KB Home Announces the Grand Opening of The Villas at North Park in Broomfield

Builder’s latest Colorado community features attractively-priced
homes in a beautiful, commuter-friendly master plan west of Interstate 25

BROOMFIELD, Colo.–(BUSINESS WIRE)–KB Home (NYSE: KBH), one of the nation’s largest and most recognized
homebuilders, today announced the grand opening of The Villas at North
Park, a commuter-friendly community offering 96 new homes in a prime
Broomfield location with many neighborhood amenities, convenience to the
area’s major transportation corridors and outdoor recreational
activities.

The Villas is situated within North Park, a 935-acre development
strategically positioned west of I-25 between Highway 7 and Northwest
Parkway, with easy access to the I-25 and E-470 corridor. KB homeowners
at The Villas at North Park can take advantage of the community’s direct
connections to downtown Denver, Denver International Airport (DIA) and
Boulder, including close proximity to major Front Range universities and
regional attractions.

Plans for the mixed-use North Park property include on-site shopping and
dining, natural open spaces and trails, and a walkable urban core
business district, while KB Home’s The Villas will feature its own
community park with a play field, pavilion and picnic tables. Outside of
North Park, homeowners can enjoy the activities available at the nearby
Broomfield Regional Trail System, Larkridge Shopping Center, and Orchard
Town Center.

The two-story floor plans at The Villas are sized between 1,443 and
1,682 square feet, and include up to four bedrooms, two-and-a-half
baths, and attached two-car garages, with private side yards for
gardening, entertaining or pets. Starting from the low-$300,000s, the
paired KB homes at The Villas are attractively priced for the area, and,
unlike existing homes, can be personalized during the building process
to suit a homebuyer’s individual style and taste.

KB homes at The Villas at North Park are designed to be highly energy-
and water-efficient, which can help KB homeowners reduce their monthly
utility bills and lower the overall cost of ownership. All KB homes,
including those at The Villas at North Park, meet exacting ENERGY STAR®
guidelines and include WaterSense® labeled faucets and fixtures.

The Villas at North Park is now open at 2366 W. 165th Place, between
Sheridan Parkway and Preble Creek Parkway in Broomfield. To learn more,
visit www.kbhome.com
or call 888-KB-HOMES.

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 a
WaterSense® Partner of the Year for four consecutive years. 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
Craig LeMessurier, 925-983-4509
clemessurier@kbhome.com