Standard Pacific Homes Acquires 675 Acres Of Land Within The Wiregrass Area Of New Tampa

Standard Pacific Homes Acquires 675 Acres Of Land Within The Wiregrass Area Of
                                  New Tampa

Investment in upscale master-planned community reflects company's focus on
servicing move-up homebuyers

PR Newswire

TAMPA, Fla., Jan. 21, 2013

TAMPA, Fla., Jan. 21, 2013 /PRNewswire/ --Standard Pacific Homes, one of the
nation's leaders in homebuilding quality, today announced the acquisition of
675 acres in the Wiregrass area of New Tampa, from Sierra Properties.
Targeting the move-up buyer segment, the homebuilder will create over 20
all-new luxurious architectural designs to be offered on 1,180 homesites
within four distinctive Wiregrass neighborhoods. Among the most coveted
locations in Pasco County, Wiregrass will provide home shoppers an opportunity
to own a brand new home in an active master-planned community complemented by
extensive amenities.

(Photo: http://photos.prnewswire.com/prnh/20130121/LA45301)

"As one of the few remaining parcels of land in this prestigious setting,
Wiregrass is a perfect match for Standard Pacific Homes' growth strategy which
focuses on building exceptional communities in premier locations," said
Southeast Regional President for Standard Pacific Homes, David Pelletz. "The
top-caliber quality of the community will serve as a flagship for future
master-planned communities being created by Standard Pacific Homes in the
Florida market."

With a grand opening planned for the beginning of 2014, Standard Pacific Homes
will offer all-new home designs that feature large-scale open spaces and
thoughtful design details suited for the way people live today. The homes will
range in size from 1,800 to 5,000 square feet and will feature elegant
exterior styles including Italianate, Spanish and European Cottage. Another
notable feature is the highly-appointed gourmet kitchen that flows into an
expansive Great Room, an ideal space for entertaining and everyday life. The
homes will also introduce an indoor/outdoor living concept as well as master
suites outfitted with spa-like master baths.

Boasting an upscale amenity center, Wiregrass will provide residents the
opportunity to enjoy the community clubhouse, tennis courts, a lap pool, a
lagoon-style pool, a community playfield, a walking trail system and much
more. Located less than two miles from the community is The Shops at
Wiregrass, an affluent shopping mall offering 800,000 square feet of retail,
restaurants and entertainment options. The surrounding area also includes
quality schools, a community college, the Florida Hospital – Wesley Chapel and
a 100-acre regional park. Plus, the community offers direct access to job
opportunities as one of the two main gateways into the Tampa Business
District.

About Standard Pacific Homes

Standard Pacific Homes (NYSE:SPF) has been building beautiful, high-quality
homes and neighborhoods since its founding in Southern California in 1965.
With a trusted reputation for quality craftsmanship, an outstanding customer
experience and exceptional architectural design, the Company utilizes its
decades of land acquisition, development and homebuilding expertise to
successfully navigate today's complex landscape to acquire and build desirable
communities in locations that meet the high expectations of the Company's
targeted move-up homebuyers. Currently offering new homes in major
metropolitan areas in Arizona, California, Colorado, Florida, North Carolina,
South Carolina, and Texas, we invite you to learn more about us by visiting
standardpacifichomes.com.

Contact: Danielle Tocco
Director of Communications
Standard Pacific Homes
949.789.1633
dtocco@stanpac.com

SOURCE Standard Pacific Homes

Website: http://www.standardpacifichomes.com