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Tri Pointe Homes Announces Newest Townhome Community in Cary

1. Tri Pointe Homes announces The Townes at Willow Park in Cary. 2. 134 townhomes priced from $500Ks; construction begins this fall. 3. Community offers modern homes and access to top schools and amenities. 4. Tri Pointe recognized for customer experience and sustainable practices. 5. Positive local economy and prime location enhance market appeal.

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FAQ

Why Bullish?

The launch of a new residential community in a desirable location suggests strong demand, which can boost TPH's stock price. Similar past projects have garnered attention and driven stock performance positively.

How important is it?

New community developments can significantly influence both near-term sales and long-term brand strength, making this relevant for TPH’s current strategy.

Why Long Term?

Establishing a community will continue to generate revenue for years, reflecting positively on TPH's long-term financial health. Areas with robust economic growth often see sustained homebuyer interest, contributing positively over time.

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The Townes at Willow Park Embody Premium Living in a Prime Location, /PRNewswire/ -- Tri Pointe Homes®, one of the nation's largest homebuilders, is excited to announce its newest townhome community in the Triangle region, The Townes at Willow Park, marking its debut in the sought after town of Cary. The new neighborhood consists of approximately 134 homesites with prices starting in the $500Ks. Construction at the Townes at Willow Park is expected to begin this fall, with sales anticipated to open in early 2026. Tri Pointe Homes Raleigh team breaking ground at the Townes at Willow Park. Located at the intersection of McCrimmon Parkway and Louis Stephens Drive, the Townes at Willow Park will offer four, two-story townhome plans ranging from approximately 2,000 to 2,500 square feet, with 3-4 bedrooms, 2.5-3.5 bathrooms and two-bay front-load garages. Homebuyers will have the opportunity to tour two different model homes, showcasing the Felix and Rowan floor plans. The Townes at Willow Park feature modern and inviting homes and include a community gathering space, complete with a fire pit and seating. "At the Townes at Willow Park, life meets luxury, style and convenience," said Vice President of Community Experience at Tri Pointe Homes Raleigh James Flanagan. "We are excited to expand our portfolio of communities in the Triangle with the Townes at Willow Park and are confident homebuyers will be drawn to its location and enjoy our premier design choices." The city of Cary provides quality of life, great schools, and a growing economy. The Townes at Willow Park offer convenient access to the Research Triangle Park and leading higher education institutions including North Carolina State University, Duke University and the University of North Carolina. These premium townhomes are in close proximity to the Raleigh-Durham International Airport, conveniently situated near the State-of-the-Art Downtown Cary Park, Lake Crabtree, and are situated near popular shops and restaurants. The area has several nearby parks and greenways, providing plenty of opportunities to step away from the hustle and bustle and enjoy the outdoors.To learn more about the Tri Pointe Homes Raleigh Division and stay up to date on the latest Townes at Willow Park information, visit www.tripointehomes.com/raleigh.About Tri Pointe Homes® - RaleighOne of the largest homebuilders in the U.S., Tri Pointe Homes, Inc. (NYSE: TPH) is a publicly traded company operating in 12 states and the District of Columbia, and is a recognized leader in customer experience, innovative design, and environmentally responsible business practices. The company builds premium homes and communities with deep ties to the communities it serves—some for as long as a century. Tri Pointe Homes combines the financial resources, technology platforms and proven leadership of a national organization with the regional insights, longstanding community connections and agility of empowered local teams. Tri Pointe, the recipient of the 2024 Builder of the Year award from the Home Builders Association of Raleigh – Wake County, has won multiple Builder of the Year awards, was named to the 2024 Fortune World's Most Admired Companies™ list, is one of the 2023 Fortune 100 Best Companies to Work For® and was designated as one of the 2023 PEOPLE Companies That Care®. The company has also been named a Great Place To Work-Certified™ company for four years in a row (2021-2024) and was named on several Great Place To Work® Best Workplaces lists in 2022 and 2023. Tri Pointe Homes is a recognized leader in the Raleigh real estate sector. For more information, please visit TriPointeHomes.com.SOURCE Tri Pointe Homes WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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