Taylor Morrison Announces Plans to Build New Waterfront Resort Community in Indian Rocks

SARASOTA, FL, November 21, 2012

Taylor Morrison is pleased to announce plans to build a new waterfront community in beautiful Indian Rocks Beach in Pinellas, County. With beaches across the street and direct boating access to the Intercoastal Way, this new neighborhood is destined to attract the attention of upscale buyers who appreciate the outdoor Florida lifestyle.

This new gated community will consist of maintenance-free townhomes, all sharing Taylor Morrison's award-winning design and quality craftsmanship. The neighborhood will be adorned with lush tropical landscaping and accented with aesthetic enhancements such as ornamental architecture. Residents will enjoy relaxing with friends and neighbors at a private swimming pool with cabana area, while a community boat dock makes it easy to arrange a sunset sail or fishing trip.

Located in a highly sought-after area with limited new-home construction, the new community is nestled on one of Pinellas County's most scenic barrier islands. With its ideal central location, Indian Rocks offers the rare combination of being a true beach community with a relaxed attitude and lifestyle, while still being within easy driving distance of downtown Clearwater, Tampa and St. Petersburg and their many fine shopping, dining and cultural establishments.

Seven parks are located within two miles of the community, along with a public boat ramp and walkable beach access, and there are major retailers nearby for convenient everyday shopping.
Development at Indian Rocks is slated to begin in 2013. For more information or to be added to a VIP interest list to receive regular community updates, call 866-495-6006 or visit taylormorrison.com.

About Taylor Morrison
Taylor Morrison is the largest North American privately-owned homebuilder based in the United States, as reported by Hanley Wood based on 2011 revenues. Headquartered in Scottsdale, Arizona, Taylor Morrison is a builder and developer of single-family detached and attached homes. Under the Taylor Morrison brand, the Company operates in Arizona, California, Colorado, Florida and Texas. Under the Monarch brand, the Company operates in Ontario, Canada where the Company builds and develops single-family detached and attached homes in both Toronto and Ottawa. Monarch also builds high-rise condominiums in Toronto. Taylor Morrison serves a wide array of homebuyers, including entry-level, move-up, luxury and active adult customers, through its innovative product mix.

For more information about Taylor Morrison or Monarch, please visit http://www.taylormorrison.com and http://www.monarchgroup.net.

For more information about Taylor Morrison communities in West Florida, call 866-495-6006 or visit http://www.taylormorrison.com.