Century Communities Expands Nevada Footprint

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Skye Canyon Announces Third Builder for the Emerging, Active Lifestyle Community

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“We are excited to announce Century Communities as the latest builder at Skye Canyon,” - Garry V. Goett, Chairman & CEO of Olympia Companies.

Skye Canyon is proud to announce Century Communities as the third builder in the Northwest Las Vegas master-planned development. Tucked between the bright lights of the Las Vegas Strip and Mount Charleston, Skye Canyon is the first large-scale residential development to break ground in the Las Vegas Valley since the great recession and is geared toward an active, outdoor lifestyle.

Century Communities will offer a total of 204 single-family homes sites with floor plans ranging in size from 1,700 to 3,600 square feet. Model homes are targeted to open in early 2016. The national homebuilder has communities in Colorado, Georgia, Nevada and Texas; is a top-50 homebuilder in the United States; and is one of the top five fastest growing homebuilders by total revenue.

“Skye Canyon is the perfect opportunity for us to further expand into the Las Vegas market and showcase our distinctive and fresh home designs,” said Don Boettcher, president for Century Communities’ Nevada Division. “The development is in a beautiful location and will certainly be a very desirable community.”

Designed to complement the surrounding scenery, Skye Canyon is a 1,700-acre community that will offer a number of amenities, including community parks and an extensive system of hiking and biking trails. Located along Highway 95 and Horse Road, the property is slated for 9,000 homes and the first models are expected to open in the fall of 2015.

“We are excited to announce Century Communities as the latest builder at Skye Canyon,” said Garry V. Goett, Chairman & CEO of Olympia Companies. “Our builders and contractors have been hard at work, and Skye Canyon’s infrastructure and future homes are really coming alive.”

Century Communities joins two additional builders, Pulte Homes and Woodside Homes, which were announced in late 2014.

Olympia Companies, the master developer of the project, is known for its premier residential communities, including Southern Highlands. The property is owned by affiliates of Stonehill Capital Management, Spectrum Group Management LLC and Olympia Companies.

For more information visit skyecanyon.com.

About the Olympia Companies
Olympia Companies is the prominent master plan developer in Southern Nevada. Olympia is the developer of the Southern Highlands Master-Planned Community and the developer and an owner of the Southern Highlands Golf Club. Southern Highlands is the premier community in the Las Vegas Valley with more than 20,000 residents. For more information, please visit Olympiacompanies.com.

About Century Communities
Founded in 2002, Colorado-based Century Communities is a builder of single-family homes, townhomes and flats in select major metropolitan markets in Colorado, Texas, Nevada and Georgia. The Company offers a wide variety of product lines and is engaged in all aspects of homebuilding, including the acquisition, entitlement and development of land and the construction, marketing and sale of homes. Century Communities is one of the top five fastest growing homebuilders in the United States by total revenue. To learn more about Century Communities please visit http://www.centurycommunities.com.

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Media Contact: Katie Propati, Martz Parsons, 480-478-6951, kpropati(at)martzparsons(dot)com

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