MARKET WIRE NEWS

Taylor Morrison to Expand Esplanade Brand to the Las Vegas Market with New Community

MWN-AI** Summary

Taylor Morrison, one of America's most trusted homebuilders, is set to expand its successful Esplanade brand into the Las Vegas market. The new community, Esplanade at Red Rock, will be located within the highly regarded Summerlin master-planned community, anticipated to feature nearly 400 homes upon completion. This latest addition aims to promote a vibrant resort-style living experience that resonates deeply with homeowners looking for social connections and wellness through various programs and activities.

The groundbreaking for Esplanade at Red Rock took place earlier this month, introducing modern Palm Springs design aesthetics to the homes, which will range from approximately 1,550 to 3,000 square feet—with options of 2-4 bedrooms and spacious garages. A standout feature of this community will be a 10,000 square-foot resort amenity complex, including a restaurant, bar, spa, fitness center, pool, and even a golf simulator, designed to enhance the living experience for residents.

Kent Lay, President of Taylor Morrison's Las Vegas Division, expressed excitement about this expansion, emphasizing the beautifully designed homes and distinctive resort-style amenities they will offer. Situated against the stunning backdrop of Red Rock National Conservation Area and boasting over 200 miles of trails, Summerlin provides an exceptional environment for outdoor enthusiasts and residents alike, complemented by access to numerous amenities such as restaurants, retail options, and entertainment venues.

Having established the Esplanade brand over 13 years ago, which now spans nearly 30 communities across the U.S., Taylor Morrison anticipates commencing sales at the Esplanade at Red Rock in early 2026. A VIP interest list has already been initiated, reflecting the anticipated high demand for this unique lifestyle offering in Las Vegas. For updates and further information, interested parties are encouraged to visit Taylor Morrison's website.

MWN-AI** Analysis

Taylor Morrison's recent decision to expand its Esplanade brand to the Las Vegas market by establishing a new community in Summerlin presents a compelling investment opportunity. The Esplanade brand, known for its resort-style amenities and wellness programs, has gained significant traction across the U.S., and its introduction to one of the best-selling master-planned communities enhances its potential.

The strategic location of Esplanade at Red Rock not only positions it within an affluent residential area but also capitalizes on Summerlin's extensive amenities, including recreational venues and a robust social scene. As such, this development is set to attract buyers seeking a blend of luxury and leisure, particularly retirees and those desiring a second home who are increasingly drawn to lifestyle-oriented communities.

Moreover, the planned offering of nearly 400 homes, with diverse floor plans ranging from approximately 1,550 to 3,000 sq. ft., effectively caters to a broad demographic. The hallmark of Esplanade—emphasizing community connection through wellness and social activities—aligns well with growing consumer preferences for lifestyle amenities in a post-pandemic world.

As the housing market remains generally resilient, especially in appealing locales like Las Vegas, this expansion could potentially drive strong demand. The competitive landscape for luxury properties may later intensify as buyers weigh options in proximity to established amenities but the unique offerings of the Esplanade brand could set it apart, creating a favorable margin for Taylor Morrison stakeholders.

Looking ahead, investors should keep a close eye on initial sales and pricing strategies as they begin in early 2026. Being proactive in gauging consumer response will be essential, as early indicators will not only reflect the health of this luxury segment but also determine the scope for future expansions in other burgeoning markets.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: PR Newswire

PR Newswire

America's Most Trusted ® Home Builder brings its top-selling resort lifestyle brand to Summerlin

LAS VEGAS , May 27, 2025 /PRNewswire/ -- America's Most Trusted ® Home Builder, Taylor Morrison, is introducing their highly successful resort lifestyle brand, Esplanade, to the Las Vegas market in the Summerlin master-planned community. Upon completion, the Esplanade at Red Rock community will bring nearly 400 homes to the area, showcasing an elevated resort-lifestyle.

"We're looking forward to expanding the Esplanade footprint to the Las Vegas area and offering our signature resort-style amenities and concierge services within the Summerlin community," said Cammie Longenecker , President of Resort Lifestyle Brand. "The Esplanade lifestyle increasingly resonates with homeowners wanting to build meaningful connections with their neighbors through wellness programs and social activities, so bringing the brand to the highly desirable and well-connected master-planned community of Summerlin was a natural step."

Following its official groundbreaking earlier this month, Esplanade at Red Rock located along West Lake Mead Boulevard will offer nearly 400 homes on 88 acres that draw upon modern Palm Springs designs. The homes will range from approximately 1,550 to 3,000 sq. ft. with 2-4 bedrooms, 2.5 - 4.5 baths, and up to 4 car garages. Planned amenities include a 10,000 square-foot resort amenity complete with a restaurant, bar, spa, fitness center, pool, and golf simulator.

"We're thrilled to bring the Esplanade brand to one of the best-selling master-planned communities in the country and build upon our success there with Ashland and Lark Hill," said Kent Lay , Las Vegas Division President at Taylor Morrison. "This upcoming community will offer beautifully designed homes and signature resort-style amenities that encapsulate what makes living at Esplanade so special."

As Summerlin offers more amenities than any other Southern Nevada community , residents will have excellent access to restaurants, retail stores, entertainment options, Class A office buildings, and indoor and outdoor venues, including the Las Vegas Ballpark, City National Arena, Nevada Ballet Theatre, and Summerlin Library and Performing Arts Center. Nestled against the Red Rock National Conservation Area, Summerlin also has more than 200 miles of trails in the desert oasis that immerse residents into their natural surroundings.

Since launching in Florida over 13 years ago, the Esplanade brand has expanded to nearly 30 communities across the country, most recently launching in markets including Charlotte, North Carolina ; Temecula, California ; Sacramento, California ; and Las Vegas, Nevada coming soon.

Sales are estimated to begin at Esplanade at Red Rock in early 2026. A VIP interest list is now forming and can be joined here .

For more information about Taylor Morrison and Esplanade, and to receive the latest updates on upcoming communities, please visit the website here .

About Taylor Morrison

Headquartered in Scottsdale, Arizona , Taylor Morrison is one of the nation's leading homebuilders and developers. We serve a wide array of consumers from coast to coast, including first-time, move-up, luxury and resort lifestyle homebuyers and renters under our family of brands—including Taylor Morrison, Esplanade and Yardly. From 2016-2025, Taylor Morrison has been recognized as America's Most Trusted ® Builder by Lifestory Research. Our long-standing commitment to sustainable operations is highlighted in our annual Sustainability and Belonging Report .

For more information about Taylor Morrison, please visit www.taylormorrison.com and for more information about Esplanade, please visit DiscoverEsplanade.com .

CONTACT : Tara Shultz
(480) 466-3339
TShultz@taylormorrison.com

SOURCE Taylor Morrison

FAQ**

How does Taylor Morrison Home Corporation Class A TMHC plan to differentiate the Esplanade at Red Rock community from other luxury developments in the competitive Las Vegas market?
Taylor Morrison Home Corporation plans to differentiate the Esplanade at Red Rock community by offering unique luxury amenities, a focus on modern design, and a lifestyle tailored to active adult residents, ensuring an exceptional living experience in the competitive Las Vegas market.
What specific wellness programs and social activities will Taylor Morrison Home Corporation Class A TMHC incorporate into the Esplanade brand to enhance community engagement in Summerlin?
Taylor Morrison Home Corporation Class A TMHC plans to incorporate wellness programs such as fitness classes, yoga sessions, and social activities like community events and clubs into the Esplanade brand to enhance community engagement in Summerlin.
Can Taylor Morrison Home Corporation Class A TMHC share insights into the market research that led to the decision to expand the Esplanade brand into the Las Vegas region?
Taylor Morrison Home Corporation's decision to expand the Esplanade brand into the Las Vegas region was driven by comprehensive market research indicating strong demand for active adult communities, favorable demographic trends, and a growing local economy.
How does Taylor Morrison Home Corporation Class A TMHC intend to address sustainability and environmental concerns in the development of the Esplanade at Red Rock community?
Taylor Morrison Home Corporation Class A (TMHC) plans to address sustainability and environmental concerns in the development of the Esplanade at Red Rock community by incorporating energy-efficient designs, sustainable materials, and environmentally friendly practices throughout the construction and operation phases.

**MWN-AI FAQ is based on asking OpenAI questions about Taylor Morrison Home Corporation (NYSE: TMHC).

Taylor Morrison Home Corporation

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