Press Release brought to you by K. Hovnanian Homes

K. Hovnanian® Opens New Community in Streetsboro

02/21/2017

Streetsboro, OH, February 2017 – K. Hovnanian® Homes, one of the nation’s largest homebuilders, has opened another new community of single-family homes in northeastern Ohio. Following the successful openings earlier this year of new communities in Lorain and Avon, K. Hovnanian® has now announced the opening of Forest Valley in Streetsboro. Forest Valley will feature 22 luxurious new homes set on spacious homesites, with an impressively designed streetscape. A grand opening celebration and new model opening is being scheduled for early spring 2017.

“This is going to be an exciting year for K. Hovnanian® in Northeast Ohio,” said Derek Lewallen, Marketing Manager for the builder’s Ohio Division. “We opened a number of successful new communities last year and we have plans to continue that growth this year. Forest Valley is one of our most anticipated new communities. It’s going to be a very distinctive neighborhood; one that’s ideal for families and commuters, with a price point and quality of construction that really sets it apart from other communities offering homes of this size in Portage County.”

Forest Valley will feature a collection of all-new single-family home designs, featuring open floorplans, sophisticated architectural details, and designer interiors. Homes will include up to four bedrooms, two-and-a-half baths, and two-car garages. Other distinguishing touches include nine-foot ceilings on the first floor, and refined exteriors with charming accents and details. Every home will come equipped with a smart home technology package from Guardian Protection Services*, including a wireless Z-wave communication hub to provide remote automation and control of an included thermostat, for convenience and energy savings. Homeowners may enhance their smart home technology to include other features such as automation of lights and locks, interactive security, video monitoring and other advanced services.

Streetsboro is a charming, ideal place to live and raise a family. Located between Cleveland and Akron, the city provides easy access to local sporting and entertainment venues. Portage County is home to a number of indoor and outdoor family activities and Streetsboro itself provides residents with more than 500 acres of green space and parks, some with walking paths and pavilions. There is a variety of churches, shops and dining options, and the city is home to the popular four-day Streetsboro Family Days festival. The Akron area is also home to a variety of challenging golf courses, as well as an outdoor water park and three premier wineries. The neighborhood is convenient for commuters, as well, providing easy access to Routes 43, 8, and the Ohio Turnpike.

Forest Valley is now open and selling from nearby K. Hovnanian® community, Herrington Place in Reminderville, until the Forest Valley model home is completed. The Herrington Place sales office is located at 10564 Herrington Drive and is open Monday from 1:00 to 6:00 p.m.; and Tuesday through Sunday from 10:00 a.m. to 6:00 p.m.

Interested buyers are encouraged to contact or visit the sales office at Herrington Place to stay up to date on progress and happenings at Forest Valley.  You may also learn more about the community online at khov.com/ForestValley.

*Permission to use the Guardian name was granted by John A. Piroli, Senior Director, Guardian Home Technologies.

ABOUT HOVNANIAN ENTERPRISES®, INC.

Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The Company is one of the nation’s largest homebuilders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, New Jersey, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The Company’s homes are marketed and sold under the trade names K. Hovnanian® Homes, Brighton Homes® and Parkwood Builders. As the developer of K. Hovnanian’s® Four Seasons communities, the Company is also one of the nation’s largest builders of active lifestyle communities.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the Company’s 2015 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail list, please send an e-mail to IR@khov.com or sign up at http://www.khov.com.

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Source

K. Hovnanian Homes

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