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William Lyon Homes' infill neighborhoods offer new options for today's homebuyer

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Offering a variety of living options from stylish row-homes to well-designed condominiums, William Lyon Homes is answering the demand of a surprising number of San Diegans who are foregoing sprawling homes and big backyards for efficient, low-maintenance homes closer to work, shopping and other every day necessities.

William Lyon Homes will begin selling homes at Promenade at Spectrum in Kearny Mesa this March.

By converting under-used land sites and re-using it for new residential communities, William Lyon Homes is not only providing homebuyers more options but also are revitalizing several San Diego areas.

"Over the last few years we've seen a significant demographic shift in buyer trends," said Kathy Courtney, director of sales and marketing for William Lyon Homes' San Diego division. "In order to balance active, full lifestyles, more buyers are seeking out homes that require less effort to maintain."

According to Courtney, young professionals who are postponing families to focus on careers, and baby boomers looking to downsize their homes, are leading the trend of increased interest in attached homes. With minimal developable land available in San Diego County, William Lyon Homes is focused on under-used parcels of land and properties to create dynamic new neighborhoods. One of the company's most successful infill neighborhoods, which sold out this past summer, was Boardwalk at Spectrum.

Located in Kearny Mesa on the former General Dynamics campus just 8 miles from downtown San Diego, Boardwalk provided sophisticated homebuyers comfort, convenience and craftsmanship all just minutes from San Diego's downtown. Boardwalk's attached town homes offered prospective buyers four functional floor plans with all the convenience of work, shopping and entertainment within the neighborhood.

In March the company will begin selling at Boardwalk's sister community, Promenade at Spectrum. With prices anticipated from the low $400,000s, Promenade's condo-style homes will offer buyers four practical floor plans ranging from 1,128 to 1,416 square feet. Promenade's living options include two to three bedrooms, and two to two and one-half baths, all with one- or two-car attached garages.

Located just off state Route 52 in Santee, Treviso is a collection of Tuscan-inspired residences priced from the $400,000s and another example of a successful infill project by William Lyon Homes. This fall, the company unveiled the neighborhood's five new model homes, welcoming hundreds of homebuyers to the grand opening event and showcasing some homes' most appealing features -- full size kitchens, fireplaces, indoor laundry rooms and multiple walk-in closets in some plans.

In late 2006, William Lyon Homes will begin construction on three new re-use projects - Levanto (a former Good Nite Inn), Sunset Cove (previously Sunset Bowl), Altair (the former Water District's office), and Portola (Coleman College). Combined the new neighborhoods will add more than 260 new homes in San Diego; all in close proximity to the city's thriving entertainment and business districts.

Headquartered in Newport Beach, William Lyon Homes has nine geographic divisions and more than 50 current sales locations throughout California, Arizona and Nevada. The company has built and sold more than 125,000 homes and managed more than 10,000 apartment residences. More information about William Lyon Homes and a complete listing of its communities is available at www.lyonhomes.com.

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