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April 6, 2017

William Lyon to be active in Lacey

Three years ago, the Newport Beach, California-based William Lyon Homes bought Polygon Northwest for $520 million. The combined company continues to be very active in the single-family sector, and it has announced a new 55-plus community in Lacey. There and in three other West Coast markets, the Ovation brand will depart “from traditional ‘cookie-cutter' active adult communities by cultivating an appealing brand lifestyle for 55-plus buyers who prefer a more intimate, unconventional and contemporary residential environment.” In a release, the company added, “Each community location will be less remote and self-contained than typical active adult settings and will ensure lifestyle priorities are accommodated with access to retail, restaurants, outdoor recreation, medical centers, airports and more. Since approximately 70 percent of this market segment expects to postpone retirement, they will also be within comfortable proximity of business centers.” Ovation at Oak Tree, in Lacey, will offer two- and three-bedroom homes with attached two-car garages, along with trails, green spaces and a fitness center. A start date wasn't specified.




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