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Ryan Homes and Kolter Land Partners Break Ground at Premier New Home Community - Lucaya Lake Club

RIVERVIEW, Fla., Jan. 20, 2014 /PRNewswire/ -- NVR, Inc. (NYSE: NVR), one of the nation's largest homebuilding and mortgage banking companies, announces the groundbreaking ceremony of its newest community, Lucaya Lake Club, in Riverview, Florida, on Tuesday, January 21. Built by NVR's Ryan Homes division, Lucaya Lake Club is a brand-new community offering spectacular new homes and a 78-acre lake. To celebrate this one-of-a-kind offering, a groundbreaking ceremony will be held at 9:00 am.

At Lucaya Lake Club, the lake is more than just a name; it's a way of life. The 800+ homesite community will feature Mediterranean meets British West Indies architecture, plus a sparkling 78-acre lake. Homeowners will have all the choices they want from one of the nation's top homebuilders and the convenience they need, located near I-75 and just 20 minutes to downtown Tampa. The gorgeous lakefront community is just minutes to the area's best shopping, dining and entertainment.

Kolter Land Partners is set to develop Lucaya Lake Club for Ryan Homes. Kolter Land Partners, a land acquisition and development affiliate of The Kolter Group, is headquartered in West Palm Beach, FL, and has been among the most active land developers in the southeast with over 10,000 lot acquisitions in recent years.

Like all new Ryan homes, those at Lucaya Lake Club are fully ENERGY STAR® Certified, yielding monthly utility bills up to 30% lower than standard homes, according to the EPA. All Ryan homes also carry 10-year structural warranties, and are independently verified for quality by a third-party inspection company.  For further information about Ryan Homes' new single-family homes at Lucaya Lake Club, please phone (813) 336-1570.  Lucaya Lake Club is located east of Route 301 on Rhodine Road.

About NVR

NVR, Inc. operates in two business segments: homebuilding and mortgage banking. The homebuilding unit sells and builds homes under the Ryan Homes, NVHomes, Fox Ridge Homes and Heartland Homes trade names, and operates in 27 metropolitan areas in 14 states and Washington, D.C. For more information about NVR, Inc. and its brands, visit www.nvrinc.com, www.ryanhomes.com, www.nvhomes.com, www.foxridgehomes.com and www.heartlandluxuryhomes.com.

The information in this press release is subject to change and the pricing and other features of any NVR-built home will be established at the time of sale. ENERGY STAR® is a registered trademark owned by the U.S. government.

SOURCE NVR, Inc.

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