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Press release from PR Newswire

Standard Pacific Homes To Break Ground On Tustin Legacy

Monday, June 16, 2014

Standard Pacific Homes To Break Ground On Tustin Legacy

13:25 EDT Monday, June 16, 2014

New community marks the start of construction on single-family homes at the 1,600-acre former Tustin Marine Corps Air Station

TUSTIN, Calif., June 16, 2014 /PRNewswire/ -- Standard Pacific Homes (NYSE:SPF), one of the nation's leaders in homebuilding quality, today announced plans to break ground on the first traditional single-family home community at Tustin Legacy, the 1,600 acre master-planned community located on the former Tustin Marine Corps Air Station. Dubbed Greenwood in Tustin Legacy, the new community will offer 375 upscale homes in the heart of Orange County at the intersection of Park Avenue and Victory Road. Slated to open in spring 2015, Greenwood in Tustin Legacy will showcase Standard Pacific Homes' thoughtful community planning and all-new upscale home designs. A groundbreaking ceremony will be held Wednesday, June 18 at 11:00 a.m.

Standard Pacific Homes to break ground on Tustin Legacy marking the start of construction on single-family homes at the 1,600-acre former Tustin Marine Corps Air Station. The community will be called Greenwood in Tustin Legacy. A groundbreaking ceremony is planned for Wednesday, June 18 at 11:00 a.m.

"Tustin Legacy is one of the most important parcels of land in Orange County," said Michael Battaglia, Southern California Coastal Vice President of Project Development for Standard Pacific Homes. "Greenwood in Tustin Legacy marks an important milestone in the history of the City of Tustin and we are delighted to partner with the city to bring thoughtfully planned two-story single-family home designs to this most prestigious setting."

Ranging in size from 1,800 to 3,979 square feet, the homes within Greenwood in Tustin Legacy will feature large-scale open spaces such as gourmet kitchens that flow into expansive Great Rooms and luxurious master suites. The community will offer a choice of four unique collections of home designs and ample community amenities including a central park, trails, an amphitheater, basketball court, bocce ball court, children's splash pad, a community clubhouse and pool.

"Our city is delighted to be working with such a nationally recognized homebuilder as Standard Pacific Homes," said Al Murray, Mayor of Tustin. "The vitality and future of Tustin will be enhanced by this high-quality housing project in Tustin Legacy."

Located in the heart of Orange County, the nearly 1600-acre former Marine Corps Air Station (MCAS) Tustin was commissioned in 1942 and played a critical role in Navy and Marine aviation for over 50 years. The former marine base, now known as Tustin Legacy, officially closed in 1999. The MCAS Tustin Specific Plan was adopted by the City of Tustin in 2003. Upon build-out, the community will be a vibrant pedestrian oriented, mixed-use district that integrates a variety of uses and activities including offices, retail, restaurant and entertainment uses.

To attend the special groundbreaking ceremony, take I-405, exit Jamboree and proceed east. Exit at Warner and turn right on Warner. Turn right at Park Ave. From I-5, exit Jamboree and proceed west. Exit at Warner and turn right onto Park Ave. Follow the directional signs for parking.

About Standard Pacific HomesStandard Pacific Homes, one of the nation's largest homebuilders, has built homes for more than 115,000 families during its 47-year history. The Company constructs homes within a wide range of price and size targeting a broad range of homebuyers. Standard Pacific Homes operates in many of the largest housing markets in the country with operations in major metropolitan areas in California, Florida, Arizona, North Carolina, South Carolina, Texas and Colorado. For more information about the Company and its new home developments, please visit our website at: www.standardpacifichomes.com

Contact: Danielle ToccoDirector of Communications Standard Pacific Homes949.789.1633dtocco@stanpac.com

Photo - http://photos.prnewswire.com/prnh/20140614/118250

SOURCE Standard Pacific Homes

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