KB Home Announces the Grand Opening of Forest Hammock in Orange Park

National builder’s newest Jacksonville-area neighborhood features
beautiful homes and excellent amenities in a prime location

ORANGE PARK, Fla.–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, today announced the grand opening of Forest
Hammock
, an idyllic new home community that boasts a variety of
impressive on-site amenities in Orange Park’s popular Oakleaf Plantation
area. Well-located for convenient commuting and served by highly-rated
schools, Forest Hammock offers the benefits of resort-style living with
easy access to employment centers and area attractions.

With Forest Hammock’s exceptional proximity to Interstates 295, 10 and
95, residents are only minutes from Jacksonville’s central business
district and Naval Air Station Jacksonville. In addition, homeowners at
Forest Hammock can enjoy outdoor activities at nearby Jennings State
Forest, as well as premier shopping and dining at Oakleaf Town Center.

Forest Hammock homeowners can also take advantage of the community’s
considerable recreational offerings, including a pool, pavilion,
playground, walking paths and volleyball and tennis courts.

KB Home plans to construct a total of 80 single-family homes at Forest
Hammock, with one- and two-story floor plans available that range in
size from 1,650 to 2,818 square feet and can be built with up to six
bedrooms and four baths. Priced from the low-$200,000s with no CDD fees,
KB homes at Forest Hammock include a number of desirable design features
and can be personalized to suit each homebuyer’s individual preferences.

All KB homes, including those at Forest Hammock, are ENERGY STAR®
certified and equipped with the latest in energy- and water-saving
features. Included features such as dual pane, low-E windows, increased
insulation and WaterSense® labeled faucets and fixtures can help
increase homeowners’ comfort while saving on monthly energy expenses
compared to typical new or resale homes.

KB Home is hosting a grand opening celebration for Forest Hammock at 431
Hepburn Road in Oakleaf Plantation on Saturday, April 2 from 11 a.m. to
2 p.m. with food, refreshments and fun activities for home shoppers to
enjoy while touring the community’s new model homes. For more
information, visit www.kbhome.com
or call 888-KB-HOMES.

About KB Home

KB Home is one of the largest and most recognized homebuilders in the
United States and an industry leader in sustainability, building
innovative and highly energy- and water-efficient new homes. Founded in
1957 and the first NYSE-listed homebuilder (ticker symbol: KBH), the
company has built nearly 600,000 homes for families from coast to coast.
Distinguished by its personalized homebuilding approach, KB Home lets
each buyer choose their lot location, floor plan, décor choices, design
features and other special touches that matter most to them. To learn
more about KB Home, call 888-KB-HOMES, visit www.kbhome.com
or connect on Facebook.com/KBHome
or Twitter.com/KBHome.

Contacts

KB Home
Cara Kane, 321-299-6844
ckane@kbhome.com