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Press release from PR Newswire

Standard Pacific Homes Acquires 675 Acres Of Land Within The Wiregrass Area Of New Tampa

Monday, January 21, 2013

Standard Pacific Homes Acquires 675 Acres Of Land Within The Wiregrass Area Of New Tampa13:22 EST Monday, January 21, 2013Investment in upscale master-planned community reflects company's focus on servicing move-up homebuyersTAMPA, Fla., Jan. 21, 2013 /PRNewswire/ -- Standard Pacific Homes, one of the nation's leaders in homebuilding quality, today announced the acquisition of 675 acres in the Wiregrass area of New Tampa, from Sierra Properties. Targeting the move-up buyer segment, the homebuilder will create over 20 all-new luxurious architectural designs to be offered on 1,180 homesites within four distinctive Wiregrass neighborhoods. Among the most coveted locations in Pasco County, Wiregrass will provide home shoppers an opportunity to own a brand new home in an active master-planned community complemented by extensive amenities. (Photo:  http://photos.prnewswire.com/prnh/20130121/LA45301)"As one of the few remaining parcels of land in this prestigious setting, Wiregrass is a perfect match for Standard Pacific Homes' growth strategy which focuses on building exceptional communities in premier locations," said Southeast Regional President for Standard Pacific Homes, David Pelletz. "The top-caliber quality of the community will serve as a flagship for future master-planned communities being created by Standard Pacific Homes in the Florida market."With a grand opening planned for the beginning of 2014, Standard Pacific Homes will offer all-new home designs that feature large-scale open spaces and thoughtful design details suited for the way people live today. The homes will range in size from 1,800 to 5,000 square feet and will feature elegant exterior styles including Italianate, Spanish and European Cottage. Another notable feature is the highly-appointed gourmet kitchen that flows into an expansive Great Room, an ideal space for entertaining and everyday life. The homes will also introduce an indoor/outdoor living concept as well as master suites outfitted with spa-like master baths.Boasting an upscale amenity center, Wiregrass will provide residents the opportunity to enjoy the community clubhouse, tennis courts, a lap pool, a lagoon-style pool, a community playfield, a walking trail system and much more. Located less than two miles from the community is The Shops at Wiregrass, an affluent shopping mall offering 800,000 square feet of retail, restaurants and entertainment options. The surrounding area also includes quality schools, a community college, the Florida Hospital ? Wesley Chapel and a 100-acre regional park. Plus, the community offers direct access to job opportunities as one of the two main gateways into the Tampa Business District. About Standard Pacific HomesStandard Pacific Homes (NYSE:SPF) has been building beautiful, high-quality homes and neighborhoods since its founding in Southern California in 1965. With a trusted reputation for quality craftsmanship, an outstanding customer experience and exceptional architectural design, the Company utilizes its decades of land acquisition, development and homebuilding expertise to successfully navigate today's complex landscape to acquire and build desirable communities in locations that meet the high expectations of the Company's targeted move-up homebuyers. Currently offering new homes in major metropolitan areas in Arizona, California, Colorado, Florida, North Carolina, South Carolina, and Texas, we invite you to learn more about us by visiting standardpacifichomes.com.Contact: Danielle ToccoDirector of Communications Standard Pacific Homes949.789.1633dtocco@stanpac.comSOURCE Standard Pacific Homes