New and Enhanced Amenities to Deliver a Bigger, Better, and Bolder Solivita

AV Homes, Inc. (Nasdaq:AVHI), a leading homebuilder with award-winning active adult communities in Florida, Arizona and North Carolina, today announced the addition of new and enhanced amenities at Solivita, its nationally recognized 55+ community in Kissimmee, Fla. Upgrades to the community, which already boasts more than 150,000 square feet of resort-style amenities, are part of a larger series over a few years.

“Solivita is a premier Active Adult community noted as one of the top 5 in the country, and it is only going to get better,” said Matt Orosz, Central Florida Division Co-President of AV Homes. “While AV Homes is proud of our leadership position, and the more than seventy awards Solivita has received for excellence in design, community planning and environmental sustainability, we understand it’s recognition we didn’t earn by resting on our laurels.”

A remodel of the Stonegate Grille began this month. AV Homes is investing in modernizing, updating, and upgrading the restaurant, which will be relaunched as the Stonegate Sports Bar and Grille upon completion. This includes a fresh and enlarged outdoor seating area, redecorated dining area, a new sports bar with TVs and new updated kitchen.

AV Homes also tapped Hampton Golf to manage and operate the Stonegate Grille, Stonegate Golf Club, Mosaics Restaurant and the Bistro. Hampton Golf is a sister company to Evergreen Lifestyles Management which currently manages the Homeowners’ Association for Solivita, so combining golf, food and beverage, facility and HOA management will ensure a streamlined, coordinated effort.

AV Homes will also add a pharmacy and convenience store offering sundries on Village Drive. Furthermore, a new manned, gated entrance which will include high-end transponder technology and a license plate recognition system will open at the west entrance of Solivita Boulevard. The guard gate will come as the second phase of the Poinciana Parkway concludes, providing access to on and off ramps on Cypress Parkway, east of the Solivita Boulevard west entrance.

The Poinciana Parkway, which saw its first phase completed in April, has always been a part of AV Homes’ long-term growth strategy to enhance the community for residents and attract new home buyers. The roadway provides additional access to Solivita where AV Homes has earmarked 3,000 acres towards future development. Plans include additional communities, as well as commercial development throughout the area.

“The completion of Poinciana Parkway aligns perfectly with the additional residential and commercial development we have planned,” added Orosz. “Solivita will only continue to evolve into an even better active adult’s paradise, delivering new enhancements that are not only a reflection – but truly worthy – of the dynamic and incredible residents who currently live here, and the ones who will one day call our community - home.”

For more information about AV Homes’ communities, please visit www.avhomesinc.com.

About AV Homes

AV Homes is engaged in homebuilding and community development in Florida, Arizona, and the Carolinas. Its principal operations are conducted in the greater Orlando, Jacksonville, Phoenix, Charlotte, and Raleigh markets. The Company builds communities that serve both active adults (55 years and older) as well as people of all ages. AV Homes common shares trade on NASDAQ under the symbol AVHI. For more information, visit www.avhomesinc.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160810005978/en/