Lennar Demonstrates Commitment To StoneWater Master Planned Community In Cary, North Carolina

Construction begins on newest phase with more than 20 pre-sales

[USPRwire, Fri Apr 24 2009] Lennar, one of the nation’s leading homebuilders, remains committed to moving forward with the StoneWater master-planned community and has just completed the purchase of additional land to start the next phase of development at the location in Cary, North Carolina. The homebuilder plans to have more than 20 pre-sold homes under construction by next month.

The StoneWater master-planned community is destined to become one of the most desired addresses in the Triangle area with Cary, North Carolina, recently ranking in the Top 20 on the “2008 Best Places to Live” list published by CNN Money magazine. The Community will feature 500 new homes ranging from townhomes, patio homes, single-family homes, and executive homes with a variety of floor plan options available.

“We wanted to offer a wide variety of homes and price ranges to ensure a lifestyle option for every prospective homebuyer,” said Rich Sherman, President of Lennar’s Raleigh division. “It doesn’t matter if you are a young professional, a first-time homebuyer, or a growing family, you can find a home to fit your needs at StoneWater.”

Once complete the five Communities within the 250-acre master-planned community will include Terracotta featuring two and three-story luxury townhomes, Bali featuring patio and single-family homes, Capri in Verzino featuring single-family homes, Bella in Verzino featuring single-family homes and Terrazo featuring executive homes.

Residents will enjoy miles of scenic winding paths perfect for walking, jogging and cycling. The Amenity Center currently under construction will feature more than 5,000 square feet of recreational space, including a Junior Olympic Size swimming pool with a large twisting family-fun slide, grilling area, an outdoor playground for the kids and for the adults a business center offering Wi-Fi access. StoneWater also features several Outdoor Pavilions for picnics and neighborhood gatherings. Future Village Shops are also slated to be located within the Community.

StoneWater is located just minutes from the Triangle’s major universities, medical centers, Brier Creek Shopping Center and The Streets at Southpoint. It offers convenient access to I-540, I-40, Raleigh/Durham International Airport (RDU) and Research Triangle Park (RTP).

The Community offers some of the most attractive pricing in the Cary area with single-family homes priced from the $190s and townhomes starting from the $180s. Models for the new phase of homes are already under construction.

“Lennar is thrilled to bring high-energy living to the heart of the high-tech Triangle,” said Sherman. “We look forward to StoneWater becoming an address of distinction that provides a richness of life for many families.”

Lennar is a homebuilder currently celebrating its 55-year anniversary with homes in various markets across the country. Homebuyers can feel confident that with this longevity of solid business practices and financial stability they are buying from a homebuilder who will be here tomorrow.

The Raleigh division of Lennar offers a variety of homes from luxury townhomes, patio homes, and single-family homes to active lifestyle communities that offer homebuyers the very best amenities.

For more information on StoneWater and for a complete list of Communities in the Raleigh area visit www.Lennar.com/Raleigh or call 919-201-3506.

Company: Lennar - Raleigh Division

Contact Name: Lennar

Contact Email: brandimcdonald@zadv.com

Contact Phone: 321-446-8967

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