Home Properties Breaks Ground on Upscale Apartment Community

MALVERN, Pa., Oct. 26, 2012 /PRNewswire/ -- Home Properties, Inc. (NYSE: HME) today announced the groundbreaking of its newest apartment community, The Courts at Spring Mill Station, located in Whitemarsh Township, Conshohocken, Pa. The groundbreaking was celebrated yesterday in ceremonies held onsite at The Courts at Spring Mill Station.

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The Courts at Spring Mill Station is designed as an upscale community of 385 apartment homes within the Colonial School District. The community is directly adjacent to the SEPTA Spring Mill Station for easy rail access to Center City, Philadelphia, and the Greater Philadelphia area. The Courts at Spring Mill Station is also just steps from the Schuylkill River Trail, a 130-mile, multi-use trail that runs from Valley Forge to Center City, and beyond.

Architecturally, The Courts at Spring Mill Station's two buildings will reflect the area's rich industrial history, melding that history with every modern convenience of a new apartment community. Additionally, the 18^th century Miller's House at Spring Mill is being renovated as part of this project for use as retail and/or professional offices. The Courts at Spring Mill Station will offer studio, one-bedroom, and two-bedroom open floor plans, available for rent in early 2014.  Amenities designed for wellness and relaxation that will be part of this premier apartment community  include a state-of-the-art fitness center with yoga studio, resort-style swimming pool, indoor half-court for basketball and volleyball, and a Wi-Fi café with computer stations and coffee bar. For more information about the many features and amenities, visit CourtsAtSpringMill.com.

Home Properties is planning to achieve LEED Certification (Leadership in Energy and Environmental Design) for The Courts at Spring Mill Station as part of its commitment to environmental responsibility and to augment the green living efforts of residents. Developed by the U.S. Green Building Council, LEED is the nationally accepted benchmark for the design, construction, and operation of high-performance green buildings. The Courts at Spring Mill Station will include environmentally-friendly features like Energy Star appliances, energy-efficient HVAC systems and windows, lower flow toilets and faucets, and use of recycled and regional materials.

"Home Properties is excited about adding this new property to our other 18 apartment communities in the Philadelphia region," said Kerri Haltom, Home Properties' Regional Vice President, Philadelphia Region. "We are also pleased to be able to offer residents at The Courts at Spring Mill Station greener lifestyle choices including the option to go totally car-free with SEPTA outside their front door. Easy access to public transportation combined with the many environmentally-friendly building practices Home Properties is incorporating, makes a greener lifestyle attainable," said Haltom.

Home Properties is a publicly traded multifamily real estate investment trust (REIT) that owns, operates, develops, acquires and rehabilitates apartment communities primarily in selected Northeast and Mid-Atlantic markets. An S&P 400 Company, Home Properties owns and operates 127 communities containing 44,232 apartment units. For more information, visit Home Properties' website at homeproperties.com.

SOURCE Home Properties

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