Thursday, June 3, 2010

FOR IMMEDIATE RELEASE
June 3, 2010

Beazer Homes Moves into Craig Ranch With All New Floor Plans
Builder Purchases 93 Lots in The Settlement

(McKinney, TX) Craig Ranch announced today Atlanta-based Beazer Homes (NYSE: BZH) has purchased 93 lots in the premium master-planned community of The Settlement. Beazer has developed newly designed floor plans and elevations created specifically for Craig Ranch.
“We are excited to be working with Beazer on a new, upscale product that blends into this community,” said Miles Prestemon, Chief Operating Officer of Craig Ranch. “With another top 10 builder coming into Craig Ranch, superior homes and unmatched amenities, we continue to provide the best urban lifestyle community in the Metroplex.”
Louie Ocana, Beazer’s Division President for Dallas/Fort Worth, says the company should have new home designs in a few weeks and plans to break ground in the next 30 to 45 days. The homes will be priced from the mid-200s to low-300s.
"Beazer Homes is thrilled to be partnering with Craig Ranch to provide luxurious, high performance homes for the residents in the McKinney area,” said Ocana. “Craig Ranch is an opportunity for us to offer its residents the quality and performance that they demand in a home while maintaining the uncompromising style of living that Craig Ranch delivers."
The Settlement is one of Craig Ranch’s most unique communities with a wide array of builders, building types and architectural designs to accommodate every taste – from high-end luxury homes complete with golf course views, to townhomes and condominiums with minimal maintenance needs. The Settlement has an expansive tree-lined park, a winding half-mile rubberized jogging track, ample hike and bike trails and walking proximity to the Cooper Fitness Center & Spa.
Beazer has 900 employees and operations in 16 states. The company has over a 50-year legacy of building homes for America's families and in the past 10 years, more than 130,000 homes have been delivered. For more information on Beazer Homes, please visit beazer.com or visit the Information Center at Craig Ranch.
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About Beazer Homes:
Beazer Homes USA, Inc. (http://www.beazer.com/), headquartered in Atlanta, is one of the top 10 homebuilders in the United States, based on number of homes closed. Beazer Homes’ ongoing operations are geographically diversified in 16 states across the country, and its high performance homes, called eSMART, are designed to appeal to homebuyers at various price points across various demographic segments. The company’s long-term business strategy focuses on providing customers with high performance homes, while seeking to maximize return on invested capital over time. Beazer Homes' legacy includes building homes for America's families for over 50 years - over 130,000 in the last 10 years alone. Beazer Homes has been listed on the New York Stock Exchange since 1994 under the ticker symbol "BZH".

About Craig Ranch:
Craig Ranch is a 2,200 acre master-planned business, retail, and residential community in McKinney, Texas – recently ranked by Money Magazine as one of the top 15 “Best Places to Live” in America. Craig Ranch is a high profile, regional point of destination, with its open space and ambiance serving as a natural setting for outdoor concerts, water-inspired events, art fairs and exhibits. Soccer and baseball fields, hike and bike trails and dedicated green space give residents a sense of place they are proud to call home. Craig Ranch is an AT&T Connected Community. Its marquee venues include: the TPC at Craig Ranch, the Michael Johnson Performance Center, the Cooper Fitness Center & Spa at Craig Ranch, the Hospital at Craig Ranch, Dr Pepper StarCenter McKinney at Craig Ranch, The Ball Fields at Craig Ranch and The Premier Soccer Fields at Craig Ranch. More information on Craig Ranch can be found at: http://www.craigranchtx.com/.

Media Contact:
Carey Marin
carey@lemastergroup.com
(214) 914-1157

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