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2005 PRESS RELEASES

Article appeared in New Homes and Living
March 2005

Astoria Homes Develops New Cornerstone Community in Northwest


With a history of developing spectacular home communities in desirable areas, one might ask if it is possible for Astoria Homes to top itself. The answer is yes, with Cornerstone in the Northwest. The latest offering in award-winning Astoria Homes' communities, Cornerstone continues the Astoria tradition of superb, high-quality homes at affordable prices.

Cornerstone is located near the base of Lone Mountain, adjacent to Summerlin. The community offers easy access to I-215, and is convenient to premium shopping and schools. Prices start from the low $300,000s. The Cornerstone information gallery is currently open and interested buyers can inquire about first phase pricing opportunities. Model home tours will be available in late February.

Cornerstone will feature great community amenities, including a playground, swimming pool, picturesque park, scenic picnic areas, basketball half-courts, and 'no-mower needed' backyards. With the diverse selection of amenities offered at Cornerstone, homebuyers will delight in the fact that there is something for everyone.

"Our goal was to create a lifestyle of relaxation and family fun to accompany the fabulous homes for our homebuyers," said Sia Howe, vice president of marketing for Astoria Homes. "When looking across the Cornerstone community, one envisions family picnics and barbeques, children playing happily and safely at the playground, pick-up basketball games with the neighbors, parks for backyards, and relaxing days sunning out by the pool."

Cornerstone offers five fabulous floor plans. Ranging from 2,081 to 2,303 square feet, each floor plan consists of four to five bedrooms. Homebuyers will find owner's retreats, porches, patios, two-and-a-half to three bathrooms, two-car garages, bonus rooms, and flex space.

As a Triumph Neighborhood, Cornerstone promises the benefits of living in a dream community. The Triumph concept has not only been successful for Astoria Homes, but also for homeowners offering residents the ultimate dream of home ownership through entry-level homes in premium areas.

Additionally, Astoria has included its "More for Your Money™" message for the Cornerstone community. Cornerstone residents will receive "More" of everything including rooms per square foot and reputable brand name features, as well as Astoria's renowned quality, value, attention to detail, customer care and superb amenities.

"With the skyrocketing housing market we have experienced in the past year, it has been a daunting task for many Las Vegas residents to purchase a home, " said Howe. "The Triumph Neighborhood concept and our 'More for Your Money™' message will make buying a Cornerstone home a reality."

Cornerstone is environmentally friendly to maintain Astoria's commitment to ENERGY STAR® and overall energy consciousness. Astoria Homes was recently named 2005 "ENERGY STAR Partner of the Year" from 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. Every home at Cornerstone, along with Astoria's other communities, has ENERGY STAR built into each house.

"ENERGY STAR features include air-tight ducts, energy-saving insulation, and engineered heating, ventilation and air conditioning design from name brand companies like Honeywell®, Guardian® and Energy Inspectors®. "Not only do we make it affordable to buy a home, but we make it affordable to maintain the home as well," said Howe.

Astoria also recently received "Home Builder of the Year" honors from the Nevada Association of Mortgage Brokers at theri first annual "Most Ethical" Awards.

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 that is located 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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