Ashton Woods Acquires Prestigious Lyon's Gate Homesites in Gilbert

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Limited Availability; Qualified Homebuyers Encouraged to Sign-Up

Ashton Woods Homes, a premiere builder of eco-friendly and energy-efficient new homes, today announced that they have acquired 59 finished lots within the Lyon's Gate Master Plan Community in Gilbert, Arizona.

Headquartered in Atlanta Georgia, Ashton Woods builds high-performance new homes in growth communities in Atlanta, Austin, Dallas, Houston, Orlando, Phoenix, Raleigh and Tampa. Close to jobs, shopping and transportation corridors, Ashton Woods effectively balances healthy-house features with energy efficiency in their Power House Green homes – which can save homeowners as much as 45% per year on utility bills.

Lyon's Gate is located in a geographically desirable area of Gilbert, between Mesa and Chandler; just minutes away from the Superstition, 202 and 60 freeways, near Higley and Ray Roads. Residents of Lyon's Gate are close to Southeast Valley employers that include Intel, Arizona State University, Motorola and several healthcare facilities and retail centers.

Planned homesite sizes are 75 x 123.5 feet and priced from the high $200,000's.

Interested homebuyers are encouraged to join the interest list early by visiting
http://www.ashtonwoods.com/phoenix.

About Ashton Woods Homes
Ashton Woods Homes is a subsidiary of the Great Gulf Group- a fully-integrated collection of companies that spans the entire real estate spectrum in North America – from land acquisition and development to the design and construction of master planned communities. For more than 40 years, Ashton Woods has built a solid reputation for building comfortable, energy-efficient, high-performance homes and is honored with the most coveted local, regional and national awards. For more information, visit http://www.ashtonwoodshomes.com/phoenix

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Cheryl Kelley
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