visit kbhome.com.

About KB Home

KB Home is one of the largest and most recognized homebuilders in the United States and has been building quality homes for over 60 years. Today, KB Home operates in 42 markets across eight states, serving a wide array of buyer groups. What sets us apart is giving our customers the ability to personalize their homes from homesites and floor plans to cabinets and countertops, at a price that fits their budget. We are the first builder to make each home we build ENERGY STAR® certified. In fact, every ENERGY STAR-certified KB home is tested and verified to meet the strict standards set by the EPA, which help lower the cost of ownership. We also work with our customers every step of the way, building strong personal relationships so they have a real partner in the homebuying process, and the experience is as simple and easy as possible. Learn more about how we build homes built on relationships by visiting kbhome.com .

View source version on businesswire.com: https://www.businesswire.com/news/home/20200117005034/en/


Cara Kane, KB Home

Copyright Business Wire 2020

$ 17.95
-1.13 -5.92%
Volume: 6.59M
March 27, 2020 6:30p
P/E Ratio
Dividend Yield
Market Cap
$1.62 billion
Rev. per Employee

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