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KB Home and Martha Stewart Introduce New Active Adult Community in La Quinta, California.

Publication: Business Wire
Publication Date: 10-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Announcement Event Features Cupcake-Decorating Contest Judged by Stewart

LA QUINTA, Calif. -- Martha Stewart Living Omnimedia (NYSE: MSO) and KB Home (NYSE: KBH) today announced their newest project -- an active adult community in La Quinta, California. These new KB homes created with Martha Stewart will represent KB Home's first community built exclusively for adults 55 and over.

"I'm very excited about our newest Martha Stewart community with KB Home created especially for mature adults who lead active lives," said Martha Stewart. "As in all of our communities, these homes will be affordable and beautifully designed with an eye to practical details. In addition, the clubhouse activities and meeting areas will help cultivate friendship and camaraderie among residents."

Approximately 100 guests, including area...

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