Back to the Future: GL Homes' Newest Community, Riverstone in Naples, Draws Massive Crowds, Campers and Impressive Sales on Grand Opening Weekend

GL Homes sells 42 new homes as over 2,000 visitors pack their grand opening

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Jan 31, 2012, 02:05 ET

SUNRISE, Fla., Jan. 31, 2012 /PRNewswire/ -- South Florida's largest homebuilder, GL Homes, celebrated a breakthrough crowd at their grand opening of Riverstone, a unique single family community in Naples. This highly anticipated opening drew an estimated crowd of over 2,000 visitors on Saturday and Sunday, resulting in 42 sales. The big news, which reminded everyone of the housing boom, was that 26 people camped out overnight to secure the lot they wanted. Riverstone is situated in a prime Naples location, just off Immokalee Road. http://www.glhomes.com/pages-coming-soon-riverstone-at-naples

"What a weekend. Our sales office didn't open until 9:30am on Saturday, but we had people getting in line starting at 8pm on Friday. It's been years since we've seen campers," said Division President, Jill DiDonna.

Riverstone will be a high-end community with 850 single family homes. Totaling 640 acres, Riverstone will be made up of nearly 300 acres of preserves and lakes. Beyond its dramatic entrance with a 40-foot cascading waterfall, Riverstone will feature an indoor sports club, yoga studio and social hall. The 1,748 to 4,500 air-conditioned square feet homes are priced from the $300's to over $600,000.

"The volume of business was reminiscent of the boom. I think everyone is desperate for something positive to come out of the real estate industry and we don't know if we're seeing the trend reverse, but it gives us great optimism to know that there are buyers out there for 2012," added DiDonna.

GL Homes unveiled seven spectacularly decorated models, an impressive sales office, and 18 spec homes are currently under construction. "Naples is truly a great place to live, especially when you combine elegant homes at unbeatable prices. We are proud to have the hottest community in the country and credit our dedication to quality, research, aggressive marketing and understanding of the communities' needs."

Since 1976, GL Homes has grown from a small, local builder to one of the nation's largest. For over three decades, GL Homes has created exceptional communities and built quality residences in Florida's most desirable locations including Palm Beach, Broward, Indian River, Collier, Lee and Hillsborough counties. www.glhomes.com.

Media Contact: Glen Calder, 561-750-9800 ext. 216; [email protected]

SOURCE GL Homes