Christopher Todd Communities Built By Taylor Morrison Invests In Dallas-Fort Worth, Buys 15.9-Acres In Grand Prairie For New Build-To-Rent Luxury Community

Dallas, TX (May 24, 2021)—Multi-family housing innovator Christopher Todd Communities and America’s Most Trusted® Home Builder Taylor Morrison Home Corporation (NYSE: TMHC) are bringing a new single-story rental community to Grand Prairie located on the Northwest corner of Interstate 20 and Dechman Road on 15.9 gated acres. Named Christopher Todd Communities At Dechman, this community includes plans for more than 140 newly-designed single-story homes. The one and two-bedroom smart homes range from approximately 750-1,050 square feet and include private, maintenance-free backyards, pet doors, and will be complemented by resort-style amenities including a pool, fitness center and dog park. This project marks the first jointly branded luxury rental community in the Dallas-Fort Worth metroplex.

Under terms of the agreement Taylor Morrison serves as land sourcer, developer and builder, with Christopher Todd Communities providing its successful brand playbook that includes best-in-class community design details, asset management and the promise of A New Way To Live®.

“Taylor Morrison is excited to continue its evolution in the build-to-rent real estate segment which pairs nicely with our core for-sale homebuilding business as an alternative to traditional apartment living,” said Taylor Morrison Build-to-Rent National President Darin Rowe. “Our partnership enables Taylor Morrison to serve more customers, flex our production-builder muscles, and quickly address nationwide demand for a new and diverse housing experience that can’t be found through traditional apartment living.”

In addition to Texas, land sourcing efforts are underway in Arizona, North Carolina and Florida with other expansion market announcements planned for this year.

“Having a strategic partnership with Taylor Morrison—a widely respected national homebuilder and developer—allows us to reach many more markets in the years to come, drawing on the demand for a new way to live,” said Todd Wood, CEO of Christopher Todd Communities.

Comprised of well-appointed single-story, pet-friendly smart homes, the communities are less dense than typical vertical apartments, with no one above or below, no stairs to navigate and private backyards that provide personal space and an improved sense of wellness.

About Christopher Todd Communities
Christopher Todd Communities is a privately held fast-growing Arizona-based real estate company with a specific, unique niche in Build-To-Rent multi-family communities. In its relationship with Taylor Morrison, the company guides the creation, marketing, and management of technology-forward, luxury, single-story, one- and two-bedroom rental homes with private backyards and pet doors in professionally managed, smart-gated communities. For more information about Christopher Todd Communities please visit www.ChristopherToddCommunities.com.

About Taylor Morrison
Taylor Morrison Home Corporation (NYSE: TMHC) is the nation’s fifth largest homebuilder and developer based in Scottsdale, Arizona, that has been recognized as America’s Most Trusted® Home Builder for six years running (2016-2021). Operating under a family of brands including Taylor Morrison, Darling Homes, William Lyon Signature Home and Christopher Todd Communities built by Taylor Morrison, we serve consumer groups coast to coast, from first-time to move-up, luxury and 55-plus buyers. Our unwavering pledge to sustainability, our communities and our team—outlined in the 2020 Environmental, Social and Governance (ESG) Report—extends to designing thoughtful living experiences homeowners can be proud of for generations to come.

CONTACTS:
Christopher Todd Communities
Martha Moyer Wagoner
(602) 861-8006
martha@liveatctc.com

Taylor Morrison
Alice Giedraitis
(480) 840-8137
agiedraitis@taylormorrison.com