KB Home Announces the Grand Opening of Lakewood Pines Preserve in Houston

Builder opens luxurious new community with attractively priced homes
in the popular West Lake Houston corridor

HOUSTON–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, is celebrating the grand opening of its Lakewood Pines
Preserve community, an ideally-located new neighborhood offering homes
priced from the low-$200,000s and exclusive access to a host of
excellent planned amenities. Nestled within the desirable West Lake
Houston corridor, Lakewood Pines Preserve is close to the area’s major
employers, as well as premier shopping and entertainment.

Lakewood Pines Preserve is conveniently located close to great shopping
at the Atascocita Town Center and the local H-E-B® Summerwood Market, as
well as to major employment centers, including the Houston Ship Channel
and upcoming Generation Park.

KB Home will host a grand opening event on Saturday, October 17, where
guests can enjoy complimentary barbecue fare and live entertainment.

The extensive community amenities planned for Lakewood Pines Preserve
include a pool, air-conditioned clubhouse, a park with pavilion, trails,
a pond, and recreation center for residents’ exclusive use. In addition,
with its prime location along the western shore of Lake Houston,
homeowners can easily enjoy a variety of outdoor recreational
activities, including boating and fishing. Families with school-age
children will be served by the highly-rated Humble School District.

The eight one- and two-story floor plans available at Lakewood Pines
Preserve range in size from 2,130 to 3,353 square feet, with up to five
bedrooms and three-and-a-half baths. The KB homes at Lakewood Pines
Preserve include desirable design features, and can be personalized to
suit each homebuyer’s individual preferences.

All KB homes, including those at the Lakewood Pines Preserve, are ENERGY
STAR® certified, meaning they are designed to be more energy-efficient
than most typical new and resale homes available in the area.

KB Home’s Lakewood Pines Preserve community is located at 13015 Ivory
Field Lane in Houston. Visit www.kbhome.com
or call 888-KB-HOMES to learn more.

About KB Home
KB Home is one of the largest and most
recognized homebuilding companies in the United States. Since its
founding in 1957, the company has built more than half a million quality
homes. KB Home’s unique homebuilding approach lets each buyer customize
their new home from lot location to floor plan and design features. As a
leader in utilizing state-of-the-art sustainable building practices, all
KB homes are highly energy efficient and meet strict ENERGY STAR®
guidelines. This helps to lower monthly utility costs for homeowners,
which the company demonstrates with its proprietary KB Home Energy
Performance Guide® (EPG®). KB Home has been named an ENERGY STAR Partner
of the Year Sustained Excellence Award winner for five straight years
and earned the WaterSense® Sustained Excellence designation in 2015. A
FORTUNE 1,000 company, Los Angeles-based KB Home was the first
homebuilder listed on the New York Stock Exchange, and trades under the
ticker symbol “KBH.” For more information about KB Home, call
888-KB-HOMES, visit www.kbhome.com,
or connect with KB Home on Facebook.com/KBHome and Twitter.com/KBHome.

Contacts

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

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