Construction progressing at adult community in Monroe.

The important transformation from a construction site to a lively, vibrant neighborhood is well underway at Encore Monroe, the new active adult community of 394 single-family residences rising in the desirable Middlesex County Township of Monroe.

With construction progressing and the continuous arrival of new residents, visitors can now see for themselves the close-knit, friendly environment and unparalleled value, comfort and lifestyle appeal which defines this exceptional new community. In addition, a spectacular new model park is expected to grand open for public viewing Nov. 23 and 24.

"This is a very exciting time at Encore Monroe," says Gabe Pasquale, vice president and chief marketing officer at Spectrum Skanska.

"With more and more homeowners beginning to take up residence and our models preparing to debut, interested purchasers can obtain a stronger sense of the intimate neighborhoods, architecturally-distinctive designs and resort-like lifestyle available at Encore Monroe. As a result, we expect sales activity to increase dramatically in the coming weeks."

Encore Monroe continues to attract scores of buyers thanks to its unique blend of innovatively designed homes, close-knit environment, convenient location and a well-rounded lifestyle highlighted by world-class resort amenities. As a result, more than 100 homes have already been sold prior to the models opening at the community.

"With eight distinctive home designs -- Encore Monroe's two traditional two-story floorplans have attracted many adult buyers who desire familiar and comfortable living spaces similar to the single-family houses they have been living in, while the seven ranch designs appeal to buyers who prefer the convenience of one-level living," adds Pasquale.

"Buyers of both home styles' appreciate the community's luxurious resort-style amenities and maintenance-free lifestyle -- benefits most of them have never enjoyed before. The smaller, more intimate scale of the community and added privacy of cul-de-sac living also appeal to the majority of home buyers."

Priced from the upper $200,000s, Encore Monroe's unique ranch and two-story designs offer from 1,597 to more than 2,800 SF of absolute luxury. A magnificent 17,500-SF clubhouse provides the same activities found at larger active adult' communities, but on a much more intimate scale. Included are a state-of-the art fitness facility, indoor and outdoor aquatic center, a putting green, boccie, shuffleboard, tennis courts, and so much more.

Spectrum Skanska of Westchester County, N.Y., is developing Encore Monroe in joint venture with The Kalian Companies of Red Bank, N.J. Monroe was carefully selected as the site for these two building giants to join forces in developing a top of the line active adult neighborhood.

"The township is ideally located halfway between New York City and Philadelphia, just minutes from Exit 8A of the New Jersey Turnpike," comments Pasquale. "Major shopping is available at the nearby Freehold Mall and along Route 18, while recreational and cultural activities abound in Princeton, only a short drive away. "And for those who desire maintenance-free, adult living but are still employed, there are major highways and public train and bus transportation in close proximity to provide easy access to the business, cultural and entertainment venues of Manhattan and downtown Philadelphia."

Renowned for extraordinary homes and thoughtfully-designed neighborhoods, Spectrum Skanska and The Kalian Companies have brought together an award-winning team of architects, designers, land planners, marketing professionals and home builders to create Encore Monroe.

For over two decades, under the leadership of Mitchell C. Hochberg, Spectrum Skanska has been widely regarded as the Northeast's preeminent luxury residential homebuilder. Spectrum Skanska is the home building and development subsidiary of Skanska AB, the largest construction company in the world, who were recently named "The World's Most Respected Property and Construction Company" in the Financial Times/PricewaterhouseCoopers World's Most Respected Companies Survey 2001. The National Association of Homebuilders' "Community of the Year" awards have been bestowed upon four of Spectrum Skanska's New York neighborhoods including Valimar in White Plains in 2001; BelleFair at Rye Brook in 2000; Legend Hollow in Irvington in 1998; and The Highlands at Riverwoods in New Castle in 1997.