PulteGroup Growing into New Marketplaces in Colorado and North Carolina

ATLANTA–(Small business WIRE)–PulteGroup, Inc. (NYSE: PHM), the nation’s third largest homebuilder, declared its strategies to enter the Denver industry and expand into the Triad area of North Carolina.

“This strategic expansion delivers a further avenue of growth and permits us to increase our superior-returning running design into vital new housing markets,” reported Ryan Marshall, PulteGroup president and CEO. “Having created these original investments, we see the potential to introduce our to start with-time, move-up and active adult manufacturers to every single of these marketplaces in the potential.”

The to start with new Pulte Homes local community in Colorado will debut at Sterling Ranch, a master-prepared group in northern Douglas County, which is expected to open afterwards this 12 months. This community will offer less than the Pulte Households model and supply the revolutionary flooring programs and excellent excellent for which Pulte is acknowledged.

“We are psyched to be coming into the Denver marketplace and start off constructing a robust local presence,” mentioned Les Anderson, PulteGroup’s division president for New Mexico and Colorado. “Sterling Ranch is our original community, but we previously have a selection of other projects beneath evaluation to even further our entry into Colorado.”

Individually, PulteGroup is rising its presence in North Carolina, expanding into the Piedmont Triad location of Greensboro, Winston-Salem and Burlington, found roughly 75 miles northwest of Raleigh. The first of several prepared communities will get started construction this year in Superior Point.

“Thanks to its central location, very low cost of residing and major-rated educational institutions, the Triad has turn out to be a hugely sought-after space for homebuyers,” said David Provider, Raleigh division president for PulteGroup. “We are thrilled to expand into this section of the condition to assist satisfy the increasing demand for new homes and go on offering remarkable homebuyer experiences in North Carolina, as we have for the past 35 yrs.”

About PulteGroup

PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Ga, is just one of America’s premier homebuilding companies with functions in additional than 40 marketplaces through the state. By way of its model portfolio that involves Centex, Pulte Houses, Del Webb, DiVosta Homes, American West and John Wieland Properties and Neighborhoods, the business is a person of the industry’s most versatile homebuilders equipped to satisfy the requires of numerous customer teams and answer to altering buyer need. PulteGroup’s purpose is making unbelievable spots in which persons can are living their dreams.

For a lot more info about PulteGroup, Inc. and PulteGroup’s manufacturers, go to pultegroup.com www.pulte.com www.centex.com www.delwebb.com www.divosta.com www.jwhomes.com and www.americanwesthomes.com. Comply with PulteGroup, Inc. on Twitter: @PulteGroupNews.