PulteGroup Announces Return to Salt Lake City, Utah Market

Rhea-AI Summary

PulteGroup, Inc. (NYSE: PHM) plans to reenter the Salt Lake City market after nearly two decades, with two new construction communities under its Pulte Homes brand, offering single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber. The communities are expected to grand open in early 2024, featuring 64 single-family homes and 114 townhomes at buildout. The single-family home community will offer eight floorplans ranging from 2,400 to 2,900+ square feet, while the townhome community will have four three-story attached home designs from 2,300 to 2400+ square feet. The communities are conveniently located near I-40, just 15 minutes outside of Park City, with stunning views of the Jordanelle Reservoir and Wasatch Mountain Range, and a robust amenity package including mountain bike and hiking trails, a golf park, ice skating rink, and multiple clubhouses.

Two new Pulte Homes communities will open in early 2024

ATLANTA--(BUSINESS WIRE)-- After nearly two decades, one of the nation’s largest homebuilders, PulteGroup, Inc. (NYSE: PHM) has announced plans to reenter the Salt Lake City market. Beginning with two new construction communities under its Pulte Homes brand, the Company will offer single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber. Both communities are expected to grand open in early 2024.

“We are thrilled to begin building a strong local presence in Salt Lake City, one of the most desirable and affluent growth areas in the country,” said Ryan Breen, president of PulteGroup’s Las Vegas division, which will manage operations in Utah. “Jordanelle Ridge is the first of several planned developments to expand our product offerings and further our return to the market.”

Pulte’s new Deep Creek at Jordanelle Ridge communities will feature 64 single-family homes and 114 townhomes at buildout. The single-family home community will offer eight floorplans ranging from 2,400 to 2,900+ square feet. There will be four three-story attached home designs from 2,300 to 2400+ square feet for buyers to choose from in the townhome community.

Jordanelle Ridge is located near I-40, just 15 minutes outside of prestigious Park City, home to world-class ski resorts, restaurants, golf courses, and several state parks. Conveniently situated near Heber and Midway, the Salt Lake City International Airport is less than an hour drive. The community features stunning views of the Jordanelle Reservoir and Wasatch Mountain Range. When complete, residents of the master planned community will enjoy a robust amenity package, including mountain bike and hiking trails, a golf park, ice skating rink, and multiple clubhouses.

To learn more about Pulte’s new communities in Jordanelle Ridge and to be added to the interest list, prospective homebuyers and real estate professionals are encouraged to call (801) 790-0312 or visit www.pulte.com/homes/utah/salt-lake-city/heber-city/deep-creek-at-jordanelle-ridge-canyon-211200.

About Pulte Homes

Pulte Homes is a national brand of PulteGroup, Inc. (NYSE: PHM). Pulte Homes builds consumer inspired homes and communities that provide the move-up buyer the best quality of life. Only Pulte Homes offers the combination of innovative Life Tested Home Designs® with an unwavering commitment to quality and attention to detail. For more information about Pulte Homes, visit pulte.com.

About PulteGroup

PulteGroup, Inc. (NYSE: PHM), based in Atlanta, Georgia, is one of America’s largest homebuilding companies with operations in more than 40 markets throughout the country. Through its brand portfolio that includes Centex, Pulte Homes, Del Webb, DiVosta Homes, American West and John Wieland Homes and Neighborhoods, the company is one of the industry’s most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup’s purpose is building incredible places where people can live their dreams.

For more information about PulteGroup, Inc. and PulteGroup brands, go to pultegroup.com; pulte.com; centex.com; delwebb.com; divosta.com; jwhomes.com; and americanwesthomes.com. Follow PulteGroup, Inc. on Twitter: @PulteGroupNews.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231129802920/en/

For Media Inquiries

Macey Kessler

office: 404.978.6414

macey.kessler@pultegroup.com

Source: PulteGroup

FAQ

What are PulteGroup, Inc.'s plans for reentering the Salt Lake City market?

PulteGroup, Inc. (NYSE: PHM) plans to reenter the Salt Lake City market with two new construction communities under its Pulte Homes brand, offering single-family homes and townhomes in Jordanelle Ridge, a new master planned community in Heber.

What is the expected grand opening date for the new communities in Salt Lake City?

The communities are expected to grand open in early 2024.

How many single-family homes and townhomes are expected to be featured at buildout in the new communities?

The communities will feature 64 single-family homes and 114 townhomes at buildout.

What amenities will be available to residents in the master planned community?

Residents will enjoy a robust amenity package, including mountain bike and hiking trails, a golf park, ice skating rink, and multiple clubhouses.