Toll Brothers at Fosdick Glen will offer just 15 expansive home sites nestled in nature and close to downtown Ann Arbor
SALINE, Mich., April 09, 2024 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced the company’s newest luxury single-family home community, Toll Brothers at Fosdick Glen, is coming soon to Saline, Michigan. Toll Brothers will offer 15 available home sites in this exclusive community located just 15 minutes from downtown Ann Arbor. Sales will begin in summer 2024.
Located off Bemis Road and Fosdick Road, just five minutes from Saline’s charming Main Street, Toll Brothers at Fosdick Glen will be nestled among 34 acres of open space with expansive half-acre+ private home sites. Home buyers will be able to choose from five exquisite home designs ranging from 2,627 to 3,273+ square feet each built with the outstanding quality, craftsmanship, and value for which Toll Brothers is known. Home designs will include 4 to 6 bedrooms, 2.5 to 5.5 baths, well-designed gourmet kitchens, private home offices, luxurious first- or second-floor primary bedroom suites, 2- or 3-car side-entry garages, plus options for multigenerational suites and finished basements.
“Toll Brothers at Fosdick Glen will offer residents a variety of versatile, open-concept floor plans with modern architecture and unrivaled personalization options at our state-of-the-art Design Studio,” said Isaac Boyd, Division President of Toll Brothers in Michigan. “We are excited to be building in Saline again where the top-rated schools match the top-tier recreational opportunities, all within proximity to exciting downtown areas, making this an ideal place to live.”
Surrounded by beautiful parks and nature trails, the Saline area offers endless recreational opportunities throughout all four seasons. Home buyers will also enjoy the nearby shopping, dining, arts and entertainment in downtown Saline, Ann Arbor, and Plymouth, as well as downtown Detroit’s sporting arenas, stadiums, and more. Children will have the opportunity to attend the highly acclaimed Saline Area School District, named the No.1 Best School District for Athletes in Michigan by Niche.com – and all schools are located less than 10 minutes away.
Major highways including Michigan Highway 14, Interstates 23, 94, 96, and 275, are easily accessible from Toll Brothers at Fosdick Glen, offering homeowners convenient access to any destination.
For more information on Toll Brothers at Fosdick Glen, call (866) 267-0537 or visit FosdickGlen.com.
About Toll Brothers
Toll Brothers, Inc., a Fortune 500 Company, is the nation’s leading builder of luxury homes. The Company was founded 57 years ago in 1967 and became a public company in 1986. Its common stock is listed on the New York Stock Exchange under the symbol “TOL.” The Company serves first-time, move-up, empty-nester, active-adult, and second-home buyers, as well as urban and suburban renters. Toll Brothers builds in over 60 markets in 24 states: Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Virginia, and Washington, as well as in the District of Columbia. The Company operates its own architectural, engineering, mortgage, title, land development, smart home technology, and landscape subsidiaries. The Company also develops master-planned and golf course communities as well as operates its own lumber distribution, house component assembly, and manufacturing operations.
In 2024, Toll Brothers marked 10 years in a row being named to the Fortune World’s Most Admired Companies™ list. Toll Brothers has also been named Builder of the Year by Builder magazine and is the first two-time recipient of Builder of the Year from Professional Builder magazine. For more information visit TollBrothers.com.
From Fortune, ©2024 Fortune Media IP Limited. All rights reserved. Used under license.
Contact – Andrea Meck | Toll Brothers, Director, Public Relations & Social Media | 215-938-8169 | ameck@tollbrothers.com
Photos accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/c32f1aa3-3623-4711-8d49-cc10be2c5ba6
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Sent by Toll Brothers via Regional Globe Newswire (TOLL-REG)
For PropertyGuru’s news roundup, Japan is the top cross-border commercial property investment target for 2024. In other news, Vietnamese living abroad but buying domestic property, while Manila was the fastest-appreciating luxury real estate market in 2023.
Japan is top cross-border commercial property investment target in 2024
According to CBRE’s 2024 Asia Pacific Investor Intentions Survey featured in The World Property Journal, Japan is the top target for cross-border real estate investment in Asia Pacific for the fifth consecutive year, with investors focusing on Tokyo, Osaka, and other major regional cities.
Singapore and Australia closely follow as attractive destinations for investment, as investors are drawn to developed, transparent, and liquid markets. India is the preferred emerging market in Asia Pacific, with Mumbai and Delhi capturing the interest of long-term investors seeking to expand their real estate exposure in the world’s fastest-growing economy.
Investors in the Asia Pacific region are maintaining consistent plans to acquire real estate compared to last year, with high-net-worth and private investors expected to be the most active buyers, followed by institutional investors. Notably, investors in Australia, Singapore, and Hong Kong SAR display the strongest intentions to sell.
Overseas Vietnamese snap up domestic property
Foreign Vietnamese are spending big on apartments and land in Vietnam, which they consider as good investment assets compared to prices in developed markets, according to a report by VnExpress.
Harry Nguyen from Australia bought a 100-square-meter apartment in Da Nang City last December for just over VND3 billion ($122,000), which he said was a “sound” investment.
“The same apartment would have cost me around $1.5 million in Hong Kong, $400,000 in Australia, and $300,000 in the Philippines,” he said, adding that he could either live in the property or lease it for around VND30 million a month.
Manila led the world in luxury home price growth in 2023
Manila overtook Dubai as the fastest-appreciating luxury real estate market last year, according to the residential installment of Knight Frank’s Wealth Report, released Wednesday and reported in Mansion Global.
Considered the most densely populated city in the world, the capital of the Philippines recorded annual price gains of 26.3% across its high-end market in 2023, the most of any of the 100 markets analyzed by the real estate firm and property consultant.
With price growth of 16%, Dubai, which ranked No. 1 in the prior edition of the report, slipped to second place; and the Bahamas, having logged price gains of 15% last year, came in third place. The Algarve, in Portugal, and Cape Town, South Africa, both of which saw prices jump 12.3%, rounded out the top five.
The Property Report editors wrote this article. For more information, email: [email protected].