DMB Associates Unveils Vision for Victory, Verrado’s Next Generation Community for 55+

(NEWS RELEASE)

PHOENIX, AZ. (October 15, 2013) – DMB Associates broke ground today on “Victory,” totaling approximately 1,200 acres, representing the next generation of communities for people 55+ years and better.

“We’ve created a neighborhood in our thriving small town community of Verrado where people can explore the life they have waited to live for at least 55 years,” said Charley Freericks, president of DMB. “With Victory, DMB Associates has shifted the paradigm in how communities are planned to provide meaningful and authentic experiences for Baby Boomers.”

Screen Shot 2013-10-16 at 8.39.46 AMThis new district is the culmination of years of consultation with lifestyle, health and medical experts to design a place that lives up to the aspirations of residents. Victory offers exclusivity and the connection of being part of the tightknit, multigenerational Verrado.

“We are living longer, healthier lives and expectations have changed for how we want to live,” said Nick Taratsas, DMB senior vice president and general manager of Victory. “The Boomer generation looks realistically at living to 100 years old. Victory provides the necessary flexibility for Boomers who want to work, stay healthy, have fun and be actively engaged in the community.”

Known for developing communities with a strong sense of place, DMB learned from experts from Arizona and across the country.

Experience Matters, a Phoenix-based organization connecting Boomers with nonprofits, highlighted the importance of meaningful engagement including an encore career, a part-time job and/or volunteering in ways that take advantage of Boomers’ expertise, experience and education within the community.

The Gray Institute, a Michigan-based organization that collaborated with Nike to develop their Professional Golf Training Program, inspired DMB to look at opportunities to include strength, coordination and power resiliency activities into Victory for all “athletes.”

DMB also consulted Dr. Walter Bortz, a clinical professor of medicine at Stanford University. Bortz instilled in DMB the importance of physical, mental and human connectivity to people, places and community as well as the benefits of taking a walk instead of a pill.

DMB hired Hart Howerton, one of the nation’s leading architectural and planning firms based in New York and San Francisco, to design the centerpiece of Victory with the advice of experts and future residents. Hart Howerton has earned international accolades for their work with properties like the Four Season Resorts. They also have been the creative force behind well-known places like Palmetto Bluff in South Carolina.

With 3,500 homes at build out, Victory will be the first active adult community to offer homes designed and built by multiple home builders, providing innovative home plans, many options to personalize, more choices for the consumer and diverse neighborhoods.

Victory’s neighborhoods have been designed to take advantage of the new 18-hole golf course and open desert landscape as it winds through the neighborhoods with an extensive path and trail system, connecting residents with Verrado and the White Tank Mountains.

About Verrado

Verrado, an 8,800-acre community located in Buckeye, Ariz., represents the best of hometown and Arizona. This modern community is widely-recognized for its small town charm and authentic architecture. With its engaging lifestyle and celebration of learning, Verrado fosters a sense of neighborliness and expression of individuality that is unique to this 21st century Arizona town. The community is developed by DMB Associates a Scottsdale, Arizona-based diversified real estate development and investment firm. Visit verrado.com for more information.

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