K. Hovnanian® Homes® Opens New Phase in The Preserve at Providence Place

June 22, 2012 - PRLog -- MORRISVILLE, NC – Larry Pittman, K. Hovnanian® Homes® Raleigh Division Vice President of Sales and Marketing, is pleased to announce the opening of a new phase in The Preserve at Providence Place, an established K. Hovnanian® Homes® community. Minutes from I-40 and I-540, Providence Place is convenient to shopping in Brier Creek and a host of Cary venues as well as easy access to RTP, Raleigh, Durham, and Chapel Hill. The community also features a private pool, water slide, volleyball court, clubhouse, and playground.

The new phase at The Preserve at Providence Place offers K. Hovnanian’s® Heritage Series of 3 – 6 bedroom, 2½ – 4 bath single family homes ranging from 1,989 to 3,500 square feet. One plan in the series provides a two master suite option. Priced from the $270s, all homes in this series include 9’ ceilings, hardwoods, crown moldings, granite kitchen countertops, 42” kitchen cabinets, and two-car garages. East- and north-facing homesites are available in this wooded, cul-de-sac phase.

Limited opportunities remain in K. Hovnanian’s® other neighborhoods at Providence Place: The Crossing at Providence Place and The Estates at Providence Place. K. Hovnanian® has sold all of its townhomes in The Village at Providence Place.

ABOUT HOVNANIAN ENTERPRISES®, INC.
Hovnanian Enterprises, Inc., founded in 1959 by Kevork S. Hovnanian, is headquartered in Red Bank, New Jersey. The company is one of the nation’s largest home builders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, Washington, D.C. and West Virginia. The company’s homes are marketed and sold under the trade names K. Hovnanian® Homes®, Matzel & Mumford, Brighton Homes, Parkwood Builders, Town & Country Homes and Oster Homes. As the developer of K. Hovnanian’s® Four Seasons communities, the company is also one of the nation’s largest builders of active adult homes.

Additional information on Hovnanian Enterprises, Inc., including a summary investment profile and the company’s 2011 annual report, can be accessed through the “Investor Relations” section of the Hovnanian Enterprises’ website at http://www.khov.com. To be added to Hovnanian's investor e-mail or fax lists, please send an e-mail to IR@khov.com or sign up at http://www.khov.com

The Providence Place Welcome Center is open to visitors Tuesday – Saturday, 10:00 – 6:00 and Sunday – Monday, 1:00 – 6:00. To visit, take I-40 to Exit 284/Airport Boulevard. Turn right if travelling from I-40 East; turn left if travelling from I-40 West. Turn right on Highway 54/Chapel Hill Road, then left on McCrimmon Parkway. Turn right on Church Street, then left on Mason Farm Road. Turn right on Grace Point Road, which leads to the Welcome Center. For more details, call (919) 461-8350 or visit www.khov.com.