INDIANAPOLIS, Oct. 6, 2009 (GLOBE NEWSWIRE) -- The grand opening of Stafford Place, located off 146th Street, marks Drees Homes' sixth community to open in Carmel, IN. "Our decision to build Stafford Place is a testament not only to the Company's financial strength to open new communities, but also to our faith in believing that Carmel continues to be among the top locations in Indiana where families prefer to live," said Division President Steve Masuccio. "Best of all, with its secluded setting and east Carmel location minutes from Clay Terrace, Stafford Place offers two advantages many buyers want: privacy and convenience," added Masuccio.
Drees worked hand-in-hand with the City of Carmel to preserve as many trees as possible, and augment the mature trees by adding new trees and plantings around the perimeter and interior of the neighborhood. Stafford Place features a distinctive entryway and a portfolio of Tuscan-inspired homes. With just 53 home sites, Drees' Stafford Place community offers an intimate residential setting and a 3-acre wooded park with walking trails. To date, the company has taken three lot reservations and sold two homes during a preconstruction sales period; prices start at $450,000.
Besides Stafford Place, Drees continues to build in Carmel at Village Green, a Brownstone-inspired townhome community bordering the Monon Trail, and Lakeside Park, situated off Towne Road. Drees also built and completed The Lakes at Hazel Dell, Shelborne Park, and Kingsborough in Carmel, IN.
"It's the time and place to buy a new home," said Masuccio. "With interest rates still at historic lows, great incentives, and the chance to choose the home site you want most, now is the perfect time to build your dream home."
Drees' model homes are open seven days a week, Monday through Friday 1 p.m. to 7 p.m. and Saturday and Sunday 12 p.m. to 6 p.m. For sales information about Stafford Place, please call 317-569-1080 or visit www.dreeshomes.com.
Drees Homes, headquartered in Ft. Mitchell, KY and founded in 1928, is ranked as the ninth largest privately-owned homebuilder by BUILDER Magazine. The company has operations in Cincinnati, Dayton and Cleveland, OH; Indianapolis, IN; Nashville, TN; Raleigh, NC; Jacksonville, FL; Frederick, MD; Washington, DC; Austin and Dallas/Fort Worth, TX.
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