SACRAMENTO (September 8, 2016) – After years of thoughtful planning, design and development, The New Home Company (“NEW HOME,” NYSE: NWHM) and Riverview Capital Investments (RIVERVIEW) have announced the opening and launch of residential sales at McKinley Village, the new urban master-planned community located within the historic East Sacramento neighborhood and close to Midtown and Downtown Sacramento. A large selection of model homes as well as the community Clubhouse and pool, the first neighborhood park and public art will be unveiled during a public Grand Opening set for the weekend of September 10, 2016.
McKinley Village is a progressive urban village of 336 homes co-developed by NEW HOME and RIVERVIEW, designed to foster connectivity and healthy living with a wealth of parks, common greens, public art and a wide array of homeowner amenities.
“We have worked extremely hard over the past several years to get to this moment,” said Kevin Carson, Northern California President for NEW HOME. “McKinley Village is unlike any other community in the Sacramento area and it has truly been a rewarding experience to contribute to such an innovative living concept that will provide new housing opportunities in the heart of our region. We’d like to thank the City of Sacramento, the residents of East Sacramento and our development partners for helping us make this a place that so many will be proud to call home.”
“We are excited to see the vision of McKinley Village become a reality,” said Phil Angelides, President of RIVERVIEW. “We’ve been committed to creating a high quality, sustainable 21st century urban village close to jobs, schools, restaurants, shopping and services. We’re proud to showcase all that McKinley Village has to offer and look forward to it taking its place as the newest member of Sacramento’s wonderful family of neighborhoods.”
Homes Planned with an Eye on the Future
The five neighborhoods of McKinley Village will offer modern design and conveniences that enhance quality of life and minimize maintenance and repair associated with older alternatives in the area.
Each residence is pre-wired for solar and electric vehicle chargers with state of the art building standards that reflect the best environmental practices. The community has been planned with an eye on the future and how residents want to live in today’s high-tech world.
During the Grand Opening weekend, interested home shoppers will have the opportunity to tour 14 model homes in the following McKinley Village neighborhoods:
• Birch | Cottage Greens | Up to 2,781 Sq. Ft. | Low $600,000s to High $600,000s
• Cottonwood | Park Homes | Up to 3,172 Sq. Ft. | Low $700,000s to Low $900,000s
• Magnolia | Commons | Up to 2,258 Sq. Ft. | Low $400,000s to High $500,000s
• Mulberry | Courtyards | Up to 2,007 Sq. Ft. | Mid $300,000s to Mid $500,000s
In mid-October, two additional model homes will debut in the fifth McKinley Village enclave:
• Alder | Parkside Flats | Up to 2,536 Sq. Ft. | Low $500,000s to Low $700,000s
Parks and Common Greens Abound in McKinley Village
McKinley Village will showcase 10 thoughtfully designed urban parks and landscaped common areas, as well as a planned community garden. A wide array of pocket parks are spread out throughout the village, some ideal for the kids to play and others perfect for checking emails over a coffee.
“These green spaces ensure that life at McKinley Village is enjoyed as much throughout our network of parks and open spaces as it is inside each new contemporary residence,” said Carson. “In addition, the community will feature biking and walking paths that easily allow residents to explore the close by American River Parkway and to have easy access to their workplace, local dining, concert venues and more.”
McKinley Village Clubhouse is the Social Hub
At the heart of the wealth of social amenities available to residents is the McKinley Village Clubhouse and pool. This center of recreation and wellness will provide homeowners the opportunity to hold neighborhood gatherings or plan group social activities in the Clubhouse, as well as practice yoga classes or exercise in the gym. Summer family barbecues will include fun afternoons spent swimming in the McKinley Village pool, warming-up with sunset dips in the spa, or introducing the kids to the joys of water activities in the wading pool. And, while residents and their families enjoy the Clubhouse, they can re-charge their electric vehicles at the public EV chargers adjacent to the facility.
Life Surrounded by Public Art
Those who stroll through the neighborhood will find inspiration from the nine public art installations, eight of which were designed and crafted specifically for McKinley Village by artists from the Sacramento region. The McKinley Village Art Walk will be a unique display of public art within a residential setting, providing an immediate point of differentiation for the neighborhood as well as drawing interest from around the Sacramento region.
By opening day, two of the art installations, both within the newly completed Alan and Helen Post Park, will be in place. These include a sculpture entitled “La Feuille” (the leaf) by local artist Marc Foster and an installation of five bronze sculptures by Helen Post, in whose honor the first McKinley Village park has been named. La Feuille will be anchored by two leaf-shaped structures made of honed stainless steel standing approximately 18 and 15 feet tall, with corten steel branches extending above and beneath the ground in either direction. Building on Sacramento’s legacy as the City of Trees and East Sacramento’s tree-lined streets, the artwork, in the words of Foster, pays “homage to trees and, more specifically, leaves.” McKinley Village is shaped like a giant leaf and current plans call for the planting of more than 1,800 trees in the neighborhood.
In addition to the nine outdoor public art works, McKinley Village will feature the arts in other important and distinctive ways. The new McKinley Village Way underpass at the entrance to the neighborhood and the McKinley Village Clubhouse tower will be lit with state-of-the-art, multi-color LED lights. McKinley Village streets are named for respected local artists; the Clubhouse will feature the work of local artist Charlotte Cooper; and the first two parks have been named for civic leaders with a passion for art – Alan and Helen Post and former Mayor R. Burnett Miller. For more information about the McKinley Village Art Walk, visit http://www.SacMetroArts.org/Programs/Public-Art/McKinley-Village-Art.
For more information on McKinley Village and to join the Interest Registry for a new home, visit www.McKinleyVillage.com.
About The New Home Company
NEW HOME is a publicly traded company listed on the New York Stock Exchange under the symbol “NWHM.” It is a new generation homebuilder focused on the design, construction and sale of innovative and consumer-driven homes in major metropolitan areas within select growth markets in California and Arizona, including coastal Southern California, the San Francisco Bay area, metro Sacramento and Phoenix. In 2013, 2014 and 2015, NEW HOME was the recipient of “The Eliant” for Best Overall Customer Experience in the Eliant Homebuyers’ Choice Award’s multi-divisional builder segment. In 2016, NEW HOME won a total of 23 Eliant Awards, including nine First Place Awards, the highest number earned by a homebuilder. Also in 2016, the National Association of Home Builders selected The Cannery, an innovative mixed-use community developed by NEW HOME in Davis, Calif., as “Master-Planned Community of the Year,” and The Cannery won a Grand Award for “Residential Community of the Year-Master Plan” at the 2016 Gold Nugget Awards presented during PCBC. For more information about the company or its current new-home offerings, visit www.NWHM.com.
About Riverview Capital Investments
RIVERVIEW is a Sacramento based company that focuses on sustainable urban development and clean energy projects. Founded in 2007, the company is owned by native Sacramentans Phil Angelides and Megan Norris.
From 1986 through his election as California State Treasurer in 1998, Mr. Angelides was the owner and president of River West Investments (RWI). In the 1980s and 1990s, RWI pioneered the planning and building of smart growth communities, setting a new standard for sustainability before that term was in common usage. Among RWI’s projects was the community of Laguna West which was one of the first developments in the country to put the principles of New Urbanism into practice. It was featured in Time, Newsweek, The New York Times, U.S. News and World Report and ABC-TV’s Good Morning America and helped spark a national dialogue around building more livable, environmentally responsible communities.
Mr. Angelides has received numerous awards for his work, including the National Inner City Leadership Award; the California League of Conservation Voters’ Environmental Leadership Award; the Local Environmental Leadership Award from Global Green; the Congress for the New Urbanism’s Lifetime Achievement Award; and induction into the California Housing Hall of Fame. RWI’s projects also received multiple awards, including the Outstanding Planning Award from the American Planning Association, California and Sacramento Chapters; and Best On-The-Boards Community Site Plan, Gold Nugget Award, Pacific Coast Builders Conference. Mr. Angelides was twice voted Best Developer in the Sacramento News and Review Best of Sacramento Reader’s Poll.