press release

Wakefield Development Company Brings Home Nine NCHBA STARS Awards

RALEIGH, N.C., Sept. 20, 2005 – Wakefield Development Company of Raleigh captured nine awards – more than any other developer – at the third annual North Carolina Home Builders Association STARS Award competition earlier this month.

Leading the way was Bedford at Falls River, the 608-acre traditional neighborhood community in North Raleigh, which captured four STARS Awards, including Best Sales Center, Best TV Ad, Best Newsletter and Best Website.

Two other Wakefield Development communities were recognized – Mackintosh on the Lake in Burlington won two awards for Best Logo and Best DVD, while Wakefield Plantation in North Raleigh earned an Outstanding Achievement Award for Community Brochure.

In addition, the company claimed two overall awards for Best Corporate Website (www.wakedev.com) and Best Color Print Ad.

The awards were presented earlier this month at the NCHBA Builder Expo & Conference in Charlotte. The competition attracted over 122 entries, and the event was attended by over 350 homebuilders, developers and guests.

Wakefield Development Company is the largest developer of residential communities in North Carolina’s Research Triangle of Raleigh, Durham, Cary and Chapel Hill. In 2004, the company’s communities welcomed a record of over 3,000 families and generated over $750 million in new home sales, Myers said, and is on pace to top those figures this year.

About Wakefield Development Company

Wakefield Development Company is the Triangle's largest developer of residential communities, with a portfolio that includes over 14,000 home sites. In addition to the 2004 NCHBA Community of the Year, Bedford at Falls River, the company has six other communities under development across the Raleigh-Wake County market, including Wakefield Plantation, Eagle Ridge, Edgewater, Cornerstone, Delta Ridge and Twin Lakes. Wakefield is developing Mackintosh on the Lake in Burlington, and will begin construction of two new Triangle area communities, Renaissance Park and Twelve Oaks. For more information, call 919-556-4310, visit www.WakefieldCommunities.com, or email info@wakedev.com.

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