Following the recent announcement by Howard Hughes Holdings Inc. (NYSE: HHH) of the first four homebuilders to join TeravalisTM, the company announced today the addition of Century Communities to its growing roster. Century Communities will join Lennar, Brightland Homes, KB Home, and Courtland Communities as the first to build in Floreo, the first village being developed in Teravalis. To date, Century Communities has purchased 114 lots within Floreo at Teravalis.
“Our vision for Teravalis comes further into focus with the announcement of each new homebuilder, and we are pleased that Century Communities is joining us as we collectively build a bold new future for Buckeye and the Phoenix West Valley,” said David O’Reilly, Chief Executive Officer of Howard Hughes.
“We are honored to join Teravalis and work again with Howard Hughes, bringing quality new homes—available through our streamlined online homebuying process—to this stunning new community,” said Taylor Lilly, Phoenix Division President at Century Communities. “Teravalis is a unique development that’s well positioned to deliver much-needed new homes to Phoenix’s fast-growing West Valley.”
The grand opening of Floreo, expected to bring 5,000 homes to Teravalis over the next decade, is currently slated for 2025, with additional homebuilders to be announced in the upcoming months.
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