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Toll Brothers Announces Grand Opening of Riverstone Crossing in Spring City, Pennsylvania

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Toll Brothers (NYSE:TOL) announces the grand opening of Riverstone Crossing, a new luxury home community in Spring City, Pennsylvania. The community features 33 exclusive home sites with modern, open-concept floor plans ranging from 2,583 to 3,029+ square feet. Home designs include the Welsh, Pickering, and Lorimer, offering 4 bedrooms, 2 to 4 baths, and a 2-car garage. Prices start from the mid-$600,000s.

Riverstone Crossing offers low-maintenance living with lawn care, snow removal, and waste management provided. The community includes a tot lot and is located near shopping, dining, and entertainment in Phoenixville, Collegeville, and Malvern. It's also conveniently situated less than 1.5 miles from Routes 23 and 724, providing easy access to Phoenixville and the Route 422 corridor.

Toll Brothers (NYSE:TOL) annuncia l'apertura ufficiale di Riverstone Crossing, una nuova comunità residenziale di lusso a Spring City, Pennsylvania. La comunità offre 33 lotti esclusivi con piani abitativi moderni e a concetto aperto che variano da 2.583 a 3.029+ piedi quadrati. I design delle abitazioni includono il Welsh, il Pickering e il Lorimer, con 4 camere da letto, 2-4 bagni e un garage per 2 auto. I prezzi partono da 600.000 dollari.

Riverstone Crossing offre una vita a bassa manutenzione con servizi di cura del prato, rimozione della neve e gestione dei rifiuti inclusi. La comunità comprende un'area giochi per bambini ed è situata vicino a negozi, ristoranti e intrattenimento a Phoenixville, Collegeville e Malvern. È anche comodamente posizionata a meno di 1,5 miglia dalle strade 23 e 724, fornendo un facile accesso a Phoenixville e al corridoio della Route 422.

Toll Brothers (NYSE:TOL) anuncia la gran apertura de Riverstone Crossing, una nueva comunidad de viviendas de lujo en Spring City, Pennsylvania. La comunidad cuenta con 33 sitios de casas exclusivos con planos de planta modernos y de concepto abierto que van desde 2.583 a más de 3.029 pies cuadrados. Los diseños de las casas incluyen el Welsh, Pickering y Lorimer, ofreciendo 4 habitaciones, de 2 a 4 baños y un garage para 2 autos. Los precios comienzan desde 600.000 dólares.

Riverstone Crossing ofrece un estilo de vida de bajo mantenimiento con cuidado del jardín, remoción de nieve y gestión de residuos incluidos. La comunidad incluye un área infantil y se encuentra cerca de tiendas, restaurantes y entretenimiento en Phoenixville, Collegeville y Malvern. También está convenientemente ubicada a menos de 1.5 millas de las Rutas 23 y 724, lo que proporciona fácil acceso a Phoenixville y al corredor de la Ruta 422.

Toll Brothers (NYSE:TOL)가 펜실베이니아주 스프링 시티에 위치한 새로운 고급 주택 커뮤니티인 Riverstone Crossing의 그랜드 오프닝을 발표했습니다. 이 커뮤니티는 33개의 독점 주택 부지를 특징으로 하며, 현대적이고 개방형 개념의 평면도가 포함되어 있습니다. 면적은 2,583에서 3,029+ 제곱피트에 달합니다. 주택 설계는 Welsh, Pickering 및 Lorimer를 포함하며, 4개의 침실, 2~4개의 욕실, 그리고 2대의 자동차를 위한 차고를 제공합니다. 가격은 60만 달러 중반부터 시작됩니다.

Riverstone Crossing은 잔디 관리, 제설 및 쓰레기 관리 서비스를 제공하는 낮은 유지 관리 생활을 제공합니다. 이 커뮤니티는 어린이 놀이터를 포함하고 있으며, Phoenixville, Collegeville 및 Malvern의 쇼핑, 식사, 오락 근처에 위치하고 있습니다. 또한 Route 23 및 724에서 불과 1.5마일 미만의 편리한 위치에 있어 Phoenixville과 Route 422 회랑으로 쉽게 접근할 수 있습니다.

Toll Brothers (NYSE:TOL) annonce la grande ouverture de Riverstone Crossing, une nouvelle communauté de maisons de luxe à Spring City, en Pennsylvanie. La communauté comprend 33 sites résidentiels exclusifs avec des plans d'étage modernes et ouverts allant de 2 583 à plus de 3 029 pieds carrés. Les conceptions des maisons incluent le Welsh, le Pickering et le Lorimer, offrant 4 chambres, de 2 à 4 salles de bain, et un garage pour 2 voitures. Les prix commencent à partir de 600 000 dollars.

Riverstone Crossing offre un mode de vie à faible entretien avec des services d'entretien de pelouse, de déneigement et de gestion des déchets inclus. La communauté comprend une aire de jeux pour enfants et est située près des magasins, des restaurants et des divertissements à Phoenixville, Collegeville et Malvern. Elle est également idéalement située à moins de 1,5 mile des Routes 23 et 724, offrant un accès facile à Phoenixville et au corridor de la Route 422.

Toll Brothers (NYSE:TOL) kündigt die große Eröffnung von Riverstone Crossing an, einer neuen Luxus-Wohnsiedlung in Spring City, Pennsylvania. Die Gemeinde bietet 33 exklusive Bauplätze mit modernen, offenen Grundrissen, die von 2.583 bis über 3.029 Quadratfuß reichen. Zu den Hausdesigns gehören der Welsh, Pickering und Lorimer, die jeweils 4 Schlafzimmer, 2 bis 4 Bäder und eine Garage für 2 Autos bieten. Die Preise beginnen bei mittleren 600.000 Dollar.

Riverstone Crossing bietet ein pflegeleichtes Leben mit Rasenpflege, Schneeräumung und Abfallmanagement. Die Gemeinde umfasst einen Spielplatz für Kleinkinder und liegt in der Nähe von Geschäften, Restaurants und Unterhaltung in Phoenixville, Collegeville und Malvern. Außerdem ist sie weniger als 1,5 Meilen von den Routen 23 und 724 entfernt, was einen einfachen Zugang zu Phoenixville und dem Korridor der Route 422 ermöglicht.

Positive
  • Launch of a new luxury home community with 33 exclusive home sites
  • Homes range from 2,583 to 3,029+ square feet, offering spacious living options
  • Low-maintenance living with included lawn care, snow removal, and waste management
  • Convenient location near shopping, dining, and entertainment areas
  • Easy access to major routes, enhancing commute options
Negative
  • number of home sites (33) may restrict potential sales volume
  • Starting price in the mid-$600,000s may limit the target market

Insights

Toll Brothers' launch of Riverstone Crossing in Spring City, PA, represents a strategic move in the luxury home market. The community's 33 home sites create an exclusive appeal, potentially driving demand. Priced from the mid-$600,000s, these homes target the upper-middle to high-end market segment.

The community's features, including low-maintenance living and proximity to amenities, align with current trends in suburban luxury living. The variety of home designs, ranging from 2,583 to 3,029+ square feet, caters to diverse buyer preferences. The inclusion of a Design Studio for personalization is a value-add that can help justify premium pricing.

While this development may contribute positively to Toll Brothers' revenue stream, its impact on the company's overall financial performance is likely to be modest given the small scale of the project. Investors should view this as part of Toll Brothers' ongoing strategy to maintain its position in the luxury home market rather than a significant growth driver.

SPRING CITY, Pa., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, is pleased to announce its newest community, Riverstone Crossing, is now open in East Vincent Township, Spring City, Pennsylvania. This intimate community of only 33 exclusive home sites offers a unique blend of luxury, comfort, and convenience. The Toll Brothers Sales Center and professionally decorated model home are now open daily at 202 Polaris Drive in Spring City.

Riverstone Crossing by Toll Brothers

Featuring expertly crafted home designs, Riverstone Crossing showcases modern, open-concept floor plans with top-tier options for personalization. Home buyers can choose from a variety of luxury single-family home designs ranging in size from 2,583 to 3,029+ square feet. The community’s Welsh, Pickering, and Lorimer two-story home designs each offer 4 bedrooms, 2 to 4 baths, and a 2-car garage. The new Lorimer Modern Farmhouse model home showcases 4 bedrooms, a home office in the flex space, a finished basement, and a covered deck with luxury outdoor living features overlooking the backyard. Homes in the community are priced from the mid-$600,000s.

Riverstone Crossing by Toll Brothers

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 selections to personalize their dream home with the assistance of Toll Brothers professional Design Consultants.

“Riverstone Crossing is a private enclave of luxurious homes with a beautiful tree-lined backdrop, located just minutes from upscale shops and restaurants in Chester County,” said John Dean, Division President of Toll Brothers in Pennsylvania. “Home buyers will appreciate the seamless blend of modern design and natural surroundings, creating an ideal setting for every lifestyle.”

Riverstone Crossing offers low-maintenance living with lawn care, snow removal, trash and recycling provided. Children will enjoy meeting friends while playing at the community’s tot lot. Excellent shopping, dining, and entertainment opportunities can be found nearby in Phoenixville, Collegeville, and Malvern. Additionally, the community is less than 1.5 miles from Routes 23 and 724, providing easy access to Phoenixville and the Route 422 corridor.

For more information about Riverstone Crossing, and to tour the Toll Brothers brand new model home, prospective home buyers are invited to call (855) 872-8205 or visit TollBrothers.com/PA.

Riverstone Crossing by Toll Brothers

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

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/99cfc4c7-d626-4a7c-b8e9-29115e6da56e
https://www.globenewswire.com/NewsRoom/AttachmentNg/551b702b-8f37-4205-9f7c-02ec48510fab
https://www.globenewswire.com/NewsRoom/AttachmentNg/426861ce-4e59-4ce7-8f79-91c376a53ac8

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


FAQ

What is the price range for homes in Toll Brothers' Riverstone Crossing community?

Homes in the Riverstone Crossing community are priced from the mid-$600,000s.

How many home sites are available in Toll Brothers' Riverstone Crossing?

Riverstone Crossing offers 33 exclusive home sites.

What are the square footage options for homes in Toll Brothers' Riverstone Crossing?

Home designs in Riverstone Crossing range from 2,583 to 3,029+ square feet.

Where is Toll Brothers' Riverstone Crossing community located?

Riverstone Crossing is located in East Vincent Township, Spring City, Pennsylvania.

What amenities are included in Toll Brothers' Riverstone Crossing community?

Riverstone Crossing offers low-maintenance living with lawn care, snow removal, trash and recycling services, and a community tot lot.

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