HAMLET HOMES BEGINS DEVELOPMENT ON NEW MIXED-USE URBAN NEIGHBORHOOD AT WAVERLY STATION IN SOUTH SALT LAKE

First phase will consist of 41 three-story townhomes

 

SALT LAKE CITY(August 16, 2006) — Hamlet Homes has announced the commencement and development of its new neighborhood, Waverly Station, in South Salt Lake located near TRAX between 3700 and 3900 South on West Temple. Waverly Station represents a major new residential community for South Salt Lake City. Hamlet recently broke ground on Phase I of the five-acre site, which consists of 41 three-story townhomes. Phases II and III are scheduled for development in spring 2007. Over the next two-and-a-half years, Hamlet purposes to develop a total of 109 townhomes and 38 condominium units. “Waverly Station is an exciting mixed-use, urban renewal community based on a design concept of bringing many convenient amenities to a residential neighborhood,” says David Irwin, vice president and director of sales and marketing at Hamlet Homes. Hamlet’s townhomes at Waverly Station will feature two distinctive floor plans, the Dunbar and Falkirk, with two- or three-bedrooms, and between 1,600-to-1,800 square feet of living space. Each home’s exterior will consist of a well-landscaped patio opening onto a central promenade in the front and an urban-designed, two-car garage in the rear alley. Prices start in the low $180s, and sales are scheduled to begin onsite by September. The first townhomes are slated for completion before the end of the year. UTOPIA Community MetroNetTM (Utah Telecommunication Open Infrastructure Agency) will be available in every Hamlet home and will provide residents with high-speed fiber optic technology through advanced voice, video and Internet communications. All of the homes to be built in Waverly Station are located less than one quarter of a mile from the TRAX station at 3900 South.  For additional information about Waverly Station, contact Hamlet’s corporate office at (801) 281-2223.

About Hamlet Homes

Hamlet Homes crafts quality, customer-oriented homes, ranging from condominiums and townhomes to single family homes, located in attractively designed neighborhoods for homebuyers in northern Utah. Since the company’s founding in 1995, Hamlet Homes has developed more than 3,360 lots and constructed more than 2,250 homes in 34 communities. The company is continually striving to meet and exceed the expectations of its homebuyers and live up to its brand of “Great Homes. Great People. Great Experience.” In 2004 and 2005, Hamlet was awarded the Builder of Integrity Award from the Quality Builders Warranty Corporation, and in 2003, 2004 and 2006, Hamlet was awarded Utah’s Best of State medal for residential construction. Located in Salt Lake City, Utah, Hamlet Homes is part of the Hamlet group of companies, which also includes Hamlet Development, Stirling Mortgage and Diversified Habitats.