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Toll Brothers Announces New Luxury Home Community Coming Soon to Parkland, Florida

1. Toll Brothers announces Saltgrass at Heron Bay community in Parkland, Florida. 2. Open for sale in summer 2025, featuring 52 luxury homes. 3. Homes start at $1.6 million, emphasizing upscale living amenities. 4. Located in a prime area with excellent schools and community facilities. 5. Showcases Toll Brothers' design options and personalization for buyers.

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FAQ

Why Bullish?

The announcement of a new luxury community can drive demand and sales. Historically, similar developments by Toll Brothers have positively influenced stock prices.

How important is it?

The launch of a high-end community aligns with Toll Brothers' brand, potentially enhancing market position. This could lead to increased investor confidence and interest in TOL.

Why Long Term?

New communities typically take time to generate revenue, impacting future earnings positively over years. Demand for luxury homes may sustain over this horizon.

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PARKLAND, Fla., April 21, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Southeast Florida community, Saltgrass at Heron Bay, is coming soon to the Heron Bay master plan in Parkland, Florida. This premier community of new construction homes, located at 11773 NW 70th Place in Parkland, is scheduled to open for sale in summer 2025. Saltgrass at Heron Bay features luxurious homes, expansive home sites, and endless activities that come together to create an unparalleled lifestyle. This exclusive Toll Brothers neighborhood will include just 52 single-family homes ranging from 2,632 to over 4,000 square feet, offering 3- or 4-car garages and oversized home sites perfect for outdoor living. Home pricing is anticipated to start from $1.6 million. “Our new Saltgrass at Heron Bay community will offer residents the rare opportunity to build a new construction home within the well-established Heron Bay master-planned community and highly desirable Parkland area,” said Jonathan Carter, Division President of Toll Brothers in Southeast Florida. “With large, open floor plans, unrivaled personalization options through the Toll Brothers Design Studio experience, and extensive updated amenities, this community will set a new standard for luxury living in Parkland.” Ideally situated within one of southeast Florida's most sought-after master-planned communities, Saltgrass at Heron Bay boasts extensive amenities including two newly renovated clubhouses, onsite dining, state-of-the-art fitness centers, a resort-style swimming pool, and sport courts. Residents will enjoy convenient public beach access, dining, shopping, parks, and major commuter routes. Children will attend school in the highly rated Broward County Public Schools district. Toll Brothers customers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows customers to choose from a wide array of selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants. For more information and to join Toll Brothers interest list for Saltgrass at Heron Bay, home shoppers can call (855) 776-8655 or visit TollBrothers.com/FL. About Toll Brothers Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 58 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations. Toll Brothers has been one of Fortune magazine’s World's Most Admired Companies™ for 10+ years in a row, and in 2024 the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com. From Fortune, ©2025 Fortune Media IP Limited. All rights reserved. Used under license. Contact: Andrea Meck | Toll Brothers, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com Photos accompanying this announcement are available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/9ac4bbd2-5438-4d34-ab5a-f298dcff407f https://www.globenewswire.com/NewsRoom/AttachmentNg/15e8fa48-6cd6-45f6-9fad-523192378f17 Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)

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