STOCK TITAN

Del Webb Breaks Ground on Newest Michigan Community

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Positive)
Tags
Rhea-AI Summary

Del Webb has begun construction on its latest community, Kensington Ridge, located in southeast Michigan. This active adult community will feature 611 homes designed for residents aged 55 and older, with prices starting in the $400s. Amenities will include a 15,000 sq. ft. clubhouse, a 43-acre lake, and numerous recreational facilities. The grand opening is planned for Spring 2023. Del Webb is a renowned brand under PulteGroup (NYSE: PHM), focused on building innovative homes for an active lifestyle.

Positive
  • Construction of Kensington Ridge community underway.
  • 611 homes designed for the 55+ demographic, starting in the $400s.
  • Amenities include a 15,000 sq. ft. clubhouse and 43-acre lake.
  • Expected grand opening in Spring 2023.
Negative
  • None.

Kensington Ridge by Del Webb set to open Spring 2023

DETROIT--(BUSINESS WIRE)-- Del Webb, the nation’s leading builder of active adult communities for those 55 and older, has officially broken ground on its newest community in southeast Michigan, Kensington Ridge by Del Webb. Located in charming Milford Township off I-96 at Milford Road, the community will grand open in Spring 2023.

Del Webb breaks ground on its newest community in southeast Michigan, Kensington Ridge by Del Webb. (Photo: Business Wire)

Del Webb breaks ground on its newest community in southeast Michigan, Kensington Ridge by Del Webb. (Photo: Business Wire)

“We are so excited to develop this highly anticipated community,” said Kevin Christofferson, president of PulteGroup’s Michigan division. “Kensington Ridge will offer a world-class experience for active adults, with resort-style indoor and outdoor amenities to enjoy, and the opportunity to personalize a new home to make it uniquely theirs.”

A total of 611 single family homes from Del Webb’s consumer-inspired GenYou™ collection will be available, allowing buyers to design their perfect home at Kensington Ridge. Focused on livability and flexibility to enhance convenience and comfort, designs include large kitchen islands, tall sliding glass doors to maximize natural light and flow easily between indoor and outdoor living, spacious owner’s suites with spa-like baths, and ample storage space. Prices are expected to start in the $400s.

The community will also feature a 15,000 sq. ft. clubhouse on a 43-acre lake with life-enhancing amenities, including a beach area, dock for fishing, kayaking and paddleboarding, an indoor pool, a fitness center, pickleball courts, walking paths, a community garden, event lawn, and gazebos and benches to enjoy the surrounding views. It is also adjacent to Kensington Metropark, a 4,481-acre recreational facility with a year-round variety of outdoor activities for all ages.

Kensington Ridge by Del Webb is located at Centennial Dr and S Milford Rd, Milford, Michigan 48381. Interested buyers are encouraged to join the VIP interest list to be the first to hear about upcoming milestones, including community development updates, pricing, special events, promotions, the future grand opening and more. Please visit www.delwebb.com/kensingtonridge, or call (248) 920-9130.

About Del Webb

Del Webb is a national brand of PulteGroup, Inc. (NYSE: PHM). Del Webb is the pioneer in active adult communities and America’s leading builder of new homes designed for pre-retirement and retirees. Del Webb builds consumer inspired homes and communities for active adults ages 55+ who want to continue to explore, grow and learn, socially, physically and intellectually as they look forward to retirement. For more information on Del Webb, visit www.delwebb.com.

For Media Inquiries

Macey Kessler

office: 404.978.6414

macey.kessler@pultegroup.com

Source: PulteGroup, Inc.

FAQ

What is Kensington Ridge by Del Webb?

Kensington Ridge is a new active adult community being developed by Del Webb in southeast Michigan, featuring 611 homes and set to open in Spring 2023.

When will Del Webb's Kensington Ridge open?

The grand opening of Kensington Ridge is planned for Spring 2023.

What amenities will Kensington Ridge offer?

Kensington Ridge will include a 15,000 sq. ft. clubhouse, a lake, pickleball courts, walking paths, and more.

What is the starting price for homes at Kensington Ridge?

Homes at Kensington Ridge are expected to start in the $400s.

What company owns Del Webb?

Del Webb is a brand under PulteGroup, Inc. (NYSE: PHM).

Pultegroup, Inc.

NYSE:PHM

PHM Rankings

PHM Latest News

PHM Stock Data

26.56B
205.08M
0.7%
94.42%
3.13%
Residential Construction
Operative Builders
Link
United States of America
ATLANTA