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2005 PRESS RELEASES

Article appeared in New Homes and Living Las Vegas
April 2005

Award-Winning Homebuilder, Astoria Homes, Opens Model Homes at Cornerstone in Northwest Las Vegas

Astoria Homes, an award-winning locally-owned homebuilder, has opened its spectacular model homes at its newest Northwest community of Cornerstone.

Situated near the base of Lone Mountain adjecent to Summerlin, Cornerstone will be developed as a quaint neighborhood hosting quality homes at affordable prices. Cornerstone is Astoria's latest "Triumph Neighborhood," a concept developed by Astoria Homes to help entry-level homebuyers achieve the American dream of home ownership by purchasing homes in popular Las Vegas areas featuring a plethora of first-rate amenities, without hefty price tags.

"We are pleased to provide individuals and families with an affordable housing alternative, with a multitude of amenities, in a growning area in high demand," said Astoria Homes Vice President of Marketing Sia Howe.

Homebuyers can choose from five innovative Cornerstone model homes, ranging from 2,081 to 2,303 square feet. The floor plans offer a variety of choices, ranging from four to five bedrooms, retreats, porches, patios, two-and-a-half to three bathrooms, two-car garages, bonus rooms, and flex space.

Priced from the low $300,000s, Cornerstone homes will be surrounded by superb community amenities, including a playground, swimming pool, picturesque park, and scenic picnic areas. Cornerstone is also conveniently located near shopping centers and schools, and is within close proximity to I-215.

"The homes are not only designed with the homebuyer's needs in mind, but we also have implemented our 'More for Your Money™' program to allow residents to receive 'more' of everything," said Howe.

More for Your Money™ includes more rooms per square foot and brand name features. In addition, it involves Astoria's dedication to overall construction quality, value, attention to detail, and top-notch customer service.

As in Astoria Homes' other communities, Cornerstone is environmentally friendly with all of its homes equipped with ENERGY STAR® features. Astoria Homes was recently named 2005 "ENERGY STAR Partner of the Year" by the Environmental Protection Agency for its energy construction, marketing efforts and overall participation in the program. ENERGY STAR is an EPA-approved system that makes homes at least 30 percent more energy efficient, providing cost savings to the homeowner. ENERGY STAR features include programmable thermostats, air-tight ducts, energy-saving inulsation and engineered heating, ventilation and air conditioning design from name brand companies like Honeywell®, Guardian® , and Energy Inspectors®.

Astoria's other communities, which range from the low $200,000s to the high $400,000s, include: Fields and Prominence at Aliante; Independence, The Verandas at The Peaks, and The Courtyards at The Peaks in the Southwest; and The Hills in Henderson. Another development is Tapestry, a mini-master planned community in Centennial Hills Town Center in Northwest Las Vegas. Tapestry includes the neighborhoods of The Avenues, The Lanes and The Courts.

In an effort to continually improve our plans and designs, ASTORIA HOMES reserves the right to change features, plans, prices, and specifications without notice. All square footages distributed and verbally-quoted are approximate.

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