Del Webb Continues Its Expansion In The Carolinas
City of Durham approves rezoning for 1,275 homes; pre-sales slated for fall 2012
DURHAM, N.C., June 29, 2012 /PRNewswire/ -- Del Webb is expanding its footprint in the Carolinas with a 1,275-unit active adult community in the City of Durham. A new Del Webb retail sales center is expected to open by late summer with pre-sales to begin in the fall 2012.
The Durham City Council unanimously approved the rezoning for the newest Del Webb community, a 434-acre parcel of land that will be used for the Triangle Area's second Del Webb active adult community. Carolina Arbors by Del Webb will feature 1,275 ranch style townhomes and single-family homes.
"The Triangle Area remains a hot spot for active adults," said Lawrence Lane, the division president for Del Webb in the Raleigh/Durham market. "In our latest Del Webb Baby Boomer Survey, the Carolinas emerged as one of the most preferred retirement destinations. And more specifically, the City of Durham was recently named as the Best Place to Retire by Money Magazine.
"With less than 100 lots left to sell at Carolina Preserve by Del Webb at Amberly in Cary, we are very excited to be in a position to once again meet the growing demand for the Del Webb lifestyle with our newest community, Carolina Arbors."
Carolina Arbors by Del Webb
Carolina Arbors is in the vibrant Brier Creek area at the intersection of TW Alexandra and Highway 70. The area is best known as the premier outdoor shopping mall in the Triangle with more than two million square feet of retail space. Additionally, there are more than 40 restaurants within a one-mile radius of the community. In the heart of the Triangle, Carolina Arbors is convenient to Duke, the University of North Carolina and Wake Med hospitals, as well as the RDU International Airport, boating and fishing, biking and hiking trails, continuing education, cultural events, theater, and collegiate and professional sports.
Pre-sale opportunities for the first phase of development are planned for the fall 2012. A site grand opening with completed designer-decorated models and sales pavilion is planned for spring 2013.
Amenities at Carolina Arbors will feature an approximately 30,000-square-foot state-of-the-art amenity center with a heated indoor pool, ballroom and activity rooms, and a teaching kitchen. Outdoor amenities will feature extensive greenway trails, pickle ball, tennis and bocce courts, community garden, and dog park.
Carolinas: a booming retirement destination
The 1,300 unit community of Carolina Preserve at Amberly by Del Webb is the first Del Webb in North Carolina and one of the most successful Del Webb communities in the country. Located in the town of Cary, the community grand opened in 2006 and has delivered market-leading sales results. It is expected to be built-out by the end of 2013.
According to Lane, more than 50 percent of the buyers in Carolina Preserve were from out of state, and he fully expects the out-of-state appeal to continue for Carolina Arbors. Additionally, half of the buyers are expected to continue working. "With the community's location and access to key employment corridors, buyers can continue to work, but begin enjoying the legendary Del Webb lifestyle."
To join the VIP interest list today or for more information, visit delwebb.com or call toll free at 877-266-0297.
About Del Webb
Del Webb, the pioneer of active adult retirement communities, is America's leading builder of developments for people ages 55+. Since 1960 Del Webb has redefined retirement and retirement living by meeting the housing and lifestyle needs of the active Baby Boomer. Del Webb's amenities and program offerings provide residents an engaging environment, which fulfills their creative, social, physical fitness and intellectual needs as they journey into the next chapter in their lives – whether it means retirement or still working. Del Webb has grown to more than 50 communities currently open for new home sales in 20 states. For more information on Del Webb, visit www.delwebb.com. To learn more about how to plan a smart future, check out financial tools at delwebb.com/value.
SOURCE Del Webb
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