Toll Brothers New Luxury Townhome Community Coming Soon to Downingtown, Pennsylvania
Toll Brothers (NYSE:TOL) has announced the development of Stonemill Village, a new luxury townhome community in Downingtown, Pennsylvania. The project will feature 89 two-story townhomes priced from the $600,000s, with sizes ranging from 1,825 to 2,114+ square feet. Located in the Downingtown Area School District, the community will offer a low-maintenance lifestyle including lawn care, snow removal, and waste services.
Construction of the Sales Center and model home is underway, with sales scheduled to begin in spring 2025. The development will include both build-to-order homes and quick move-in options. Residents will have access to the Toll Brothers Design Studio for home customization and enjoy proximity to various amenities including Marsh Creek State Park, King of Prussia Mall, and easy access to major highways connecting to Philadelphia, New Jersey beaches, and New York City.
Toll Brothers (NYSE:TOL) ha annunciato lo sviluppo di Stonemill Village, una nuova comunità di townhome di lusso a Downingtown, Pennsylvania. Il progetto prevede 89 townhome a due piani con prezzi a partire da $600.000, con dimensioni che variano da 1.825 a oltre 2.114 piedi quadrati. Situata nel Distretto Scolastico di Downingtown Area, la comunità offrirà uno stile di vita a bassa manutenzione che include cura del prato, rimozione della neve e servizi di raccolta rifiuti.
I lavori di costruzione del Centro Vendite e della casa modello sono già in corso, con vendite programmate per iniziare nella primavera del 2025. Lo sviluppo includerà sia case costruite su ordinazione che opzioni pronte per il trasferimento. I residenti avranno accesso al Toll Brothers Design Studio per la personalizzazione della casa e godranno di una posizione vicina a vari servizi, tra cui Marsh Creek State Park, King of Prussia Mall e un facile accesso alle principali autostrade che collegano a Philadelphia, alle spiagge del New Jersey e a New York City.
Toll Brothers (NYSE:TOL) ha anunciado el desarrollo de Stonemill Village, una nueva comunidad de viviendas de lujo en Downingtown, Pennsylvania. El proyecto contará con 89 casas adosadas de dos pisos con precios a partir de $600,000, con tamaños que van de 1,825 a más de 2,114 pies cuadrados. Ubicada en el Distrito Escolar de Downingtown Area, la comunidad ofrecerá un estilo de vida de bajo mantenimiento, que incluye el cuidado del jardín, la remoción de nieve y servicios de basura.
La construcción del Centro de Ventas y de la casa modelo está en marcha, con ventas programadas para comenzar en la primavera de 2025. El desarrollo incluirá casas construidas a medida y opciones listas para mudarse. Los residentes tendrán acceso al Toll Brothers Design Studio para la personalización de sus hogares y disfrutarán de la cercanía a diversas comodidades, incluyendo Marsh Creek State Park, King of Prussia Mall, y fácil acceso a las principales autopistas que conectan con Filadelfia, las playas de Nueva Jersey y la ciudad de Nueva York.
톨 브라더스 (NYSE:TOL)는 펜실베니아 주 다운잉타운에 새로운 고급 타운홈 커뮤니티인 스톤밀 빌리지 개발을 발표했습니다. 이 프로젝트는 가격이 60만 달러대부터 시작되는 89채의 2층 타운홈을 특징으로 하며, 크기는 1,825에서 2,114평방피트 이상으로 다양합니다. 다운잉타운 지역 교육구에 위치한 이 커뮤니티는 잔디 관리, 눈 제거 및 쓰레기 서비스 등 낮은 유지 관리 라이프스타일을 제공합니다.
판매 센터 및 모델 하우스의 건설이 진행 중이며, 판매는 2025년 봄에 시작될 예정입니다. 이 개발은 맞춤 건축된 집과 즉시 이사 가능한 옵션을 모두 포함할 것입니다. 주민들은 맞춤형 주택을 위해 톨 브라더스 디자인 스튜디오에 접근할 수 있으며, 마시 크릭 주립공원, 킹 오브 프러시아 몰 등 다양한 편의 시설과 필라델피아, 뉴저지 해변, 뉴욕시로 연결되는 주요 고속도로에 쉽게 접근할 수 있습니다.
Toll Brothers (NYSE:TOL) a annoncé le développement de Stonemill Village, une nouvelle communauté de maisons de ville de luxe à Downingtown, en Pennsylvanie. Le projet comprendra 89 maisons de ville à deux étages à partir de 600 000 $, avec des superficies variant de 1 825 à plus de 2 114 pieds carrés. Située dans le district scolaire de Downingtown Area, la communauté offrira un mode de vie à faible entretien, incluant l'entretien des pelouses, le déneigement et les services de gestion des déchets.
La construction du centre de vente et de la maison modèle est en cours, et les ventes devraient débuter au printemps 2025. Le développement comprendra des maisons construites sur commande ainsi que des options d'emménagement rapide. Les résidents auront accès au Toll Brothers Design Studio pour la personnalisation de leur maison et bénéficieront de la proximité de diverses commodités, y compris Marsh Creek State Park, King of Prussia Mall, ainsi qu'un accès facile aux principales autoroutes reliant Philadelphie, aux plages du New Jersey et à New York.
Toll Brothers (NYSE:TOL) hat die Entwicklung von Stonemill Village bekannt gegeben, einer neuen luxuriösen Stadtwohnungsgemeinschaft in Downingtown, Pennsylvania. Das Projekt wird 89 zweigeschossige Stadtwohnungen bieten, die ab 600.000 US-Dollar erhältlich sind, mit Größen von 1.825 bis über 2.114 Quadratfuß. Die Gemeinschaft befindet sich im Schulbezirk Downingtown Area und bietet einen wartungsarmen Lebensstil, einschließlich Rasenpflege, Schneeräumung und Müllabfuhr.
Der Bau des Verkaufsbüros und des Musterhauses ist im Gange, und der Verkaufsstart ist für den Frühling 2025 geplant. Die Entwicklung wird sowohl maßgeschneiderte Häuser als auch Optionen für einen sofortigen Einzug umfassen. Die Bewohner haben Zugang zum Toll Brothers Design Studio für die Individualisierung ihres Hauses und profitieren von der Nähe zu verschiedenen Annehmlichkeiten, darunter Marsh Creek State Park, King of Prussia Mall und eine einfache Anbindung an die Hauptverkehrsstraßen nach Philadelphia, den Stränden von New Jersey und New York City.
- New development of 89 luxury townhomes expanding market presence
- Premium pricing starting from $600,000s indicating strong market positioning
- Strategic location near major urban centers and transportation routes
- Recurring revenue stream from maintenance services
- Significant capital investment required for development
- Project sales won't begin until spring 2025, delaying revenue generation
Insights
The announcement of Stonemill Village, while representing expansion, is a routine development project that falls within Toll Brothers' normal business operations. With 89 townhomes priced from the
The project's location in Chester County's Downingtown area is strategic, targeting the affluent Philadelphia suburban market with good school districts and accessibility. However, given TOL's
From an investor perspective, this announcement represents business-as-usual expansion rather than a material catalyst for stock movement. The development's scale and specifications are consistent with TOL's existing luxury community portfolio and don't indicate any significant strategic shifts or notable innovations in their business model.
DOWNINGTOWN, Pa., Jan. 10, 2025 (GLOBE NEWSWIRE) -- Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest Chester County townhome community, Stonemill Village, is coming soon to 5 Grayson Lane in Downingtown, Pennsylvania. Construction of the Sales Center and model home is underway and sales will start in spring 2025.
Located in the prestigious Downingtown Area School District, Stonemill Village will feature 89 two-story townhomes in a quiet neighborhood close to every convenience. Home buyers will be able to choose from a variety of exquisite home designs ranging from 1,825 to 2,114+ square feet, each built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. The community offers home buyers a low-maintenance lifestyle with lawn care, snow removal, trash, and recycling included. Homes will be priced from the
“With floor plans designed for today’s buyers featuring home offices, basements on select home sites, and outstanding personalization options, Stonemill Village will offer residents the best in luxury living,” said John Dean, Division President of Toll Brothers in Pennsylvania. “In addition to our build-to-order homes, we are excited to offer quick move-in homes at Stonemill Village that will be available for every timeline upon opening.”
Toll Brothers home buyers will enjoy proximity to nearby shopping, dining, arts and entertainment, and recreational destinations, including Marsh Creek State Park, Eagle Village Shops, Main Street at Exton, King of Prussia Mall and Town Center at King of Prussia, as well as Philadelphia’s sporting arenas, stadiums, and more.
Major highways including Routes 202 and 30 and the Pennsylvania Turnpike are easily accessible from Stonemill Village, offering homeowners convenient access to Philadelphia, New Jersey beaches, Pocono Mountains, and New York City.
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.
For more information on Stonemill Village and Toll Brothers communities throughout Pennsylvania, call (855) 872-8205 or visit TollBrothers.com/Pennsylvania.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation's leading builder of luxury homes. The Company was founded 58 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, Senior Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/95eb2b0a-35d0-48a8-a794-1b31c0a98e5c
https://www.globenewswire.com/NewsRoom/AttachmentNg/27194382-b6a2-4ece-9b5d-27cf78f5100d
Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
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