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Toll Brothers Announces Chambray at LoSo Now Open in Charlotte, North Carolina

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Toll Brothers (NYSE:TOL) has announced the opening of Chambray at LoSo, a new luxury townhome community in Charlotte, North Carolina. The development features 82 townhomes with modern designs, ranging from 1,590 to 2,000+ square feet and priced from the upper $500,000s. Located in the trendy Lower South End neighborhood, the community offers three distinct four-story townhome designs with 2 to 4 bedrooms, 3 to 4 baths, two-car garages, and rooftop terraces with city views.

Buyers can personalize their homes at the Toll Brothers Design Studio. The community's location provides easy access to local amenities, dining, and entertainment options, as well as proximity to Interstates 77 and 277. The Sales Center is currently open at the nearby Toll Brothers Tremont Station community.

Toll Brothers (NYSE:TOL) ha annunciato l'apertura di Chambray at LoSo, una nuova comunità di townhome di lusso a Charlotte, Carolina del Nord. Il progetto comprende 82 townhome con design moderni, che variano da 1.590 a oltre 2.000 piedi quadrati e sono in vendita a partire da oltre 500.000 dollari. Situata nel trendy quartiere Lower South End, la comunità offre tre distinti design di townhome a quattro piani con 2 a 4 camere da letto, 3 a 4 bagni, garage per due auto e terrazze sul tetto con vista sulla città.

Gli acquirenti possono personalizzare le loro abitazioni presso il Toll Brothers Design Studio. La posizione della comunità offre facile accesso ai servizi locali, a ristoranti e opzioni di intrattenimento, oltre alla vicinanza alle autostrade 77 e 277. Il Centro Vendite è attualmente aperto nella vicina comunità Toll Brothers Tremont Station.

Toll Brothers (NYSE:TOL) ha anunciado la apertura de Chambray at LoSo, una nueva comunidad de adosados de lujo en Charlotte, Carolina del Norte. El desarrollo cuenta con 82 adosados con diseños modernos, que oscilan entre 1,590 y más de 2,000 pies cuadrados y se venden a partir de más de 500,000 dólares. Ubicada en el moderno barrio de Lower South End, la comunidad ofrece tres diseños distintos de adosados de cuatro pisos con 2 a 4 dormitorios, 3 a 4 baños, garajes para dos coches y terrazas en la azotea con vistas a la ciudad.

Los compradores pueden personalizar sus hogares en el Toll Brothers Design Studio. La ubicación de la comunidad proporciona fácil acceso a servicios locales, restaurantes y opciones de entretenimiento, así como cercanía a las autopistas 77 y 277. El Centro de Ventas está actualmente abierto en la cercana comunidad Toll Brothers Tremont Station.

Toll Brothers (NYSE:TOL)는 노스캐롤라이나주 샬럿에 있는 Chambray at LoSo라는 새로운 고급 타운홈 커뮤니티의 개장을 발표했습니다. 이 개발에는 82채의 타운홈이 포함되어 있으며, 현대적인 디자인으로 1,590에서 2,000제곱피트 이상 크기이며, 가격은 50만 달러 후반대부터 시작합니다. 트렌디한 로워 사우스 엔드 지역에 위치한 이 커뮤니티는 2에서 4개의 침실, 3에서 4개의 욕실, 2대의 차고와 도시 전경을 감상할 수 있는 옥상 테라스를 갖춘 세 가지 독특한 4층 타운홈 디자인을 제공합니다.

구매자는 Toll Brothers 디자인 스튜디오에서 자신의 집을 개인화할 수 있습니다. 이 커뮤니티의 위치는 현지 편의시설, 식당 및 오락 옵션에 쉽게 접근할 수 있으며, 인터스테이트 77 및 277과 가까운 지역입니다. 판매 센터는 인근의 Toll Brothers Tremont Station 커뮤니티에서 현재 운영 중입니다.

Toll Brothers (NYSE:TOL) a annoncé l'ouverture de Chambray at LoSo, une nouvelle communauté de maisons de ville de luxe à Charlotte, en Caroline du Nord. Le développement comprend 82 maisons de ville avec des designs modernes, allant de 1 590 à plus de 2 000 pieds carrés et à partir de plus de 500 000 dollars. Située dans le quartier trendy de Lower South End, la communauté offre trois conceptions distinctes de maisons de ville de quatre étages avec 2 à 4 chambres, 3 à 4 salles de bains, des garages pour deux voitures et des terrasses sur le toit avec vue sur la ville.

Les acheteurs peuvent personnaliser leurs maisons au Toll Brothers Design Studio. L'emplacement de la communauté permet un accès facile aux commodités locales, aux restaurants et aux options de divertissement, ainsi qu'une proximité avec les autoroutes 77 et 277. Le Centre de Vente est actuellement ouvert dans la communauté voisine de Toll Brothers Tremont Station.

Toll Brothers (NYSE:TOL) hat die Eröffnung von Chambray at LoSo angekündigt, einer neuen luxuriösen Townhome-Gemeinschaft in Charlotte, North Carolina. Die Entwicklung umfasst 82 Townhomes mit modernen Designs, die von 1.590 bis über 2.000 Quadratfuß reichen und ab über 500.000 Dollar angeboten werden. Die Gemeinschaft befindet sich im trendigen Lower South End Viertel und bietet drei unterschiedliche vierstöckige Townhome-Designs mit 2 bis 4 Schlafzimmern, 3 bis 4 Bädern, Doppelgaragen und Dachterrassen mit Blick auf die Stadt.

Käufer können ihre Häuser im Toll Brothers Design Studio individualisieren. Die Lage der Gemeinschaft ermöglicht einen einfachen Zugang zu lokalen Annehmlichkeiten, Restaurants und Unterhaltungsmöglichkeiten sowie die Nähe zu den Autobahnen 77 und 277. Das Verkaufszentrum ist derzeit in der nahegelegenen Toll Brothers Tremont Station Gemeinschaft geöffnet.

Positive
  • Expansion into a trendy Charlotte neighborhood with 82 new luxury townhomes
  • Prime location with walking distance to shops, restaurants, and light rail connection to Uptown
  • Homes priced from the upper $500,000s, indicating potential for high-end market demand
  • Offering customization options through the Toll Brothers Design Studio
Negative
  • None.

Insights

Toll Brothers' launch of Chambray at LoSo in Charlotte marks a strategic move in the luxury housing market. With 82 new townhomes priced from the upper $500,000s, this development targets the high-end segment in a prime location. The walkable proximity to trendy shops and restaurants in Lower South End adds significant value, potentially driving demand despite the premium pricing. The variety of designs (1,590 to 2,000+ square feet) caters to diverse buyer preferences, while features like rooftop terraces with city views could be strong selling points. However, the luxury focus might limit the buyer pool, especially if economic conditions tighten. The project's success will likely hinge on Charlotte's continued economic growth and the sustained appeal of urban living post-pandemic.

Chambray at LoSo represents a calculated risk by Toll Brothers in Charlotte's evolving real estate landscape. The low-maintenance, high-luxury approach aligns with current trends favoring convenience and quality of life. The development's location near light rail connections to Uptown enhances its appeal for young professionals and empty nesters alike. The Design Studio concept adds a personalized touch, potentially justifying the premium pricing. However, with upper $500,000s starting prices, Toll Brothers is betting on sustained demand for luxury urban living. The success of this project could serve as a bellwether for similar developments in other growing mid-sized cities. Investors should monitor absorption rates and any potential adjustments to pricing strategy as indicators of market reception.

CHARLOTTE, N.C., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced Chambray at LoSo, a brand-new townhome community, is now open for sale in Charlotte, North Carolina. The luxury, low-maintenance community is within walking distance of the trendy shops and restaurants of the bustling Lower South End neighborhood. The Sales Center for Chambray at LoSo is now open at the nearby Toll Brothers Tremont Station community located at 547 West Tremont Avenue in Charlotte.

Located in the heart of Charlotte, Chambray at LoSo will feature 82 new Toll Brothers townhomes with modern architectural design and sophisticated finishes. Home buyers will be able to choose from three distinct four-story townhome designs. Homes range from 1,590 to 2,000+ square feet of luxury living space and feature 2 to 4 bedrooms, 3 to 4 baths, two-car garages, and highly sought-after rooftop terraces with stunning city views. Homes are priced from the upper $500,000s.

Home buyers will experience one-stop shopping at the Toll Brothers Design Studio. The state-of-the-art Design Studio allows home buyers to choose from a wide array of Designer Appointed Collections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

Chambray at LoSo by Toll Brothers

“We are thrilled to introduce our newest townhome collection, Chambray at LoSo, to the vibrant LoSo area of Charlotte,” said Ryan Switzer, Division President of Toll Brothers in Charlotte. “With unparalleled access to exceptional dining and entertainment options, all seamlessly connected via light rail to Uptown, this is an exciting location in a vibrant neighborhood.”

The new Chambray at LoSo community is located at 463 Blairhill Road in Charlotte. Homeowners will enjoy proximity to Interstates 77 and 277. Abundant parks, recreation spaces, and greenway trails are also located nearby.

For more information on Chambray at LoSo, prospective home buyers are invited to call (866) 232-1719 or visit ChambrayAtLoSo.com.

About Toll Brothers

Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Indiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.

In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list and the Company’s Chairman and CEO Douglas C. Yearley, Jr. was named one of 25 Top CEOs by Barron’s magazine. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.

From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.

Contact: Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b271aea9-2ab4-4263-b648-a2cd7f1f3bf6

Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)


FAQ

What is the price range for Toll Brothers' Chambray at LoSo townhomes in Charlotte?

The townhomes at Chambray at LoSo are priced from the upper $500,000s.

How many townhomes will be available in Toll Brothers' Chambray at LoSo community?

The Chambray at LoSo community will feature 82 new Toll Brothers townhomes.

What are the size ranges for Toll Brothers' Chambray at LoSo townhomes?

The townhomes range from 1,590 to 2,000+ square feet of living space.

Where is the Sales Center located for Toll Brothers' Chambray at LoSo?

The Sales Center is located at the nearby Toll Brothers Tremont Station community at 547 West Tremont Avenue in Charlotte.

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