KB Home to Break Ground on 550-Home Community Near the Iconic Sylmar Cascades

KB Home to Break Ground on 550-Home Community Near the Iconic
Sylmar Cascades




 Community to Benefit From New Fire Station, Enhanced Equestrian Trails,
                       Upgraded Public Golf Course

   WHAT:     City officials and KB Home executives will break ground today
             on one of the largest single-family residential developments
             ever built in the City of Los Angeles.  The development -- The
             Legends at Cascades -- will include a total of 550 for-sale
             residential units bordering the Cascades Golf Course.  The
             property is located within splashing distance of the famous
             Sylmar Cascades, where in 1930 William Mulholland proclaimed
             "There it is, take it," as water cascaded for the first time
             through the final leg of the Los Angeles Aqueduct into the City
             of Los Angeles.

   WHO:      Los Angeles City Council President Alex Padilla
             Los Angeles City Councilman Greig Smith
             KB Home Chairman and CEO Bruce Karatz
             Tom DiPrima, President, KB Home Greater LA/Ventura Division
             Los Angeles Fire Department Officials

   WHERE:    16325 N. Silver Oaks Dr., Sylmar, CA 91342

   WHEN:     Thursday, March 10, 2005, 10 to 11 a.m.

   VISUALS:  Groundbreaking with Sylmar Cascades in background.  Fire trucks
             will flank the groundbreaking site.

   WHY:      The Legends at Cascades will help address the significant
             housing shortage experienced in the east San Fernando Valley.
             Located near the intersection of the I-5, 405 and 210 freeways,
             The Legends at Cascades will provide easy access to nearby
             employment centers in the San Fernando, Santa Clarita and
             Antelope Valleys.

   Contact:  Samantha Culbert
   310-689-7537 office
   310-720-3427 on-site cell


PRNewswire -- March 9

DATASOURCE: KB Home

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