Toll Brothers Announces New Luxury Condominium Community Coming Soon to Chantilly, Virginia
Toll Brothers (NYSE:TOL) announces a new luxury condominium community, Commonwealth Place at Westfields - The Belle Haven Collection, coming to Chantilly, Virginia in late fall 2024. The community will feature townhome-style luxury condos ranging from 1,342 to 1,767+ square feet, with prices starting from the upper $500,000s. Located near Westfields Center, the development offers one- and two-story designs with two bedrooms, open concept layouts, balconies, and 2-car tandem garages.
Chantilly was recently named among the top three 2024 Best Places to Live for Families by Fortune magazine. The community boasts proximity to highly ranked schools, Dulles International Airport, and major transportation routes. Residents will enjoy a low-maintenance lifestyle with included services like snow removal and lawn mowing.
Toll Brothers (NYSE:TOL) annuncia una nuova comunità di condomini di lusso, Commonwealth Place at Westfields - The Belle Haven Collection, che sorgerà a Chantilly, Virginia, nella tarda autunno 2024. La comunità presenterà condomini di lusso in stile townhouse che variano da 1.342 a oltre 1.767 piedi quadrati, con prezzi a partire da oltre $500.000. Situato vicino al Westfields Center, il complesso offrirà design su uno e due piani con due camere da letto, layout open concept, balconi e garage tandem per 2 auto.
Chantilly è stata recentemente nominata tra i primi tre posti nella lista dei 2024 Best Places to Live for Families dalla rivista Fortune. La comunità vanta la vicinanza a scuole di alto livello, all'Aeroporto Internazionale di Dulles e a importanti vie di trasporto. I residenti potranno godere di uno stile di vita a bassa manutenzione con servizi inclusi come rimozione della neve e falciatura del prato.
Toll Brothers (NYSE:TOL) anuncia una nueva comunidad de condominios de lujo, Commonwealth Place at Westfields - The Belle Haven Collection, que llegará a Chantilly, Virginia, a finales del otoño de 2024. La comunidad contará con condominios de lujo estilo townhouse que varían de 1,342 a más de 1,767 pies cuadrados, con precios que comienzan desde la parte alta de los $500,000. Ubicada cerca del Westfields Center, el desarrollo ofrecerá diseños de una y dos plantas con dos habitaciones, distribuciones de concepto abierto, balcones y garajes en tándem para 2 autos.
Chantilly fue recientemente nombrada entre los tres mejores lugares para vivir en 2024 para familias por la revista Fortune. La comunidad cuenta con la proximidad a escuelas altamente clasificadas, al Aeropuerto Internacional de Dulles y a importantes rutas de transporte. Los residentes disfrutarán de un estilo de vida de bajo mantenimiento con servicios incluidos, como la eliminación de nieve y el corte de césped.
톨 브라더스(Toll Brothers)(NYSE:TOL)는 2024년 가을 후반에 버지니아주 샨틸리(Chantilly)에 새 고급 콘도미니엄 커뮤니티 코먼웰스 플레이스 앳 웨스트필드 - 더 벨 헤이븐 컬렉션을 발표합니다. 이 커뮤니티는 1,342에서 1,767평방피트 이상의 타운홈 스타일의 고급 콘도를 제공하며, 가격은 50만 달러 후반부터 시작됩니다. 웨스트필드 센터 근처에 위치한 이 개발은 1층 및 2층 설계의 두 개의 침실, 오픈 개념의 레이아웃, 발코니, 2대 차량의 태그 가라지를 제공합니다.
샨틸리는 최근 포춘(Fortune) 잡지에서 2024년 가족을 위한 최고의 거주지로 선정된 세 곳 중 하나입니다. 이 커뮤니티는 많은 평판이 좋은 학교, 덜레스 국제공항 및 주요 교통로와의 근접성을 자랑합니다. 주민들은 눈 제거와 잔디 깎기와 같은 포함된 서비스와 함께 낮은 유지 관리 생활 방식을 즐길 수 있습니다.
Toll Brothers (NYSE:TOL) annonce une nouvelle communauté de condominiums de luxe, Commonwealth Place at Westfields - The Belle Haven Collection, qui sera située à Chantilly, en Virginie, à l'automne 2024. La communauté comprendra des condominiums de luxe en style townhouse allant de 1 342 à plus de 1 767 pieds carrés, avec des prix à partir de la fourchette supérieure de 500 000 $. Située près du Westfields Center, le développement proposera des conceptions de maisons à un ou deux étages avec deux chambres, des plans ouverts, des balcons et des garages tandem pour 2 voitures.
Chantilly a récemment été nommé parmi les trois meilleures villes où vivre en 2024 pour les familles par le magazine Fortune. La communauté bénéficie de la proximité d’écoles bien classées, de l’aéroport international de Dulles et de grandes voies de transport. Les résidents pourront profiter d'un mode de vie peu exigeant en entretien avec des services inclus tels que le déneigement et la tonte de pelouse.
Toll Brothers (NYSE:TOL) kündigt eine neue luxuriöse Eigentumswohnanlage, Commonwealth Place at Westfields - The Belle Haven Collection, an, die Ende Herbst 2024 in Chantilly, Virginia, eröffnet werden soll. Die Gemeinschaft wird Luxus-Wohnungen im Townhouse-Stil anbieten, die von 1.342 bis über 1.767 Quadratfuß reichen, mit Preisen ab der oberen $500.000. In der Nähe des Westfields Center gelegen, bietet die Entwicklung Ein- und Zweifamilienhäuser mit zwei Schlafzimmern, offenen Grundrissen, Balkonen und Garagen in Tandem für 2 Autos.
Chantilly wurde kürzlich von der Zeitschrift Fortune zu den drei besten Wohnorten für Familien 2024 gewählt. Die Gemeinschaft profitiert von der Nähe zu hoch bewerteten Schulen, dem internationalen Flughafen Dulles und wichtigen Verkehrsverbindungen. Die Bewohner werden einen pflegeleichten Lebensstil mit eingeschlossenen Dienstleistungen wie Schneeräumung und Rasenmähen genießen.
- New luxury condominium community in a highly desirable area
- Proximity to shopping, dining, and entertainment at Westfields Center
- Convenient location near highly ranked schools and major transportation routes
- Low-maintenance lifestyle with included services
- Chantilly named among top three 2024 Best Places to Live for Families by Fortune magazine
- None.
Insights
Toll Brothers' announcement of a new luxury condominium community in Chantilly, Virginia, reflects a strategic move in the high-end real estate market. The pricing from the upper
The walkable proximity to Westfields Center and easy access to major transportation routes are strong selling points. However, the planned opening in late fall 2024 means Toll Brothers won't see immediate revenue impact from this project. The low-maintenance lifestyle offering could attract a specific demographic, potentially empty-nesters or young professionals, but may limit the broader market appeal. While this development aligns with Toll Brothers' luxury brand, investors should monitor how it performs against the backdrop of potential interest rate changes and evolving housing market conditions.
This announcement, while showcasing Toll Brothers' continued expansion, doesn't provide immediate financial impact. The project's launch in late fall 2024 means it won't affect near-term earnings. However, it does signal confidence in the luxury housing market and Toll Brothers' ability to identify prime locations for development.
Investors should note that the low-maintenance, high-end condo market can be less volatile than single-family homes during economic downturns. The inclusion of services like snow removal and lawn mowing could provide a steady revenue stream beyond initial sales. The pricing strategy, starting from the upper
CHANTILLY, Va., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced a new community, Commonwealth Place at Westfields - The Belle Haven Collection, is coming soon to Chantilly, Virginia. The newest collection at this exclusive Toll Brothers community will include townhome-style luxury condos ideally located within walking distance to Westfields Center. Site work is underway, and the community is anticipated to open for sale in late fall 2024.
The Belle Haven Collection at Commonwealth Place at Westfields will feature a selection of floor plans ranging from 1,342 to 1,767+ square feet with distinct architecture. One- and two-story condominium home designs will offer two bedrooms, open concept floor plans, balconies, 2-car tandem garages, and professionally selected finishes. Homes will be priced from the upper
“Our new collection at Commonwealth Place at Westfields will offer residents the rare opportunity to own a luxury condo in the highly desirable Chantilly area,” said Nimita Shah, Division President of Toll Brothers in D.C. Metro. “With meticulously designed floor plans and an unrivaled location just steps away from dining and shopping at Westfields Center, this community will set a new standard for luxury low-maintenance living in Chantilly.”
Chantilly was recently named among the top three 2024 Best Places to Live for Families by Fortune magazine. The community is conveniently located near highly ranked Fairfax County Public Schools and Dulles International Airport. Commuters will enjoy proximity to Routes 50 and 28, Interstate 66, and Dulles Toll Road/Route 267, offering easy access to the greater D.C. Metro area.
Shopping, dining, and entertainment at Westfields Center is within walking distance, offering Wegmans, Mellow Mushroom, Cava, Chipotle, South Block, and more. Nearby, residents can explore bountiful parks and golf courses including Chantilly National Golf & Country Club, Pleasant Valley Golf Club, Flatlick Stream Valley Park, Ellanor C. Lawrence Park, and Richard W. Jones Park.
Homeowners at Commonwealth Place at Westfields enjoy a relaxed low-maintenance lifestyle with snow removal, lawn mowing, and exterior maintenance included.
For more information and to join the Toll Brothers interest list for Commonwealth Place at Westfields - The Belle Haven Collection, call (855) 298-0316 or visit TollBrothers.com/Virginia.
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/be3e0e0d-80b0-40f6-b699-77f61d9375aa
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
FAQ
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