Toll Brothers Debuts First Active Living Community In Reno, Nevada

Reno, Nevada (PRWEB) June 18, 2015

Toll Brothers, the nation's leading builder of luxury homes, announces the June 20th grand opening of its first-ever active adult community west of Colorado. Regency at Damonte Ranch in Reno, Nevada will deliver the resort-style amenities and sought-after lifestyle for which Toll Brothers is recognized. Exceeding expectations since its April 2015 soft opening, the staff-gated community offers three collections, including nine professionally decorated model homes. Once completed, the community will consist of 505 low-maintenance homes which include front yard landscaping, most with mountain views. Luxury homes designed for those age 55 and better are priced from the mid-$300,000s.

Recognized on three separate occasions as Builder of the Year, Toll Brothers is successfully introducing three single-story home collections ranging from 1,668 sq. ft. to 2,398 sq. ft. The future community clubhouse at Regency at Damonte Ranch, with over 18,000 sq. ft. of indoor recreation, will also include an indoor pool, spa, billiards/game room, weight and cardio room, aerobics and fitness center, formal lounge, and more. Pickleball and bocce courts, a tennis court, and easy access to surrounding bike and walking paths are also offered.

Residency at Regency includes an on-site lifestyle director who plans and coordinates year-round social activities. Such events will range from Friday night cocktail parties, card tournaments and golf outings to dinner clubs, daytrip excursions, continuous learning, and philanthropic pursuits.

Explains Toll Brothers' Group President Gary Mayo, "As we look to expand the Toll Brothers Active Living brand in the western United States, our primary goal is to provide a home buying experience unlike any other active-adult community. Our buyers will have the benefit of not having to sacrifice quality of life, location, or the amenities they desire as they transition to the lifestyle they want."

Mayo adds, "Toll Brothers' acclaimed architecture remains a focus and makes possible sought-after indoor/outdoor living advantages. While our Active Adult communities deliver a vast array of amenities and activities, our residents' personal living environments remain central to our efforts."

According to the 2015 Northern Nevada Housing Outlook, Nevada's improving economy and position as the sixth fastest growing population in 2014 have bolstered Toll Brothers' introduction of Regency at Damonte Ranch, simultaneously addressing the ever-increasing demands among the most powerful consumers in the marketplace. As the last of the baby boomers turned 50 in 2014, over 100 million adults now influence the size, wealth and spending in the United States. Whereas, Nevada's 65 and over population experienced the second largest increase of 47.9% between 1999-2009, and is projected to increase an additional 18.6% in 2030. **

Beyond the range of amenities at Regency at Damonte Ranch is its proximity to downtown Reno with its fine dining, world-class entertainment, and gaming. Hiking or skiing at nearby Mount Rose, fishing, sailing, and boating at Pyramid Lake and Lake Tahoe are within a 30-minute drive. Regency at Damonte Ranch is convenient to Interstate 580, and is less than 15 minutes from Interstate 80, the Amtrak station, and the Reno International Airport.

This first-of-its-kind Active Living community in the Western U.S. is one of more than 40 Toll Brothers Active Living communities in prime locations throughout the United States. Regency at Damonte Ranch is distinct among four additional Toll Brothers communities in Reno. Further south in Nevada will be the exciting development of Regency at Summerlin®, Las Vegas scheduled to debut in early 2016. The Active Living brand represents Toll Brothers' offering of a breadth of lifestyle options in a place that captures the essence of its 55+ residents, including: resort-style clubhouses, social activities and clubs, fitness centers, indoor and outdoor pools, professional-caliber golf courses, and walking and biking trails.

For community information nationwide, visit TollBrothersActiveLiving.com.

**UNLV Center for Democratic Culture

About Toll Brothers
Toll Brothers Active Living is the active-adult development division of Toll Brothers, the nation's leading builder of luxury homes. Toll Brothers Active Living brings the same extraordinary quality, value, and service that luxury home buyers throughout the country have become familiar with to a wide range of active-adult communities throughout the United States.

Toll Brothers Active Living offers an exceptional diversity of home styles – including condominiums and townhomes, along with single-family, carriage, and patio homes – many offering a low-maintenance lifestyle with exterior maintenance, landscaping, and snow removal all provided. Many of the Toll Brothers Active Living communities feature amenities such as professional-caliber golf courses and clubhouses; fully equipped fitness centers; tennis, bocce, and shuffleboard courts; swimming pools; and walking and biking trails.

Toll Brothers, an award-winning Fortune 1000 company founded in 1967, is currently building nationwide and is a publicly owned company whose stock is listed on the New York Stock Exchange (NYSE: TOL). The Company was honored as one of the World's Most Admired Companies 2015 by Fortune magazine, ranking #1 in the Homebuilding Industry and first in People Management, Use of Corporate Assets, Quality of Management, and Long-Term Investment Value. The Company was named America's Most Trusted Home Builder™ 2015* by Lifestory Research, receiving the highest numerical score among the largest 133 home builders in the country in a study that measures, among other things, perceptions of quality, price, reputation, and trust. Toll Brothers was also recently named national Builder of the Year by BUILDER magazine, and was twice named national Builder of the Year by Professional Builder magazine.

Toll Brothers proudly supports the communities in which it builds; among other philanthropic pursuits, the Company now sponsors the Toll Brothers - Metropolitan Opera International Radio Network, bringing opera to neighborhoods throughout the world.

This is not an offering where prohibited by law.

Media Contact: Kira Sterling, Chief Marketing Officer
Toll Brothers
215-938-8000

Read the full story at http://www.prweb.com/releases/2015/06/prweb12798789.htm

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