Howard Hughes Holdings Inc. announced the addition of Meritage Homes to the roster of homebuilders at Teravalis™, the company’s new community located in the Phoenix West Valley. Meritage joins Brightland Homes, Century Communities, Courtland Communities, KB Home, Lennar and New Home Co. as homebuilders for Floreo, the first village of Teravalis. Floreo is under development, slated for a grand opening in 2025, and is expected to deliver the first 8,000+ homes in Teravalis over the next decade.
“We have a lot of momentum going into 2025, and adding Meritage Homes to our already impressive list of homebuilders only increases the excitement of what’s to come,” said Charley Freericks, President of the Phoenix Region at Howard Hughes. “With so much on the horizon after the turn of the year, and with Floreo starting to bloom, we are excited to have seven diverse homebuilders by our side to start unveiling floor plans and community amenities in preparation for our grand opening later next year.”
“We are very excited to join in the first phase of this exciting project, and to partner with a renowned company like Howard Hughes, in bringing much-needed housing to the West Valley,” says Matthew Meehan, Phoenix Division Vice President for Meritage Homes. “Our commitment to innovation and energy efficiency in all of our homes aligns with the vision for Teravalis and we look forward to getting started in the new year.”
