UCP, Inc., (NYSE:UCP) (“UCP”) a homebuilder and land developer based in San Jose, California, today announced the grand opening of East Garrison, its new 244-acre master-planned community situated on the former Fort Ord Army Base in Monterey Bay, California. Inspired by Monterey’s legacy and architectural heritage, East Garrison is the result of an extensive public planning process spanning over 15 years that received broad community support. Located just five miles from Monterey Bay at the intersection of Reservation Road and Inter-Garrison Road off of Highway 101, the meticulously planned community features three unique single-family product types – Monarch, Artisan and Heritage – designed and built by Benchmark Communities, UCP’s wholly-owned subsidiary. Together, the new home models offer 11 innovative single-level and two-story floor plans to accommodate a variety of lifestyles and budgets, including entry-level, as well as first- and second-time move-up homebuyers. “After over a decade of careful planning and design, we could not be more excited to open this truly unique and transformational community that provides attractive, affordable housing options for a variety of lifestyles and budgets,” said Dustin Bogue, president and chief executive officer of UCP. “The completion of the initial phase of East Garrison effectively expands our portfolio of selling communities in Northern California, an area supported by strong underlying fundamentals, and advances our long-term growth strategy of adding scale in high-growth markets.” Laura Mather, Vice President of Sales and Marketing for Benchmark Communities, commented: “For decades Fort Ord functioned as an integral part of the local community, serving as an important training and staging site for millions of soldiers. East Garrison has been carefully designed to honor this important legacy by cultivating a dynamic, family-friendly environment that promotes connectivity, opportunity and community pride. Prospective homebuyers now have an opportunity to own a piece of history in the heart of Monterey County.”
East Garrison’s single-family homes range from approximately 1,600 to 3,650 square feet with up to six bedrooms and four baths. Prices start in the mid $400,000s. Each product type blends inspiration from Monterey’s past with the latest modern day luxuries including open-concept living areas, custom fixtures and finishes and spacious kitchens. Once complete, East Garrison has been approved to function as an all-inclusive village featuring approximately 1,400 homes, a 65,000 square foot historic arts district, a 34,000 square foot mixed-use town center, a library, parks, public safety stations and easy access to public transportation.For additional information on about East Garrison, please visit http://eastgarrison.com. Homebuyers considering a future purchase at East Garrison should contact the sales office at 831-384-7320 to schedule a tour. East Garrison joins UCP’s existing portfolio of selling communities located in Northern California, which include Fairview at Eagle Ridge in Gilroy and Walnut Park in Hollister. About UCP, Inc. UCP, Inc. is a homebuilder and land developer, with significant land acquisition and entitlement expertise, in growth markets in California and with a growing presence in attractive markets in the Puget Sound area of Washington State.