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Real Estate

Windward Homes becomes K. Hovnanian Homes

Special Sections correspondent
Published:   |   Updated: May 25, 2013 at 10:59 PM

Windward Homes has changed its name to K. Hovnanian Homes and to celebrate the name change, is offering reduced pricing in all of its 10 Tampa area communities.

"Although we have a long history in Tampa as Windward Homes, we are excited to have a name that reflects the national backing we have had for five years now," said George Schulmeyer, division president.

Hovnanian Enterprises Inc. acquired Windward Homes in 2003. "Our customers who know us and even those who haven't discovered us yet, will still receive the quality construction and exceptional customer service that Windward Homes has always provided," Schulmeyer said.

Customers can have confidence knowing that they are doing business with a national, publicly-traded company, while at the same time working with a locally founded civic minded organization, he said.

"We are big enough to be around for the long run and flexible enough to understand our customers' unique needs," Schulmeyer said. "We are able to utilize our extensive experience in the local market and deliver to the market the product, price and locations that are desired in the greater Tampa area today."

Laura VanVelthoven, vice president of corporate marketing and sales for K. Hovnanian Cos., LLC, says the future in Tampa is solid. "We see unlimited potential in Tampa's residential market. Tampa has solid long-term fundamentals with respect to population growth, household formation and job creation and we are thrilled that K. Hovnanian now has a stronger presence in the Tampa market."

Along with the name change, K. Hovnanian Homes is streamlining its product line, offering more energy-efficient homes and more affordable floor plans "while still maintaining the desirability, affordability and commitment to quality that are and were the Windward heritage. We are continuing to expand our products and locations to meet the marketplace needs as we are poised to open new communities in 2009," Schulmeyer said.

K. Hovnanian Homes is one of Tampa's largest builders with home building operations in 10 communities in Hillsborough, Pasco, Hernando and Manatee counties with single-family homes priced from the mid-$100,000s to more than $400,000.

The future of real estate in Tampa looks bright, Schulmeyer said, explaining they have seen positive sales so far this summer.

"It is still a very challenging and diverse marketplace, but the competitiveness and challenges are bringing out the best in the companies that remain in the marketplace. K. Hovnanian Homes is truly one of those businesses," he said. "Tampa is a great place to live, raise a family or retire, and you cannot replace the natural beauty, beaches or great winter weather that so many other parts of the country do not have. Our basic business model of why people buy in the Tampa area has not changed. In today's market, buying a home offers the greatest value buyers have seen in the past five years."

Founded locally in 1995, Windward Homes has given more than $1 million in charitable contributions and hundreds of hours of service work to the Tampa area.

Kevork S. Hovnanian founded Hovnanian Enterprises Inc. in 1959 and remains chairman today. Headquartered in Red Bank, N.J., it is one of the nation's largest home builders with operations in Arizona, California, Delaware, Florida, Georgia, Illinois, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and West Virginia, Schulmeyer said, adding that as the developer of K. Hovnanian's Four Seasons communities, the company also is one of the nation's largest builders of active-adult homes. For information, visit www.khov.com.

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